CONFERENCE REPORT: Pros and Cons of ABS Firms Explored

March 11, 2026, 4:14 PM UTC

Alternative business structure, or ABS, firms are a major topic of discussion among lawyers, with questions about how they fit into the larger legal industry and how they might impact the quality and availability of legal services.

At the 25th Annual LMRM conference hosted by Hinshaw & Culbertson LLP, panelists Andy Kvesic, CEO of Aprio Legal LLC, and Laura Walker, Chief Risk Officer, General Counsel, and Partner at Aprio Advisory Group LLC both spoke about their experience at an ABS law firm.

The March 4 discussion focused on nonlawyer ownership in law firms. Walker explained that Aprio is an accounting ...

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