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" ... There is no indication that ethical problems have proliferated in countries with reregulated legal industries, but there is substantial evidence that innovation, client satisfaction, and competition have spiked in those markets. The conflicts that critics of legal corporatization cite already exist within the traditional partnership model. Firms and clients are in economic misalignment—that’s a major cause for client disaffection. Law firm credit facilities with large banks are their lifeline—why not allow them to receive investment capital to upgrade technology, improve process, and attract top talent? Law firms, in-house legal departments, and legal service providers should all be permitted to operate as corporate structures and be bound by the same set of legal practice and ethics rules. A corporate structure is not inimical to law firms because there is no inherent difference between law and other professional services that have already been corporatized. Medicine, for example has gone the corporate route—why not law? ... "