ABA launches initiative to help measure effectiveness of regulatory reforms
Image from Shutterstock.com. The ABA Center for Innovation has launched an initiative focused on developing uniform metrics that states could use to measure the effectiveness of new approaches they are taking to regulating the legal industry. The center’s project comes as states such as Utah and Arizona have in recent months approved opening up their legal marketplaces to alternative business structures featuring nonlawyer owners and investors. Officials involved with the ABA’s metrics initiative say a primary goal is assisting jurisdictions with determining whether their regulatory reforms are achieving the desired outcomes, such as increased access to justice for members of the public. States collecting the same type of data would also allow for comparisons between different regulatory approaches, they argue.