Holland & Knight frames MSO/ABS economics around governance, financial flows and valuation

Holland & Knight's Trisha Rich and Joshua Porte contributed to the PELA guide, focusing on the ethical parameters of MSO and ABS partnerships that can support outside investment in law firms. The guide stresses the separation of regulated legal practice from a centralized services platform and links that distinction to governance, financial flows, compliance, scalability, execution and valuation. For firms evaluating outside capital, the economics cannot be separated from structure. Who controls business operations, who protects professional judgment, and how value flows between the firm and services platform will determine both valuation and regulatory durability.