Illinois HB 5487 keeps ABS and MSO liberalization politically contested
JD Supra reported that Illinois HB 5487 passed the General Assembly on May 31 and awaits the governor's signature, targeting private-equity investment and non-lawyer influence in legal services.
BY FRONTIER DESK · JUNE 15, 2026 · 1 MIN READ
JD Supra reported that Illinois HB 5487 passed the General Assembly on May 31 and awaits the governor's signature, targeting private-equity investment and non-lawyer influence in legal services. The bill would regulate MSOs and ABS-style models, restrict non-lawyer control over core legal functions, and affect fee structures and some vendor relationships. For AI-native firms, MSOs and outcome-priced delivery models, the message is that business-model innovation remains jurisdiction-sensitive and can trigger political and professional-regulatory pushback.