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law.com > americanlawyer > 08/25/2026 > new-illinois-mso-legal-industry-law-may-be-ripe-for-a-challenge-experts-say

New Illinois MSO Legal Industry Law May Be Ripe for a Challenge, Experts Say

2+ week, 4+ day ago   (219+ words) Legal experts say an Illinois statute that regulates outside investment in law firms may run afoul of the inherent powers doctrine, which puts regulation of lawyers under the purview of the judicial, not legislative, branch. A new Illinois state law…...