Just six months after commencing operations, macushlaw is proud to announce that, as of January 31, 2021, our young firm officially obtained benefit company status in British Columbia.
Benefit corporations are companies that have as a core purpose the operation of its business in a responsible and sustainable manner and promoting one or more public benefits.
macushlaw has included in its articles the following commitments:
- To reduce the cost and accessibility of legal services for all types of clients and their overall experience with legal professionals through client-centered legal practice, use of technology, alternative fee arrangements, and any other suitable means.
- To improve the quality of life and well-being of lawyers engaging in the practice of law by abandoning partner-centered, traditional top-down, billable hour driven firm structure and adopting a lawyer-centered practice platform, and any other suitable means.
- To mitigate material adverse impacts, and maximize material positive impacts, of the Company’s operations on the communities within which it operates, specifically upon individuals and organizations that solely or primarily serve marginalized, low socioeconomic status persons, or persons either presently subject to significant prejudice or socioeconomic inequality, by implementing tiered rates, non-billable targets, encouraging and celebrating probono and lowbono legal services, policy developments and volunteerism of our team members, and any other suitable means.
- To mitigate the material adverse environmental consequences of providing legal services through implementing a digital by default practice platform, encouraging remote practice and client engagement, avoiding printing and physical mailing, and any other suitable means.
Benefit companies are required to annually product a benefit report showing the company’s performance against a third-party standard. We look forward to publishing our first ever benefit report in 2022.
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