Practus, LLP

Practus, LLP Our innovative model jettisons the costly overhead and over-staffing associated with typical law firms.

We offer a better way of doing business for both clients and attorneys. Practus, LLP is a virtual law firm that offers a new perspective to law and the law firm model for our attorneys and clients. We specialize in the following practice areas: financial services law, healthcare law, intellectual property law, tax law, commercial litigation, technology & compliance law, estate law, corporate law, emerging growth & business, and insurance law.

The Securities and Exchange Commission (SEC) just rescinded its longstanding no-deny policy.For decades, parties could s...
05/25/2026

The Securities and Exchange Commission (SEC) just rescinded its longstanding no-deny policy.

For decades, parties could settle SEC enforcement actions without admitting wrongdoing, but they also couldn’t publicly deny the allegations afterward. That restriction has now been eliminated.

In his latest blog, Practus partner and financial services attorney, Robert Moreiro, explains:
• Why this SEC policy reversal matters
• How it may shift settlement leverage
• The risks firms still need to navigate
• The key unanswered questions moving forward

This decision changes how firms may negotiate settlements, manage reputational fallout, and approach parallel litigation strategy.

Read the full blog to understand what just changed and how it could affect your next SEC matter. Link in comments.

This Memorial Day, we honor and remember the brave service members who gave their lives to serve our country. We also ho...
05/25/2026

This Memorial Day, we honor and remember the brave service members who gave their lives to serve our country. We also hold their families and loved ones in our thoughts as we reflect on the sacrifices made to protect our freedoms.

Congratulations to Practus client, Themes ETFs, on the launch of eleven exchange traded funds!To celebrate the milestone...
05/21/2026

Congratulations to Practus client, Themes ETFs, on the launch of eleven exchange traded funds!

To celebrate the milestone, Themes executives rang the closing bell at the Chicago Board Options Exchange on May 14. With these launches, Themes has now brought 109 ETFs to market.

“The team’s innovation, leadership and continued growth have been remarkable to watch, and we are grateful for the strong partnership we’ve built together. We congratulate the entire organization on this well-deserved recognition and look forward to their continued success,” says Practus partner, Karen Aspinall

Practus partners, Karen Aspinall, Robert Elwood, Tina Bloom, and Andres Idarraga, joined forces in Chicago to celebrate the launch.

Practus is proud to support the Themes ETFs team as they continue building momentum in the ETF space.

Learn more about this milestone at the link in the comments.

Curious about the world of ETFs? This 3-part series from our ETF legal team is your playbook for getting to market.Our E...
05/21/2026

Curious about the world of ETFs? This 3-part series from our ETF legal team is your playbook for getting to market.

Our ETF team was the first to successfully execute a mutual fund-to-ETF conversion, and we continue to help shape the industry by guiding clients through regulatory change, product innovation, and complex market challenges.

Partners Chris Hayes, Timothy Spangler, and Raymond Holst break down what it really takes to bring an ETF to market today.

Part 1: From First-to-Market to First-to-Scale
See why long-term ETF success is not just about speed to launch, but also about building a legal and regulatory strategy from day one that improves approval timelines and unlocks scalability. https://practus.com/from-first-to-market-to-first-to-scale-what-it-really-takes-to-launch-innovative-etfs-today/

Part 2: Digital Asset ETF Review Process
Understand what actually drives SEC outcomes for digital asset ETFs, and why custody, valuation, market integrity, and compliance often determine whether a product moves forward or stalls. https://practus.com/the-new-etf-frontier-digital-assets-tokenization-and-the-regulatory-tightrope/

Part 3: Embedded ETF Legal Counsel
Learn why the most efficient ETF launches prevent issues up front by using embedded legal counsel to streamline decisions, reduce rework, and accelerate ex*****on. https://practus.com/beyond-legal-advice-why-etf-sponsors-need-strategic-counsel-not-just-outside-counsel/

Read the full series to see how leading sponsors are building ETFs that scale, not stall.

Rescheduled: Join Practus, in collaboration with Harneys, for “Private Funds in Cayman and BVI – Latest Trends for U.S. ...
05/20/2026

Rescheduled: Join Practus, in collaboration with Harneys, for “Private Funds in Cayman and BVI – Latest Trends for U.S. Fund Managers,” a webinar on private fund formation and operations in the British Virgin Islands and Cayman Islands.

📅 The webinar will now take place May 27 at 8:30 a.m. PT.

Hosted by Timothy Spangler and Christopher Hayes of Practus, alongside James Smith of Harneys, this session will cover the latest legal, regulatory, and practical considerations for structuring alternative investment funds in two of the world’s leading offshore jurisdictions.

Attendees will gain insight into:
• Key differences and similarities between the Cayman and BVI regulatory regimes
• Current legal, regulatory, and business landscape for forming alternative investment funds
• Fund structuring considerations, including fund types, costs, and timelines
• Company formation processes and ongoing compliance obligations

This webinar is designed for fund managers, compliance professionals, general and in-house counsel at financial service firms, family office executives, wealth advisers, accountants, consultants, and international structuring specialists.

This event is free to attend. Visit the link in the comments to learn more and register.

As part of our 8th-anniversary “Forged to Endure” series, we’re highlighting how Practus helps clients navigate modern b...
05/19/2026

As part of our 8th-anniversary “Forged to Endure” series, we’re highlighting how Practus helps clients navigate modern business challenges with a more integrated approach to legal services.

The best navigators don’t stand on the shore; they chart the course alongside their clients. Here’s how that looks in practice:

1. The Fractional GC Model: Many of our attorneys serve as embedded counsel and fractional general counsel, giving clients ongoing strategic legal leadership without the need for an in-house legal team.

2. Tech-Enabled Delivery: Integrated technology helps our attorneys work faster, collaborate securely across jurisdictions and practice areas, and deliver a more modern client experience with alternative fee arrangements.

3. Integration with Business Teams: Our attorneys work closely with business teams from day one to help bring products to market faster and identify risks earlier.

Navigation is a continuous process of adaptation. By combining the right people, processes, and technology, we’ve built a firm designed to navigate the complexities of 2026 and beyond.

See how Practus is navigating the modern legal landscape in the latest article by Chris Lange (linked in the comments).

The legal landscape is constantly evolving, and firms that lean into that change are giving attorneys a real advantage.H...
05/18/2026

The legal landscape is constantly evolving, and firms that lean into that change are giving attorneys a real advantage.

Here’s how modern firms are leveling up attorneys:

• Emerging Legal Specialties: Expanding into high-demand areas like tech, privacy, and ESG to stay competitive and relevant.

• Subscription & Flat Fee Services: Offering alternative fee arrangements clients actually want while creating more predictable, sustainable revenue.

• Alternative Business Structures (ABSs): With innovations like ABS, firms can be owned by non-lawyers, enabling a more entrepreneurial, business-driven approach to legal services.

The right firm doesn’t just support your practice, it elevates it.

That’s the shift firms like Practus are leading. Learn more in the comments.

05/14/2026

The worst time to hire a commercial litigator is after the damage is already done.

In the video below, we break down six warning signs it’s time to involve legal counsel:

1. Contract disagreements
2. Internal relationship breakdowns
3. Accusations of wrongdoing or misconduct
4. Actions impacting business finances
5. Real estate issues
6. A growing sense that something is off

▶️ Watch the video to learn how proactive legal guidance can help businesses stay ahead of disputes before they become six-figure problems.

Then visit the link in the comments for a deeper look at the warning signs that you need legal counsel today.

“Our attorneys operate at the partner level so clients are always getting partner-level quality. If I have a client and ...
05/13/2026

“Our attorneys operate at the partner level so clients are always getting partner-level quality. If I have a client and I know someone else can do a better job on a particular matter, I’m incentivized to hand over the reins and vice versa. Big Law incentivizes maximizing billable hours, including leveraging less experienced junior lawyers, which makes it too easy to lose sight of the clients’ needs. My overall impression is that big firms do a great job with quality and coverage but don’t do as good of a job meeting clients’ business needs.” Practus partner, Chris Colvin.

At Practus, attorneys are connected across practice areas, jurisdictions, and industries. They can bring in the right colleague from across the firm when a client’s matter calls for it. No hierarchy. No handoffs driven by structure. Just direct access to the best fit for the job.

The result is better alignment, faster collaboration, and legal work that stays focused on solving the client’s business needs.

Learn more from Practus attorneys on how the distributed law firm model serves clients best (link in comments).

Join Practus partner, Tim Billick, on May 14-15 at the Cre8te Summit in Seattle, where he’ll talk with independent creat...
05/12/2026

Join Practus partner, Tim Billick, on May 14-15 at the Cre8te Summit in Seattle, where he’ll talk with independent creators and entrepreneurs about navigating intellectual property pitfalls.

On May 14th from 10:00-10:40 a.m. PDT, Tim will join the panel, ‘Law & Order: Pitfalls and Best Practices in the Creative/Creator Economy.’

He’ll also host a session later that day, ‘IP Basics: Work-for-Hire & AI,’ from 5:15-5:45 p.m.

Cre8te Summit is a two-day immersive event bringing together creators, founders, entrepreneurs, small business owners, and operators to turn ideas into income.

Reserve your spot today. Registration is $125.

Visit the link in the comments to learn more and register.

Practus wasn’t built to react to where the legal industry was. It was built for where it was going.As we celebrate eight...
05/12/2026

Practus wasn’t built to react to where the legal industry was. It was built for where it was going.

As we celebrate eight years of Practus, this week’s “Forged to Endure” blog in our anniversary series looks at the forces reshaping the legal industry and why our model was designed to withstand them.
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Here’s what’s changing:
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1. Modern Clients are Redefining Value: Clients want to buy access, strategy, and great outcomes, not time. They expect direct communication with experienced attorneys, transparent pricing, and the ability to work across jurisdictions and practice areas.

2. Technology Is Rewriting the Workflow: New technologies, automation, and data-driven tools are shifting how legal work gets done. Tasks that once required layers of hierarchy can now be delivered by experienced partners supported with the right technology.

3. Entrepreneurial Attorneys Are Reclaiming Ownership: More attorneys want to build intentional practices rather than operate within rigid structures. They’re looking for control over their clients, flexibility in how they work, and compensation that reflects the value they create.

Traditional firms are trying to retrofit themselves to meet these realities. But Practus was built for the future from day one.

Our distributed, partner-led model allows us to deliver direct access, flexibility, and aligned incentives without restructuring or compromise.

Read more about how Practus was built to endure. Link in the comments.

Address

11300 Tomahawk Creek Parkway Suite 310
Leawood, KS
66211

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+12402066027

Website

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