Tag Results
Slater & Gordon proves ambition to be consumer law powerhouse with £33m Pannone deal
Thursday, 28 November 2013Slater & Gordon will have more than 5% of the UK personal injury market, and number one or two market share position in most consumer law practice areas, it claimed today after announcing details of its long-awaited acquisition of Manchester firm Pannone.
Tags: ABS, Alternative business structures, Slater & Gordon
Posted in Latest news, Market monitor
ABS update: MDP gains licence, employee ownership move, NewLaw’s latest JV, Co-op “restructuring”
Friday, 22 November 2013A multi-discipinary financial services group has obtained an ABS licence to complete its broad-based professional advice offering by bringing legal services in-house. Meanwhile, a specialist fertility law practice is considering using its licence to introduce employee ownership,
Tags: ABS, Alternative business structures, financial services
Posted in Alternative business structures, Latest news, Market monitor
Local councils make ABS bid as bulwark against outsourcing, while Kent pauses its ABS plan
Thursday, 21 November 2013HB Public Law, the merged legal teams of the London boroughs of Barnet and Harrow, is to seek an alternative business structure as a defence against outsourcing. Meanwhile, Kent Legal Services, the first council legal team to express ABS ambitions, has its plans on hold.
Tags: ABS, Alternative business structures, local authorities, Local authority legal services
Posted in Alternative business structures, Latest news, Market monitor
Quindell raises £200m to fund expansion as doors finally shut on first ABS failure
Friday, 15 November 2013Alternative business structure (ABS) Quindell Portfolio Plc has raised £200m through a share placement to fund “significant growth opportunities” amid other ABS news that has seen the first failure formally consigned to history.
Tags: ABS, Alternative business structures
Posted in Alternative business structures, Latest news, Market monitor
ABSs frustrated by acquisition targets that are either not ready or “financial basket cases”
Tuesday, 12 November 2013Alternative business structures (ABSs) that are keen to grow by acquisition have failed to make the strides they expected because of the problems of dealing with traditional law firms, it has been claimed.
Tags: ABS, Alternative business structures
Posted in Alternative business structures, Latest news, Legal Services Act, Market monitor
Falconer: demise of generalist high street firms “inevitable”
Monday, 11 November 2013Changes in the legal market since the Legal Services Act will accelerate, with competition from new providers and cuts in legal aid leading to a “tragic but inevitable” end for non-specialist high street firms, according to the politician who shepherded the Act through Parliament.
Tags: ABS, Alternative business structures, Legal Services Act
Posted in Alternative business structures, Latest news, Legal Services Act
Wiggin eyes transformation into media business after ABS licence award
Monday, 11 November 2013An alternative business structure (ABS) licence is the next stage of the evolution of well-known media law firm Wiggin into a media business “of which law is a central cog but not the be all and end all”, its chief executive has explained.
Tags: ABS, Alternative business structures
Posted in Alternative business structures, Latest news, Market monitor
SRA imposes controls on relationships within AA group after ABS award
Thursday, 7 November 2013The Solicitors Regulation Authority has imposed a series of conditions on AA Law that aim to control the relationship between the law firm and the breakdown giant’s insurance and claims-handling operations.
Tags: ABS, Alternative business structures, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news, Solicitors
MDPs “struggling” to make it through ABS licensing process
Wednesday, 6 November 2013The process of approving alternative business structures seems to be weighted against multi-disciplinary practices and business services firms, it has been claimed. The Legal Services Board also expressed concern over the impact on ABS licensing of senior departures from the SRA.
Tags: ABS, Alternative business structures, Legal Services Board, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news, Legal Services Board, Solicitors
Saga gains ABS licence with claim to offer “law for the people, not for the lawyers”
Tuesday, 5 November 2013Over-50s specialist Saga has today been granted an alternative business structure (ABS) licence to launch a joint venture law firm with fellow ABS Parabis Law. It aims to rebalance a market that “appears to be stacked in favour of the provider rather than the consumer”.
Tags: ABS, Alternative business structures
Posted in Alternative business structures, Latest news, Market monitor
Blog
Five key issues to consider when adopting an AI-based legal tech
As generative AI starts to play a bigger role in our working lives, there are some key issues that your law firm needs to consider when adopting an AI-based legal tech.
Bulk litigation – not always working in consumers interests
For consumers to get the benefit, bulk litigation needs to be done well, and we are increasingly concerned that there are significant problems in some areas of this market.
ABSs, cost and audits – fixing regulation after Axiom Ince
A feature of law firm collapses and frauds has sometimes been the over-concentration of power in outdated and overburdened systems of control.
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