Tag Results
DAS buys law firm as it bids to build major consumer brand
Monday, 11 March 2013Legal expenses insurer DAS has finally secured the law firm acquisition that will kickstart its bid to become one of the UK’s top legal services providers. DAS, which is owned by German insurance giant Munich Re, has bought Bristol law firm CW Law.
Tags: ABS, Alternative business structures
Posted in Alternative business structures, Latest news, Market monitor
Number of private practice solicitors falls for first time as Law Society warns of ABS threat
Monday, 11 March 2013The number of qualified solicitors in private practice fell last year for the first time since records began. A new legal service market assessment by the Law Society also warned that that a small number of successful ABSs could radically reshape the market for high street legal services.
Tags: ABS, Alternative business structures, Co-op, high street firms
Posted in Alternative business structures, Latest news, Market monitor
Family office for wealthy Russians joins ABS ranks
Friday, 8 March 2013A company that specialises in helping wealthy business people from Russia and Eastern Europe relocate to London has acquired an alternative business structure licence in order to add legal services to its business services portfolio.
Tags: ABS, Alternative business structures, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news, Market monitor
Top media firm and regional practice seeking external cash help take ABS total to over 100
Tuesday, 5 March 2013A leading media law firm and a regional practice seeking minority external ownership to drive an acquisition strategy are among the latest alternative business structure approvals as the number of licences issued by the Solicitors Regulation Authority tops 100.
Tags: ABS, Alternative business structures, external investment
Posted in Alternative business structures, Latest news, Market monitor
BT Law to have more than 100 staff as it targets expansion
Tuesday, 5 March 2013BT’s new legal arm will have more than 100 staff once it is at full strength, its head of legal practice has revealed. Miles Jobling also expressed strong confidence that it would prove an attractive service to those seeking volume services.
Tags: ABS, Alternative business structures
Posted in Latest news, Market monitor
AIM-listed legal expenses insurer buys Manchester law firm
Friday, 1 March 2013Legal expenses insurer and alternative business structure Abbey Protection plc has acquired Manchester commercial law firm Lewis Hymanson Small, completing a three-pronged strategy to expand its services to the SME market.
Tags: ABS, Alternative business structures
Posted in Alternative business structures, Latest news, Market monitor
Slater & Gordon eyes further UK expansion after half-year results show income on target
Thursday, 28 February 2013Slater & Gordon is set to grow its UK business after it announced its first half-year results since the takeover of Russell Jones & Walker. The listed Australian firm – now an ABS in England and Wales – posted a 46.5% increase in its revenue for the last six months of 2012.
Tags: ABS, Alternative business structures, Slater & Gordon
Posted in Alternative business structures, Latest news, Market monitor
Ombudsman warns of mis-selling risk around family law services
Thursday, 28 February 2013Innovation in family law services is working for consumers but could in time lead to mis-selling and hidden costs as complex financing and legal services structures emerge, the Legal Ombudsman has warned.
Tags: ABS, Alternative business structures, family law, Legal Ombudsman, LeO
Posted in Latest news, Legal Ombudsman
LSB chief questions need for training contract and pupillage, and pushes for faster ABS process
Wednesday, 27 February 2013A training regime whose only specification is what a newly-qualified lawyer should be able to offer on day one is the kind of deregulation the Legal Education and Training Review should be considering, according to the chief executive of the Legal Services Board.
Tags: ABS, Alternative business structures, Council for Licensed Conveyancers, legal education and training review, Legal Services Board, Solicitors Regulation Authority
Posted in Alternative business structures, hrtraining, Latest news, Other lawyers, Solicitors
Liverpool firm “open to external capital” as it gains ABS licence
Wednesday, 27 February 2013A Liverpool firm that describes itself as “very open-minded” about external investment is one of a pair of firms to receive the latest alternative business structure (ABS) licences from the Solicitors Regulation Authority.
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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