Tag Results
Will-writers receive ABS licence
Friday, 25 May 2012A Buckinghamshire-based will-writing company has today become the latest recipient of an alternative business structure licence. Parchment Wills & Legal Services Ltd of Gerrards Cross is a founder member of the Institute of Professional Willwriters.
Tags: ABS, Alternative business structures, Institute of Professional Will-writers
Posted in Alternative business structures, Latest news, Market monitor
Revealed: niche property firm becomes newest ABS
Friday, 25 May 2012A niche property law firm in Oxfordshire has become the sixth alternative business structure to be licensed by the Solicitors Regulation Authority. Its senior partner said becoming an ABS gives the firm “additional flexibility in terms of structuring our business”.
Tags: ABS, Alternative business structures, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news, Market monitor
Co-op eyes up conveyancing firm acquisition
Friday, 25 May 2012Co-operative Legal Services may look to acquire a conveyancing practice as it brings property work in-house, it revealed yesterday. The revelation came during a press briefing that laid out the Co-op’s strategy more clearly than ever before.
Tags: ABS, Alternative business structures, Co-op
Posted in Alternative business structures, Latest news, Market monitor
Co-op to recruit 3,000 staff as it bids to dominate consumer legal market
Thursday, 24 May 2012The Co-operative Group has today announced plans to create 3,000 jobs in the legal sector as it laid out its ambitions to create the largest consumer law business in the country. It will also offer face-to-face advice in all 330 of its bank branches.
Tags: ABS, Alternative business structures, Co-op, consumer brands
Posted in Alternative business structures, Latest news, Market monitor
Stobart Group to start advertising barrister-led service
Friday, 18 May 2012The Stobart Group – which yesterday made the surprise announcement of its intention to enter legal services – will today begin advertising its barrister-led offering, which aims to cut out the “waste” of instructing a solicitor separately.
Tags: ABS, Alternative business structures, Barristers
Posted in Latest news, Market monitor
In-house lawyers to face tricky ABS decision
Friday, 18 May 2012The Solicitors Regulation Authority is to push ahead with changes to the SRA Handbook that will leave it to in-house lawyers to decide whether the law requires that their legal teams become alternative business structures.
Tags: ABS, Alternative business structures, COFA, COLP, compliance officer for finance and administration, compliance officer for legal practice, local authorities, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news, Solicitors
AIM-listed conveyancing business announces first law firm acquisition
Tuesday, 15 May 2012AIM-listed online conveyancing business In-Deed – which last year became the first business to announce its intention to invest in law firms – has today begun its acquisition programme after admitting that its direct-to-consumer model is not growing as quickly as hoped.
Tags: ABS, Alternative business structures, conveyancing, licensed conveyancers
Posted in Latest news, Market monitor
Law Society launches stinging attack on SRA plan for massive fining powers
Tuesday, 15 May 2012Solicitors Regulation Authority plans to introduce multi-million pound fines for law firms are a “significant breach of Parliament’s intentions” and in any case wrong on policy grounds, the Law Society has claimed.
Tags: ABS, Alternative business structures, Law Society, Legal Services Board, Solicitors Regulation Authority
Posted in Latest news, Solicitors
Neuberger: ABSs herald death of hourly billing
Monday, 14 May 2012Alternative business structures may well herald the demise of hourly billing as legal practice becomes even more competitive, the Master of the Rolls has predicted. Contingency fees and price comparision websites will also play a role.
Tags: ABS, Alternative business structures, CFAs, contingency fees, fixed fees, hourly billing, price comparison
Posted in Alternative business structures, Latest news
Edmonds tells lawyers to get off their high horse about non-lawyers’ impact on their ethics
Friday, 11 May 2012It is “demeaning” to suggest that non-lawyers becoming involved in alternative business structures are less likely to be ethical, the chairman of the Legal Services Board claimed last night. David Edmonds also pointed to a string of scandals involving lawyers.
Tags: ABS, Alternative business structures, ethics, Legal Services Board
Posted in Alternative business structures, Latest news, Legal Services Board
Blog
Mind the (justice) gap: Why are RTAs going up but claims still down?
The gap between the number of road traffic accident injuries and the number of motor injury claims continues to widen, according to the latest government data.
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.
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