Tag Results
First ABS wannabes begin SRA application process
Wednesday, 4 January 2012More than 10 prospective alternative business structures completed the first stage of the Solicitors Regulation Authority’s application process on the first day, the authority has revealed. SRA figures show that it will spend a minimum of three days considering applications.
Tags: ABS, Alternative business structures, Solicitors Disciplinary Tribunal, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news
Djanogly hails benefits of ABSs to law firms and consumers as SRA opens doors to applications
Tuesday, 3 January 2012Alternative business structures will make solicitors’ firms “more competitive, more accessible and more efficient”, justice minister Jonathan Djanogly claimed today as the Solicitors Regulation Authority opened its doors to the first ABS applications.
Tags: ABS, Alternative business structures, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news, Solicitors
IPReg set for ABS licensing authority application
Wednesday, 21 December 2011The Intellectual Property Regulation Board (IPReg) is set to apply to become an alternative business structure licensing authority, it has emerged. A scoping document published last week lays out the process required to be designated in October 2013.
Tags: ABS, Alternative business structures, Chartered Institute of Patent Attorneys, Institute of Trade Mark Attorneys, Intellectual Property Regulation Board
Posted in Alternative business structures, Latest news, Other lawyers
Legal Services Board levy set to fall as it reins in costs
Friday, 16 December 2011The Legal Services Board is planning to reduce its levy on the legal profession by 9% next year, it announced yesterday while outlining its plans for 2012/13 and wider strategic objectives for the next three years.
Tags: ABS, Alternative business structures, estate administration, Legal Services Board, probate, reserved legal activities, will-writing
Posted in Latest news, Legal Services Board
News in brief: Admiral Insurance "eyeing ABS", SRA referral fee summit, Jackson update and more
Wednesday, 14 December 2011Our regular round-up includes reports that Admiral is considering becoming an ABS, the SRA starting work on the referral fee ban, Labour’s latest LASPO amendments, the Information Commissioner mulling powers to force law firm audits, and a warning over getting involved in land-banking.
Tags: ABS, Alternative business structures, ATE insurance, data protection, Legal Aid Sentencing and Punishment of Offenders Bill, referral fees, Solicitors Regulation Authority
Posted in Alternative business structures, Market monitor, News, News In Brief, Solicitors
Companies look at ABS switch to profit from in-house teams
Monday, 12 December 2011A number of companies are looking at registering their legal departments as alternative business structures (ABSs) in a bid to turn their in-house function into profit centres, it has been claimed. But there are difficulties to be addressed.
Tags: ABS, Alternative business structures, in-house lawyers
Posted in Alternative business structures, Market monitor, News
Co-op plans immediate ABS application
Thursday, 8 December 2011Co-operative Legal Services has confirmed that it intends to submit its bid to become an alternative business structure on 3 January 2012 – the day the Solicitors Regulation Authority will begin accepting applications.
Tags: ABS, Alternative business structures, Co-op, Solicitors Regulation Authority
Posted in Alternative business structures, Market monitor, News
PwC to explore option of becoming an ABS and absorbing its legal arm
Wednesday, 7 December 2011Big four accountancy firm PwC is to explore whether to absorb its associated law firm and become an alternative business structure. Legal services is the one area of the firm’s work where it is not able to operate as a totally integrated practice.
Tags: ABS, accountants, Alternative business structures, Institute of Chartered Accountants, MDP, multi-disciplinary practice
Posted in Alternative business structures, Market monitor, News
ABSs and fixed fees are answer to charities' legal advice deficit, says consumer panel report
Tuesday, 6 December 2011Alternative business structures could be decisive in helping smaller charities access legal advice with fixed fees, according to research which shows many lack understanding of their legal needs and cannot afford solicitors.
Tags: ABS, Alternative business structures, Legal Services Consumer Panel
Posted in Alternative business structures, Consumer panel, Market monitor, News
Bar Council working on scheme that enables barristers to hold client money
Tuesday, 6 December 2011The Bar Council has begun work on providing central client account facilities for barristers, it emerged last night as incoming chairman Michael Todd QC set out his stall for 2012 with a call for barristers to invest in their future.
Tags: ABS, Alternative business structures, Bar Council, Barristers
Posted in Barristers, News
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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