Tag Results
In-Deed eyes up expansion into will-writing and personal injury work
Wednesday, 15 June 2011In-Deed, the new online conveyancing service from Rightmove founder Harry Hill, is eyeing up expansion into the will-writing and personal injury market. The company listed on AIM today with a market capitalisation of £8.6m.
Tags: ABS, Alternative business structures, conveyancing, personal injury, will-writing
Posted in Alternative business structures, Market monitor, News
Survey: brands aren’t important – but clients will still head to AA, Co-op and Tesco
Wednesday, 15 June 2011Just 3% of consumers rate a recognisable brand such as Tesco, the Co-operative or the AA as an important factor when choosing a law firm, new research has found. However, the survey of 500 consumers found that 26% would nonetheless go to one of those three brands for legal advice – but 74% would choose a traditional law firm.
Tags: ABS, Alternative business structures
Posted in Alternative business structures, Legal Services Act, Market monitor, News
Co-op pilots face-to-face legal advice in branches of Britannia
Tuesday, 7 June 2011The Co-operative has this week broken new ground by offering face-to-face legal services, combined with financial services advice, through the Britannia bank. The pilot could be the precuror to legal services being delivered through 350 branches of Britannia and the Co-operative Bank.
Tags: ABS, Alternative business structures, Co-op
Posted in Alternative business structures, Market monitor, News
Two sides of the referral fee coin
Monday, 6 June 2011Reaction to the Legal Services Board’s decision document last week on referral fees has been predictable. The Law Society and Bar Council were deeply unhappy, as was the Association of British Insurers (not an organisation with which Chancery Lane often makes common cause).
Tags: ABS, Alternative business structures, Association of British Insurers, Legal Services Board, referral fees
Posted in Blog
News in brief: quality schemes probe, fast-track LPC for all, CQS on the up and more
Thursday, 2 June 2011Our regular round-up of developments you need to know about includes a call for advice on voluntary quality schemes, the opening up of the legal market in Korea, the College of Law’s fast-track LPC, the continuing fight over the scope of legal professional privilege, CQS hitting 200 firms and much more.
Tags: ABS, Alternative business structures, Bar Council, conveyancing quality scheme, CQS, Law Society, legal practice course, Legal Services Board
Posted in News In Brief
Paying the piper for a bit longer yet
Wednesday, 1 June 2011Put six lawyers in a room and you may well get nine different points of view on referral fees. But could the end be nigh for this fierce debate, which has split the profession asunder for many years? As the Legal Services Board recognised in its decision last week – and secretly probably hopes – the advent of alternative business structures could render the issue irrelevant.
Tags: ABS, Alternative business structures, bar standards board, claims management companies, conveyancing, Legal Services Board, referral fees, Solicitors Regulation Authority
Posted in Blog
Planning to launch your ABS on 6 October? Think again as Kenny admits delay is likely
Tuesday, 31 May 2011It is highly unlikely that the Solicitors Regulation Authority will be able to license alternative business structures on 6 October, Legal Futures can reveal. Legal Services Board chief executive Chris Kenny has admitted to us that getting the required orders through Parliament in time is looking “not impossible but very difficult”.
Tags: ABS, Alternative business structures, Council for Licensed Conveyancers, Legal Services Board, Solicitors Regulation Authority
Posted in Alternative business structures, Legal Services Board, News
PC fee to fall as SRA takes steps to ensure ABSs cannot “manipulate” turnover
Tuesday, 31 May 2011The practising certificate fee is set to fall by 16.7% to £350 in the coming year, it has emerged. The news comes as the Solicitors Regulation Authority should tomorrow approve provisions that will allow it to amend an alternative business structure’s turnover figure – upon which the SRA’s fees will be based – if it feels the number does not reflect the true value of the legal services provided.
Tags: ABS, Alternative business structures, Institute of Chartered Accountants, Law Society, practising certificate fee, Solicitors Regulation Authority
Posted in Alternative business structures, News, Solicitors
DAS appoints legal services manager as it prepares for ABS conversion
Friday, 27 May 2011Legal Futures Associate DAS Legal Expenses Insurance has announced the appointment of Sue Renny as legal services manager.
Tags: ABS, Alternative business structures
Posted in Uncategorized
In-deed “could take minority stakes” in its panel law firms post-ABS
Tuesday, 24 May 2011In-deed, the new online conveyancing business, could use the cash it raises from an AIM listing to inject capital into its panel law firms, it has emerged. The company hopes to float next month, with a market capitalisation projected at around £9m.
Tags: ABS, Alternative business structures, conveyancing, conveyancing quality scheme, CQS
Posted in Alternative business structures, Market monitor, News