Tag Results
Be afraid. Be very afraid. And then do something about it
Thursday, 23 September 2010What has struck me from the various conversations I’ve had of late is that though we are still more than a year away from alternative business structures (ABSs), there is already an awful lot going on out there. Those lawyers who think that I and others are exaggerating or scaremongering when we report on threats to the traditional practice of law should meet some of these people. It really is happening.
Tags: ABS, Alternative business structures, conveyancing, personal injury, probate
Posted in Blog
Tell me what you want, what you really, really want
Friday, 17 September 2010When you have been to as many legal conferences as I have over the past 15 years (and boy, have I been to a lot), you get practised at tuning in and out and getting on with other stuff – with the best will in the world, I’ve heard a lot of it before (and often from the same people). So listening to Shirley Woolham of CPP Group at the Epoq/Plexus Law conference on Tuesday was exciting on a couple of levels.
Tags: ABS, Alternative business structures
Posted in Blog
RBS: “huge opportunity” for big brands to dominate £15bn legal services market
Thursday, 16 September 2010There is a £15bn market in consumer and small business legal services and big brands “have the potential to dominate” it in the future, a senior representative of Royal Bank of Scotland (RBS) said this week.
Tags: ABS, Alternative business structures, Legal Services Act
Posted in Alternative business structures, Market monitor, News
Legal advice revolution? New £50 service for big brands to sell to customers revealed
Wednesday, 15 September 2010Some of the biggest brand names in the UK will shortly have access to a legal advice and assistance package for their customers costing around £50 a year, Legal Futures can reveal. CPP Group plc, which provides services via over 200 businesses worldwide – including Tesco, Marks & Spencer, Barclays and HSBC – has developed a product which will give consumers access to everyday consumer advice, a range of legal services, and relevant membership discounts and offers.
Tags: ABS, Alternative business structures
Posted in Alternative business structures, News
SRA in surprise move to revisit guidance on pre-ABS deals with external investors
Friday, 10 September 2010The Solicitors Regulation Authority is to revisit at its next meeting the question of whether to relax its rules on preparations in advance of the launch of alternative business structures next October.
Tags: ABS, Alternative business structures, external investment, Solicitors Regulation Authority
Posted in Alternative business structures, Market monitor, News, Solicitors
Case study: implementing Proclaim to compete more effectively
Friday, 10 September 2010Lees Solicitors LLP is a Wirral-based, multi-disciplinary practice employing over 100 staff at offices in Birkenhead, Heswall, and West Kirby. The practice recently chose the Proclaim Practice Management system from Legal Futures Associate Eclipse as a firm-wide replacement to its incumbent software. Eleni Kinch, professional support principal at Lees, discusses the practice, its reasons for IT investment and its strategy for the future.
Tags: ABS, Alternative business structures, IT
Posted in Technology
Guess who’s coming to dinner? LSB’s register of hospitality revealed
Friday, 10 September 2010A range of law firms and commercial interests have been wining and dining representatives of the Legal Services Board (LSB), according to information released to Legal Futures under the Freedom of Information Act.
Tags: ABS, Alternative business structures, Legal Services Board, Legal Services Consumer Panel
Posted in Consumer panel, Legal Services Board, News
SRA to warn firms not to enter into binding agreements with external investors yet
Sunday, 5 September 2010Law firms preparing to become alternative business structures should not enter into binding contractual agreements with prospective external owners, the Solicitors Regulation Authority is likely to warn this week.
Tags: ABS, Alternative business structures, Solicitors Regulation Authority
Posted in Alternative business structures, News, Solicitors
Green light for barristers to join LDPs, but LSB says bar still has a way to go
Tuesday, 30 March 2010The Legal Services Board has approved plans to allow barristers to become partners in legal disciplinary practices but warned that the changes “go only part of the way towards opening up the market in the interests of consumers”.
Tags: ABS
Posted in Barristers, Latest news, Legal Services Act, Legal Services Board, Regulation
Strong results for Co-op Legal Services
Friday, 26 March 2010Profits at Co-operative Legal Services more than doubled last year, preliminary figures have shown. Sales from the legal arm grew 45%, to £20 million, with operating profits up £2.1 million to £3.8 million.
Tags: ABS, Co-op, supermarket law
Posted in Latest news, Legal Services Act, Market monitor