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The Solicitors Regulation Authority has granted KPMG 12 waivers from the rules governing solicitors, in what appears to be a work-around ahead of proposed new rules that will make it easier for multi-disciplinary practices to become alternative business structures.

Hampshire law firm Moore Blatch has teamed up with national spinal injury charity Aspire to launch the first alternative business structure of its kind. Aspire Law will open for business on 3 November, offering a specialist service to people with spinal cord injuries.

Two north-west alternative business structures (ABSs) have announced record results, while Slater & Gordon’s next potential acquisition, and first in Wales, has emerged.

Solicitors Regulation Authority plans to make it easier for multi-disciplinary practices to be licensed as alternative business structures will give the large accountancy firms a competitive advantage, the Law Society has claimed.

Falling revenue from personal injury work is the reason for the £5.1m loss announced by Co-operative Legal Services (CLS) yesterday, managing director Matt Howells has said.