Tag Results
Brilliant no more – pioneering ABS changes strategy and name
Monday, 23 June 2014Brilliant Law – the alternative business structure start-up backed by gambling millionaire Bert Black – has adopted a new name and new strategy as it bids to become a top-30 commercial firm within the next five years.
Tags: ABS, Alternative business structures
Posted in Latest news, Market monitor
Quindell targets huge staff growth and higher-value cases
Thursday, 19 June 2014Quindell plc is on track to nearly double the number of staff working in its legal division to 1,500 this year as part of a plan that is seeing the alternative business structure target noise-induced deafness claims as a major growth area, it revealed this week.
Tags: ABS, Alternative business structures, personal injury
Posted in Latest news, Market monitor
Barristers move towards ABS, survey says
Thursday, 19 June 2014Nearly one in five criminal and family barristers are considering joining alternative business structures with non-lawyer owners and four out of ten plan to apply, or are thinking of applying, for authorisation to conduct litigation, according to a major survey.
Tags: Alternative business structures, Bar Council, bar standards board, Barristers, direct access
Posted in Alternative business structures, Latest news
Bates Wells Braithwaite claims ABS will allow first ‘unified service’ in City
Monday, 16 June 2014Bates Wells Braithwaite, the charity law specialist, has claimed that its new ABS status will enable it to provide the first ‘unified service’ in the City. The firm’s non-legal services have been set up by accountant Jim Clifford, who is now an equity partner.
Tags: ABS, Alternative business structures
Posted in Alternative business structures, Latest news, Legal Services Act, Market monitor
British Printing Industries Federation awarded ABS license
Friday, 13 June 2014The British Printing Industries Federation, a trade association representing the UK’s print and packaging industry, has been awarded an ABS license, while a Hull-based employment, taxation, health and safety and environmental law service has also won ABS status.
Tags: ABS, Alternative business structures, COFA, COLP
Posted in Alternative business structures, Latest news, Market monitor
ABSs capture a third of personal injury market, SRA research reveals
Thursday, 12 June 2014ABSs account for a third of all turnover in the personal injury market, the first accurate overview of the progress of alternative business structures has revealed.
Tags: ABS, Alternative business structures, LDP, legal disciplinary practice, new businesses, personal injury
Posted in Alternative business structures, Latest news, Market monitor
SRA takes too long to approve applications, ABSs say
Thursday, 12 June 2014Firms applying for alternative business structure (ABS) status believe the Solicitors Regulation Authority takes too long to approve applications and its staff are too “bureaucratic”, according to the regulator’s own research.
Tags: ABS, Alternative business structures, Legal Services Act, licensing process, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news, Legal Services Act, Solicitors
Quindell forced to shelve plans for main market listing
Wednesday, 11 June 2014Alternative business structure Quindell plc has had to shelve its much-trumpeted plans for a full listing on the London Stock Exchange, the company admitted today. The news has further hit the AIM-listed company’s share price.
Tags: ABS, Alternative business structures, stock market listing
Posted in Latest news, Market monitor
Russia-focused multi-disciplinary ABS plans growth
Wednesday, 11 June 2014In the latest of our series profiling the new breed of alternative business structure, we speak to Red Square London, a law firm and multi-disciplinary family office that provides services mainly to wealthy Russian and Russian-speaking clients.
Tags: ABS, Alternative business structures
Posted in Alternative business structures, Latest news, Market monitor
SRA slashes ABS licensing backlog
Friday, 6 June 2014The Solicitors Regulation Authority has slashed its backlog of ABS licensing applications from 142 in January 2013 to 52 in April this year, it has emerged. The average age of work-in-progress ABS applications is now three months.
Tags: ABS, Alternative business structures, Legal Services Board, licensing, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news, Legal Services Act, Legal Services Board