Tag Results
Exclusive: major blow to Co-op Legal Services as Blacklaws departs
Thursday, 10 April 2014Christina Blacklaws, who has spearheaded the development of Co-operative Legal Services, left the alternative business structure at the end of last month, Legal Futures can reveal.
Tags: ABS, Alternative business structures, Co-op
Posted in Alternative business structures, Latest news, Market monitor
Council legal team launches procurement exercise to find ABS partner
Thursday, 10 April 2014Kent County Council’s legal services team is expecting a bumper response from law firms and other legal services providers after starting a unique procurement exercise for a joint venture partner within an alternative business structure.
Tags: ABS, Alternative business structures, joint venture
Posted in Alternative business structures, Latest news, Market monitor
SRA’s approach to licensing ABSs “damaging competition, consumers and access to justice”
Wednesday, 9 April 2014The Solicitors Regulation Authority’s approach to licensing non-traditional businesses as alternative business structures is “impacting competition, access to justice and negatively affecting consumers”, the Legal Services Board has claimed.
Tags: ABS, Alternative business structures, Legal Services Board, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news, Legal Services Board, Solicitors
ABS brings together conveyancing with estate agency and financial advice
Tuesday, 8 April 2014A solicitor has merged her law practice with the family estate agency and finance business in an alternative business structure that is thought to be the first in Cumbria.
Tags: ABS, Alternative business structures, financial services
Posted in Alternative business structures, Latest news, Market monitor
Quindell spending £150m a year on upfront case acquisition
Friday, 4 April 2014Alternative business structure Quindell plc is spending nearly £150m a year in upfront case acquisition costs, it has emerged. The AIM-listed group is also developing a “collaboration protocol” with insurers that will lead to the pre-payment of legal costs.
Tags: ABS, Alternative business structures
Posted in Alternative business structures, Latest news, Market monitor
Groundbreaking ABS embraces employee ownership and new approach to charging
Thursday, 3 April 2014A pioneering alternative business structure (ABS) has become one of the first legal practices to introduce employee ownership, while also developing a new form of billing that will see it agree a profit margin with clients, Legal Futures can reveal.
Tags: ABS, Alternative business structures, hourly billing
Posted in Finance, hrtraining, Latest news, Market monitor
FTSE-250 wealth manager awarded ABS licence
Thursday, 3 April 2014A FTSE-250 wealth management company is to launch an alternative business structure (ABS), it has emerged. The ABS is owned by Rathbone Brothers plc, a venerable City institution whose origins date back to 1742.
Tags: ABS, Alternative business structures
Posted in Alternative business structures, Latest news, Market monitor
SRA unveils plans to encourage multi-disciplinary ABSs
Wednesday, 2 April 2014“Radical changes” to the authorisation and supervision of alternative business structures are on the cards after the Solicitors Regulation Authority expressed concern that the number of applications from multi-disciplinary practices has been “in the tens rather than hundreds”.
Tags: ABS, Alternative business structures, MDP, multi-disciplinary practice, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news, Solicitors
Multi-disciplinary ABS eyes law firm acquisitions
Tuesday, 1 April 2014A blue-chip wealth management company has set up an alternative business structure (ABS) to add legal to its mix of services, and is also eyeing up potential acquisitions to boost its client base.
Tags: ABS, Alternative business structures
Posted in Alternative business structures, Latest news, Market monitor
ABSs “have potential to challenge leading law firms”
Friday, 28 March 2014The involvement of big brands like BT and KPMG is evidence that alternative business structures have the resources and expertise to encroach on the work done by larger law firms, a top banker has predicted.
Tags: ABS, Alternative business structures, mergers
Posted in Alternative business structures, Latest news, Market monitor
Blog
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.
ABSs, cost and audits – fixing regulation after Axiom Ince
A feature of law firm collapses and frauds has sometimes been the over-concentration of power in outdated and overburdened systems of control.
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