Tag Results
Law firm spin-off becomes ABS
Tuesday, 1 October 2013A law firm spin-off which helps insolvency practitioners to process financial mis-selling claims against financial institutions, has been granted an alternative business structure (ABS) licence.
Tags: ABS, Alternative business structures
Posted in Alternative business structures, Latest news, Market monitor
Manchester firm ties up joint venture with insurer as law centres win ABS exemption extension
Friday, 27 September 2013A Manchester law firm has launched a joint venture alternative business structure (ABS) with one of its major insurer clients. Meanwhile, the transitional exemption from ABS licensing currently afforded to not-for-profit organisations has been extended indefinitely.
Tags: ABS, Alternative business structures, Intellectual Property Regulation Board, IPReg, legal disciplinary practice, Legal Services Board
Posted in Alternative business structures, Latest news, Legal Services Board, Market monitor, Other lawyers
Brilliant Law closes multi-million pound funding round
Tuesday, 24 September 2013Brilliant Law, the alternative business structure that was set up with investment from BetFair founder Bert Black, has just received a further seven-figure cash injection. One of the new investors, lawyer turned investment banker Jag Mundi, has also joined as a non-executive director.
Tags: ABS, Alternative business structures, external investment
Posted in Alternative business structures, Latest news, Market monitor
ABS bids to leverage clients’ trust of solicitors to expand into non-legal services
Monday, 23 September 2013The trust that solicitors engender among their clients should be leveraged, with other services operating under legal professionals’ banner within alternative business structures, according to the head of one of the newest ABSs.
Tags: ABS, Alternative business structures
Posted in Alternative business structures, Latest news, Market monitor
LSB chair calls on Law Society and SRA to stop “spats”
Friday, 20 September 2013The chairman of the Legal Services Board has criticised the “continuing spats” between the Law Society and Solicitors Regulation Authority. David Edmonds also praised the improvements made by the SRA to the process for licensing alternative business structures.
Tags: ABS, Alternative business structures, Law Society, Legal Services Act, Legal Services Board, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news, Legal Services Board, Solicitors
‘ABS to the shires’ targets membership worth £13bn
Thursday, 19 September 2013An alternative business structure with access to clients with assets of more than £13bn has been launched by the Country Gentlemen’s Association, whose members who are mainly landowners, farmers, and retired military personnel.
Tags: ABS, Alternative business structures
Posted in Alternative business structures, Latest news, Market monitor
Capita gears up for further expansion after Optima acquisition
Tuesday, 17 September 2013Capita, the outsourcing giant that yesterday announced plans to buy a law firm, remains on the acquisition trail and is also looking for a top-20 law firm to partner with, Legal Futures can report.
Tags: ABS, Alternative business structures, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news, Market monitor
Outsourcing giant enters market with Optima Legal acquisition
Monday, 16 September 2013Outsourcing giant Capita plc has reached a conditional agreement to acquire Optima Legal Services pending the grant of an alternative business structure licence.
Tags: ABS, Alternative business structures
Posted in Alternative business structures, Latest news, Market monitor
“Productive and innovative” ABSs beginning to make their mark, says LSB
Monday, 16 September 2013New business structures are more productive and innovative than traditional law firms, Legal Services Board research has found. It also said that alternative business structures are “starting to have an impact” on some parts of the market and collectively have a 5% market share.
Tags: ABS, Alternative business structures, Legal Services Board
Posted in Alternative business structures, Latest news, Legal Services Board, Market monitor
The legal textbook publisher that’s now a law firm
Thursday, 12 September 2013Jordans – the business known for company formation services and publishing legal textbooks – now has a corporate law firm after receiving its alternative business structure licence.
Tags: ABS, Alternative business structures, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news, Market monitor