Tag Results
Exclusive: now it’s Stobart Solicitors as well after SRA grants ABS licence
Wednesday, 17 July 2013Famous logistics company Stobart Group now has a law firm to sit alongside its direct access barrister service, Legal Futures can reveal. The Solicitors Regulation Authority has granted an alternative business structure licence to One Legal Ltd, which was set up by the company.
Tags: ABS, Alternative business structures
Posted in Alternative business structures, Latest news, Market monitor
Direct Line outlines plan for ABS in partnership with Parabis
Tuesday, 16 July 2013Direct Line Insurance Group plc is to partner with alternative business structure Parabis Law to launch a wholly owned law firm, it announced yesterday. The insurer will offer a range of injury and non-injury services to existing and new customers.
Tags: ABS, Alternative business structures
Posted in Alternative business structures, Latest news, Market monitor
ABS to relinquish licence after acquisition
Tuesday, 16 July 2013A specialist public sector law firm is set to relinquish its alternative business structure licence after being acquired. London-based TPP Law has been bought by Geldards as part of the regional law firm’s bid to grow a national public services practice.
Tags: ABS, Alternative business structures
Posted in Alternative business structures, Latest news, Market monitor
Accountants become ABS to offer clients complete service
Monday, 15 July 2013An accountancy firm for contractors, freelancers and self-employed professionals has launched its own law firm as the “missing piece in the client service jigsaw”. Brookson Ltd – based in Warrington – is only the second firm of accountants to become an ABS.
Tags: ABS, Alternative business structures
Posted in Alternative business structures, Latest news, Market monitor
New entrants and ABSs “making inroads into market” through affinity deals
Friday, 12 July 2013New entrants and alternative business structures have made their mark on the consumer legal services market by striking major affinity and partnership deals to win new business, according to an in-depth study of distribution relationships in place for legal services in the UK.
Tags: ABS, Alternative business structures
Posted in Alternative business structures, Latest news, Market monitor
First ABS start-up reports strong first year with barrister-only model
Wednesday, 10 July 2013The first start-up alternative business structure (ABS) – offering clients ‘early access’ to barristers – has smashed expectations in its first year and aims to be turning over £500,000 in the next 12 months.
Tags: ABS, Alternative business structures
Posted in Alternative business structures, Latest news, Market monitor
Innovative ABS to package up legal services for financial advisers
Tuesday, 9 July 2013A newly established alternative business structure (ABS) set up by two lawyers and a wealth management expert is set to package up legal advice for financial advisers to provide to their customers.
Tags: ABS, Alternative business structures
Posted in Alternative business structures, Latest news, Market monitor
Surveyors claim ABS first while private equity-backed firm builds multi-disciplinary practice
Monday, 8 July 2013A London firm of chartered surveyors has become an alternative business structure (ABS) with plans for a legal arm, in what is believed to be the first venture of its kind. Meanwhile, private equity-backed ABS Knights Solicitors has hired six planners as it builds a multi-disciplinary offering
Tags: ABS, Alternative business structures
Posted in Alternative business structures, Latest news, Market monitor
Exclusive: swathe of personal injury firms reports reduced income since LASPO
Friday, 5 July 2013Almost a third of personal injury law firms in the north-west have seen fee income drop due to the introduction of LASPO reforms on 1 April, new research has found. More than 70% said that the regulatory and structural changes have had a negative impact on their businesses.
Tags: ABS, Alternative business structures, personal injury, referral fees
Posted in Latest news, Market monitor
ABS pressures put 2,500 law firms “at risk of failure”
Thursday, 4 July 2013Competition from alternative business structures (ABSs) has increased pressure on law firms to the point that 2,500 are at risk of financial failure in the coming year, according to business recovery specialists.
Tags: ABS, Alternative business structures
Posted in Alternative business structures, Latest news
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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