Tag Results
Exclusive: not-for-profit venture capitalists poised to invest in law firm start-up
Wednesday, 12 June 2013A not-for-profit venture capital business that promotes innovation is set to invest in a start-up law firm targeting the technology sector, Legal Futures can reveal. The unusually named Atypical Law Firm will this week submit its ABS application.
Tags: ABS, Alternative business structures
Posted in Alternative business structures, Latest news, Market monitor
Chambers becomes first ABS licensed by the SRA without a solicitor
Tuesday, 11 June 2013A London chambers has become the first alternative business structure licensed by the Solicitors Regulation Authority that does not have any solicitors. Richmond Chambers LLP is a niche immigration set that focuses on direct access work.
Tags: ABS, Alternative business structures, direct access, public access, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news, Market monitor
Law firm attached to new insurance business gains ABS licence
Thursday, 6 June 2013A new insurance business that will also offer wills, probate and family law services is set to go live after its law firm received an alternative business structure licence. It is the first insurance/law firm tie-up that does not involve personal injury claims.
Tags: ABS, Alternative business structures
Posted in Alternative business structures, Latest news, Market monitor
Deloitte warns government: ABSs are not the solution to criminal legal aid reform
Wednesday, 5 June 2013The viability of using alternative business structures as a means to offer criminal legal services under the government’s price competitive tendering scheme is questionable, a report by consultants Deloitte has warned.
Tags: ABS, Alternative business structures, legal aid, price competitive tendering
Posted in Alternative business structures, Latest news
AIM-listed conveyancing business set to become first ABS casualty
Monday, 3 June 2013In-deed Online plc – the first listed company to buy a law firm – is now set to become the first alternative business structure (ABS) casualty after announcing plans to sell the practice back to one of its founders along with the rest of the online conveyancing company’s business.
Tags: ABS, Alternative business structures, conveyancing, Council for Licensed Conveyancers
Posted in Alternative business structures, Latest news, Market monitor, Other lawyers
Is that it for ABSs?
Monday, 3 June 2013There will be plenty of lawyers crowing over the failure of In-Deed Online. Expect a lot of “I told you so-ing”. It will be used as evidence that alternative business structures (ABSs) are flawed and that the much-heralded change in the legal market will prove to be a bust. But I wouldn’t be so quick to jump to those conclusions.
Tags: ABS, Alternative business structures
Posted in Blog
Here come the Meerkats as BGL Group acquires Minster Law in biggest law firm sale
Friday, 31 May 2013Meerkats entered the law today as BGL Group – one of the UK’s leading insurance intermediaries and owner of the comparethemarket.com website – received its alternative business structure licence to acquire Yorkshire personal injury law firm Minster Law.
Tags: ABS, Alternative business structures
Posted in Alternative business structures, Latest news, Market monitor
Legal arm of publicly quoted HR consultancy gains ABS licence
Friday, 31 May 2013The legal arm of a publicly quoted human resource consultancy boasting global blue-chip clients has been granted an alternative business structure (ABS) licence. 3HR plc offers Asian multinational companies an outsourced employment business support service
Tags: ABS, Alternative business structures
Posted in Alternative business structures, Latest news, Market monitor
LSB warns Bar regulator that it has big hurdles to jump to regulate ABSs
Thursday, 30 May 2013The Bar Standards Board will be unable to regulate alternative business structures effectively until it learns more about users of barristers’ services and undergoes “significant cultural change”, according to the Legal Services Board.
Tags: ABS, Alternative business structures, bar standards board, Legal Services Board
Posted in Barristers, Latest news, Legal Services Board
Wealth management company receives ABS green light
Wednesday, 29 May 2013An alternative business structure (ABS) that aims to offer fixed-price legal services to the sports and media star clients of a wealth management group, is poised to open its doors. BlackStar Legal is associated with BlackStar Group.
Tags: ABS, Alternative business structures
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.
Reports
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