Tag Results
‘Click and collect’ law firm eyes major expansion after ABS licence award
Wednesday, 24 April 2013A law firm offering ‘click and collect’ legal services plans to double in size after securing its alternative business structure licence. Leeds firm Winston Solicitors originated as an online-only legal practice from managing partner Jonathan Winston’s spare room 10 years ago.
Tags: ABS, Alternative business structures
Posted in Alternative business structures, Latest news, Market monitor
SRA set to relax rules on non-material breaches as nearly 1,000 firms face COLP/COFA action
Wednesday, 24 April 2013Requiring all 10,000 law firms to report non-material breaches to the Solicitors Regulation Authority is “unsustainable and cannot be justified”, the regulator’s board will be told today. Meanwhile, the number of firms and individuals facing action over COLP/COFA nomination failures has risen to 928.
Tags: ABS, Alternative business structures, COFA, COLP, compliance officer for finance and administration, compliance officer for legal practice, Legal Services Act, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news, Solicitors
Mortimer takes helm at legal expenses insurer's ABS
Monday, 22 April 2013Kathryn Mortimer, head of legal services for the DAS UK Group, has been named managing director of its new law firm, DAS Law. DAS Law was created after the legal expenses insurer was granted an alternative business structure licence.
Tags: ABS, Alternative business structures
Posted in Alternative business structures, Latest news, Market monitor
SRA plans for ABS fining guidance branded “premature”
Monday, 22 April 2013Solicitors Regulation Authority (SRA) plans to issue guidance on the financial penalties it will impose on alternative business structures (ABSs) and those working in them are premature, the Law Society has claimed.
Tags: ABS, Alternative business structures, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news, Solicitors
Regulator will be “under close scrutiny” with growth of insurer ABSs
Friday, 19 April 2013There will be close scrutiny on the Solicitors Regulation Authority to ensure that alternative business structures (ABSs) tying insurers and solicitors together prioritise their duties to injured people, the regulator was warned yesterday.
Tags: ABS, Alternative business structures, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news, Solicitors
Strong consumer interest in legal services from brands
Wednesday, 17 April 2013A majority of consumers would consider buying legal services from big brands, but publicity around alternative business structures and new ways to access the law over the past two years has not increased their appetite, research has indicated.
Tags: ABS, Alternative business structures
Posted in Alternative business structures, Latest news, Market monitor
Council for Licensed Conveyancers: regulatory ambitions stretch well beyond conveyancers
Tuesday, 16 April 2013The Council for Licensed Conveyancers (CLC) has confirmed it will again attempt to extend the scope of services it regulates later this year and fired the opening shot of a campaign to issue licenses to individuals who are not conveyancers.
Tags: ABS, Alternative business structures, Council for Licensed Conveyancers, probate
Posted in Alternative business structures, Latest news, Other lawyers
Solicitor and barrister join forces to set up construction ABS
Friday, 12 April 2013A solicitor and a barrister have joined forces in a start-up alternative business structure (ABS) that will service construction sector clients and has ambitions to employ a range of professionals associated with the building industry.
Tags: ABS, Alternative business structures
Posted in Alternative business structures, Latest news, Market monitor
Act now over ABSs or risk losing out, law firm warns insurance industry
Friday, 12 April 2013A personal injury law firm has urged those in the insurance industry to wake up to the changes in the legal market and consider whether alternative business structures (ABSs) and other arrangements with lawyers offer them a lifeline.
Tags: ABS, Alternative business structures, personal injury
Posted in Latest news, Market monitor
Sheffield PI firm launches trio of ABSs as first accident management ABS secures broker deal
Thursday, 11 April 2013Personal injury firm Proddow Mackay has launched three alternative business structure (ABS) joint ventures in a bid to change strategy following the referral fee ban as Vamco, the first accident management company to become an ABS, has signed a deal with a large broker.
Tags: ABS, Alternative business structures, personal injury
Posted in Alternative business structures, Latest news, Market monitor