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A new business that brings together a law firm with seven other service providers needed to manage a motor accident from collision to settlement has applied for alternative business structure status, Legal Futures can report.

Over-50s specialist Saga has today launched a new range of legal services which it claims aims to make the market “more straightforward in terms of charges, language and accessibility” – and has also applied for an alternative business structure licence.

A City-based law firm next week launches an alternative business structure (ABS) to offer employers a range of human resources consulting and ‘employee engagement’ services, integrated with its existing legal practice.

The operational end of the Solicitors Regulation Authority needs to keep pace with those at the top of the organisation who “embrace and encourage legal business innovation”, and not stymie the type of development the Legal Services Act is supposed to promote, the head of one of the major ABSs has said.

Lenders’ panel selection decisions, rather than alternative business structures (ABSs), are the main cloud hanging over the conveyancing industry, according to new research. Only a fifth are planning or considering becoming an ABS.