Tag Results
60% of people would buy legal advice from brands like Barclays, AA, Co-op and Virgin
Tuesday, 8 March 2011Three in five consumers would consider buying legal services from a range of consumer brands, a major piece of market research from YouGov has revealed. The work also found low recognition of any current legal brands, while a third of consumers said they would be attracted by online legal services.
Tags: ABS, Alternative business structures, Co-op, QualitySolicitors
Posted in Alternative business structures, Market monitor, News
News in brief: larger firms cool on ABS, LPO boost, women suffer on pay and more
Tuesday, 8 March 2011Our latest round-up of other news of interest to Legal Futures readers includes a survey of among larger firms about ABS intentions, a lay majority on the BSB, women lawyers convinced male colleagues are paid more, good news for a big LPO provider and much more.
Tags: ABS, Alternative business structures, bar standards board, equality and diversity, internal governance rules, legal process outsourcing, Legal Services Board, Legal Services Consumer Panel, LPO, professional indemnity insurance, Scotland, Technology
Posted in Barristers, Market monitor, News, News In Brief, Outsourcing, Solicitors
SRA: impact of ABSs on small firms may not be as bad as feared
Monday, 7 March 2011Alternative business structures (ABSs) “may not be as big a threat” to small firms as some fear, the Solicitors Regulation Authority (SRA) has suggested. A draft impact assessment also argued that ABSs could help equality and diversity in the legal profession by breaking the traditional partnership model that has held it back.
Tags: ABS, Alternative business structures, equality and diversity, Solicitors Regulation Authority
Posted in Alternative business structures, News, Solicitors
Better the ABS devil you know?
Thursday, 3 March 2011“Better the devil you know” is the phrase I keep hearing on the subject of whether the Law Society council will approve the Solicitors Regulation Authority’s application to become an alternative business structure licensing authority.
Tags: ABS, Alternative business structures, Law Society, Legal Services Act, Legal Services Board, Solicitors Regulation Authority
Posted in Blog
SRA will reject restrictions on its ability to regulate ABSs, says Townsend
Wednesday, 2 March 2011The Solicitors Regulation Authority will rebuff any efforts to restrict its ability to regulate alternative business structures (ABSs) that are 100% owned by non-lawyers, its chief executive has said. There are suggestions of a compromise on its ABS licensing application that would mean the SRA not regulating ABSs that are wholly externally owned, at least initially.
Tags: ABS, Alternative business structures, Law Society, Legal Services Act, Legal Services Board, Solicitors Regulation Authority
Posted in Alternative business structures, Legal Services Board, News, Solicitors
Board hikes maximum ABS fine to £250m
Tuesday, 1 March 2011The maximum fine for misdemeanours by alternative business structures should be £250m, the Legal Services Board has decided, having considered the amounts of money made by some law firms out of miners’ compensation claims.
Tags: ABS, Alternative business structures, Legal Services Act, Legal Services Board, Solicitors Regulation Authority
Posted in Alternative business structures, Legal Services Board, News
Claims company reveals plan to become ABS
Monday, 28 February 2011A car accident claims manager has revealed its intention to become an alternative business structure, Legal Futures can report. Hampshire-based Vamco, which specialises in repair management and credit hire, is planning to take over a branch office of Nesbit Law Group, which is currently located in the same building under the name Kingsley Law.
Tags: ABS, Alternative business structures, claims management companies
Posted in Alternative business structures, Market monitor, News, Solicitors
Appeals decision threatens prospect of SRA becoming an ABS licensing authority
Sunday, 27 February 2011The Legal Services Board is pressing ahead with plans to make the new regulatory chamber of the First-tier Tribunal the sole venue for appeals against decisions made over ABSs, despite strong objections from solicitors. It is a move that could damage hopes that the Law Society council will next month approve the Solicitors Regulation Authority’s application to become an ABS licensing authority.
Tags: ABS, Alternative business structures, Law Society, Legal Services Board
Posted in Alternative business structures, Legal Services Board, News, Solicitors
Davies & Gribbin prepares for the future with Proclaim
Friday, 25 February 2011Lancashire law firm Davies & Gribbin Solicitors has selected the Proclaim Practice Management software solution from Legal Futures Associate Eclipse for firm-wide rollout.
Tags: ABS, Alternative business structures, Technology
Posted in Technology
SOS Connect helps Attwells focus on customer care
Friday, 25 February 2011Whether catering for high end clients from its office in St John’s Wood, north London, or serving the needs of the wider population from its Ipswich base, Attwells Solicitors LLP is determined to provide a modern, efficient service with the focus centred on customer care.
Tags: ABS, Alternative business structures, Technology
Posted in Technology