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Stock exchange investment “needed to bring down law firm costs”
Friday, 19 May 2017Increasingly demanding business clients and the need to raise capital to invest in technology to bring legal costs down will eventually lead to more commercial law firms listing on stock exchanges, according to a senior corporate adviser. He said listing offered a number of advantages.
Tags: external capital, investment
Posted in Latest news, Market monitor
Survey: strong interest in MDPs and external capital among big firms
Monday, 25 February 2013There is strong interest among the UK’s largest law firms in joining forces with a non-legal practice in the next two years, while several are also looking at external capital, according to new research.
Tags: ABS, Alternative business structures, external capital, MDP, multi-disciplinary practice
Posted in Latest news, Market monitor
Top north-west firm targets external investment after ABS licence provides platform to expand
Thursday, 3 January 2013Leading north-west firm Stephensons is seeking external investment as part of its plans to expand beyond the region after receiving its alternative business structure licence from the Solicitors Regulation Authority. Other new licencees include a firm looking at MDPs and one mulling trade union tie-ups.
Tags: ABS, Alternative business structures, external capital, external investment
Posted in Alternative business structures, Latest news, Legal Services Act
Irwin Mitchell set for external capital after receiving ABS licence
Monday, 20 August 2012Irwin Mitchell has today become the largest law firm to become an alternative business structure and also received the first ‘multiple’ licences. In April 2011 the firm became the first to state its intention to seek external capital.
Tags: ABS, external capital
Posted in Alternative business structures, Latest news, Market monitor
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The rise of the agent
We believe AI agents are going to represent the biggest change to the way in which the general public interact with professional services business for generations.
The lonely role of a COFA: sharing the burden of risk management
Compliance officers for finance and administration in law firms can often find themselves walking a solitary path. But what if we could create a collaborative culture of shared accountability?
Mind the (justice) gap: Why are RTAs going up but claims still down?
The gap between the number of road traffic accident injuries and the number of motor injury claims continues to widen, according to the latest government data.
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