- In Practice
- In Business
- Moving On
Company service business takes ABS route
Friday 02 November 2012 by Maria Shahid
Legal Clarity, a Birmingham-based business offering drafting and company secretarial services to ‘accountants, solicitors and entrepreneurs’, is one of the latest batch of organisations to win approval as an alternative business structure (ABS).
It said registration, which became effective on 1 November, would allow it to broaden the scope of services offered from company secretarial to full company and commercial legal services.
Legal Clarity was founded in 2007 by James Quinn, formerly a lawyer at Slaughter and May and Eversheds. Quinn told the Gazette that registration as an ABS was a ‘big step up for the firm’, allowing it to offer reserved activities. Part of the equity in Legal Clarity is owned by a non-lawyer, which made it essential to register as an ABS, he said.
IT, Quinn added, is integral to the firm’s business plan, providing the means for it to keep costs down for its clients: ‘We leverage technology in any way we can.’
He went on to say that converting to an ABS would open new doors for his firm, allowing it to ‘compete on a level playing field’ with other law firms. The firm’s financial strategy is to grow organically, backed up by a ‘strong IT programming team’.
He refused to reveal the firm’s turnover.
- Poor will suffer from court fee changes, MoJ warned
- Overwhelming public backing for legal aid: poll
- Fight PI changes, says MASS chair
- Mass meeting of barristers takes a stand on QASA
- Pannone turns to fixed-price mediation post-Jackson
- Grayling asks for quality standard for PCT firms
- 7,000 lawyers to hit the streets for free legal advice
- French revolution
- ‘Google’ asylum refusals
- Pilot aims to limit clinical negligence solicitors’ fees
- Will-writing could still be regulated
- In-house growth accelerating
- Appeal Court applies Russian law in dispute
- Insurers to revamp third-party code
- Court interpreters reject new contract deal
- European data plan labelled ‘demented’
- Saudi Arabia accepts registration of female lawyer
- Don’t worry about Jackson fallout – judge
- North-west paralegal initiative
- Criminal legal aid cuts to reach £370m
- SRA’s popularity slips
- Traffic courts to be set up
- Economy 'testing access to justice'
- MoJ plans crackdown on ‘so-called’ experts
- Midlands ABS issues ‘join us’ offer to insurers
- Law Society Excellence Awards now open for nomination
- Desperate PI firms breaking referral fee ban – AXA chief
- Jurors ‘confused’ on new media contempt
- End-to-end negligence defence practice sets up as ABS