All Alternative business structures articles – Page 15
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NewsShare price tumbles as listed company increases debt by £10m
Fairpoint profits drop slightly in first half of this year.
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NewsClients will choose MDPs over traditional firms, PwC Legal chief predicts
Shirley Brookes says multi-disciplinary practices will become more common.
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NewsBar takes next step towards ABS licensing
Regulator tenders for intervention agents ahead of formal approval as licensing body.
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NewsSME adviser branches into legal services
Leonard Curtis Legal to offer fixed fees ‘wherever possible’.
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NewsKent legal chief aims high with new ABS
Geoff Wild says new company, wholly owned by Kent County Council, is hoping for SRA approval by November.
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NewsSlater and Gordon UK legal business loses £37m
Listed Australian company now more reliant than ever on revenue generated in the UK.
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OpinionLaw firms and the John Lewis-style model
How can firms reconcile a profit-sharing model with the traditional partnership?
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NewsProfits down as ABS pioneer Irwin Mitchell completes merger
National firm reports 8.2% rise in turnover in 'transformational' year.
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NewsABSs in Scotland – rarer than Nessie
It’s nearly six years since the Scottish Parliament sanctioned the introduction of new business models north of the border. The profession is still waiting.
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NewsNothing inherently riskier about ABS, says super regulator
Legal Services Board keen on government proposals for deregulation of alternative business structures.
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OpinionA UK centre for legal innovation?
The American Bar Association’s final report on the future of legal services raises some questions for us too.
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NewsUS kicks wider adoption of ABSs into long grass
American Bar Association says non-lawyer ownership is an opportunity, but wants more research.
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NewsSociety gives qualified backing to ABS reforms
Traditional firms and ABSs must operate on level playing field, says Chancery Lane.
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NewsBar ‘entities’ flop – so fees under review
Bar Standards Board expected 400 applications from lawyers hoping to incorporate into single-person ‘entities’. There were just 46.
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OpinionABSs are no threat, so why treat them differently?
Non-lawyers must pledge to promote access to justice. That’s ridiculous.
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NewsAccountancy firms set for further expansion into legal market
Institute of Chartered Accountants in England and Wales applies to become an approved regulator of five reserved activities.
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NewsAccident helpline group admits PI numbers falling as reforms loom
Group says it has contingency plans for the PI reforms and will be ‘well positioned’ to adjust to any changes.
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NewsCompetition watchdog rules out full investigation of legal services
Markets authority wants more transparency on price and quality – but found no evidence that current regulatory framework inhibits competition.
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NewsMoJ seeks to pave way for new wave of ABSs
‘In practice, ABS businesses have not been shown to attract any greater regulatory risk than traditional law firms’ – justice minister Lord Faulks.
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NewsParabis directors blameless as creditor dividend slashed
Total owed to unsecured creditors has soared to £114m – they will get back just 1p in the pound.