All Alternative business structures articles – Page 30
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News
Tesco law is no big bang, but change is still on the horizon
I’ve never quite understood the obsession with celebrating new year’s eve. There’s an enormous build-up, endless boring chat about the future and a few party poppers. Then it’s over, with just dark wintry evenings and uncertainty to look forward to.
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US backs non-lawyer investment, but rejects ABSs
The US’s leading legal governance body has taken a step towards allowing non-lawyers to hold a financial stake in law firms, but is rejecting English-style alternative business structures.
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Blacklaws joins Co-operative in family law coup
The Co-operative Legal Services (CLS) is to offer a family law service spearheaded by leading family lawyers from London firm TV Edwards in the first move by a high street brand into the sector, the Gazette can reveal. Christina Blacklaws, Law Society council member for child care and TV Edwards ...
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Claims firms to become ‘advertising wing of ABSs’
Claims management companies have already agreed pre-contract deals with law firms to become alternative business structures (ABSs), according to their governing body.
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Bid to force ABS reform on US states
Final submissions will be made this week in a landmark legal action which experts believe could open up the US legal market to alternative business structures.
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Co-operative Legal Services' profits rise
The Co-operative Legal Services has seen its revenues increase by 22% and its profits rise by 3% during the first half of the year, the group’s interim financial results have revealed.
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LSB gives go ahead for barristers to manage ABSs
The Legal Services Board has approved the Bar Standards Board’s application for changes to the bar’s code of conduct to allow barristers to be managers or employees of alternative business structures. In April this year, the bar’s regulator took the decision that barristers should be permitted to work in the ...
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Wotton stresses ‘opportunity’ presented by ABSs
Law Society president John Wotton will today spell out his belief that alternative business structures can present a significant opportunity for the legal sector.
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The Co-operative is gearing up to become an ABS
The Solicitors Regulation Authority expressed its disappointment last week that the constraints of the parliamentary timetable mean it will not be able to begin licensing alternative business structures on 6 October, when the final provisions of the Legal Services Act 2007 come into force. But the regulator is not the ...
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Regulator to miss October deadline for ABSs
The Ministry of Justice has confirmed that the Solicitors Regulation Authority will miss its 6 October deadline for an ABS licence.
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SRA braced for ABS interest from abroad
The SRA has been told to prepare for increasing interest from non-English law firms following the introduction of alternative business structures.
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Co-Op legal services chief takes arrogant solicitors to task
Some practitioners still act as though they have an exclusive right to deliver legal services simply because they are solicitors - and are guilty of adopting an attitude that clients can take it or leave it, the head of Co-Operative Legal Services claimed this week. Managing director Eddie ...