Latest News
Exclusive: well-known PI firm unveils new post-LASPO ABS model
Well-known personal injury law firm Gorman Hamilton has launched a twin-track approach to life after LASPO, part of which has been to form an alternative business structure (ABS) in which a credit hire company has a minority stake.
Massive unmet legal need among small businesses, landmark research finds
Legal problems are costing small businesses in England and Wales £100bn a year, with fears over the cost of legal advice meaning they are far more likely to go it alone than seek help, authoritative new research from the Legal Services Board has found.
Underwood: Co-op and Quindell will fail as public turns against “big faceless institutions”
Big legal businesses such as Co-operative Legal Services and Quindell “will all fail”, according to leading alternative business structure (ABS) critic Kerry Underwood. However, he welcomed the possibilities opened up by external capital for existing legal practices.
Reform uncertainty forces new criminal law ABS to put external investment thoughts on hold
Plans to grow a criminal legal aid firm that has just received its alternative business structure licence – potentially through external investment – are on hold pending the outcome of the government’s current reform plans, according to its head of legal.
Legal Futures Blog
Where are all the consumer ABSs?
Cracking the non-PI consumer legal market could be the biggest prize yet. So why, asks Simon Goldhill of Legal Futures Associate Simon Goldhill Consultancy, is everyone looking the other way?
Law is big business. According to the latest government figures, the UK market generates over £26bn per annum. Recent analyses suggest that just under half of that comes from the business and commercial sector. Of the rest, £3.5bn relates to personal injury (PI) and £1.5bn to crime. That means that the non-PI consumer legal market in the UK is worth around £8bn per annum. This is equivalent to the entire 2012 turnover of the UK’s creative, arts and entertainment services industry.
Associate News
Brethertons Solicitors Signs with Peppermint to Support Continued Growth
Legal Eye launches new product for Sole Practitioners
Small world, big opportunities
Moneypenny and Legal Eye warn failing to answer or return phone calls could result in a reportable breach
Legal duo bolsters mmadigital
Ochresoft launch looking to support under-pressure private client teams
SearchFlow announces new ‘Your Area, Your Risk’ seminar dates








