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.

Fixed fees play major role in client satisfaction, survey finds

Newly listed Australian law firm plans to follow Slater & Gordon to UK

Solicitors’ support for OFR crashes