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Exclusive: Law firm launches ABS with investment from accountants

A West country agricultural law specialist firm has launched an alternative business structure with financial backing from a firm of accountants, with the aim of growing the practice five-fold. Rubric Law took external investment from Moore Scarrott, which is one of the largest veterinary accountancy practices in the UK.

October 11th, 2016 | No Comments »

ABS moves to fill “gap in market” for law firms in advisory services

A solicitor-led investment consultancy has sought an alternative business structure licence as part of its plan to expand and exploit what it called a “gap in the market” for lawyers in advisory services. It has two solicitor partners and until now offered unreserved legal activities.

October 7th, 2016 | No Comments »

Debt collection ABS pledges to undertake “genuine” no-win, no-fee

A debt collection agency has launched an alternative business structure promising to offer “genuine” conditional fee deals in an industry where it accused solicitors of being unwilling in reality to take the rough with the smooth.

September 8th, 2016 | No Comments »

Niche ABS goes public ahead of market listing “in three or four years”

A niche health and social care alternative business structure has incorporated as a public limited company as a prelude to a future expansion and stock exchange listing. Ridouts Solicitors has no immediate plans to become a listed company but was getting it “ducks in a row” so as to be ready for when it happens.

September 1st, 2016 | No Comments »

Pioneering council ABSs join forces to create biggest local authority legal team

The first local authority alternative business structure to be given a licence by the Solicitors Regulation Authority has been taken over by the second. Lawyers at Buckinghamshire County Council have joined HB Public Law, making it the largest local authority legal team in the country.

July 15th, 2016 | No Comments »

SRA bans paralegal and trainee from working for law firms

The Solicitors Regulation Authority has banned a paralegal at an alternative business structure and a trainee solicitor at former Hull firm Ward Legal from working for law firms. The SRA said the paralegal sent e-mails to his partner at another law firm making comments that “failed to encourage equality of opportunity and respect for diversity”.

July 7th, 2016 | No Comments »

Former big firm managing partners opt for ABS

A Bath-based legal services business run by two former managing partners of large firms – Withy King and CMS Cameron McKenna – has obtained an alternative business structure licence to bring regulated legal work in-house. OmniaLegal describes itself as a “legal services co-operative with a difference”.

May 9th, 2016 | No Comments »

Barristers’ chambers launches ABS to expand military law services

A leading criminal defence set that set up an alternative business structure last year has launched a military law practice that has clients being investigated by the Ministry of Defence-funded Iraq Historic Allegations Team.

February 12th, 2016 | No Comments »

Online pioneer embraces ABS “to reassure SME clients”

A pioneering online legal business aimed at SMEs has obtained an alternative business structure licence to reassure clients nervous of engaging with internet-based legal advice services that it is also a regulated law firm.

December 11th, 2015 | No Comments »

Law firm and charity joint ABS “changing behaviours” in spinal injury cases

On its first anniversary, Aspire Law, a unique alternative business structure set up by Hampshire solicitors Moore Blatch and national spinal injury charity Aspire, has good reason to be cheerful. Twelve months on, the joint venture has grown to the point where it is challenging established players in this niche part of the serious injury market.

December 2nd, 2015 | No Comments »