An international finance and technology law practice involved in the online gaming and electronic payments industries, has become an alternative business structure to help its plans to grow as a group and set up offices across the European Union.
A “specialist paralegal law firm” has launched an alternative business structure that hopes to become a full service high street law practice. Having an ABS will enable the firm to undertake reserved work such as signing off the deed for family trusts and deeds of variation, and applying to the court for grants of probate.
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.
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.
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.
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.
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.
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”.
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”.
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.