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Regional practice becomes ABS to facilitate equity swap with Singapore firm

A law firm has acquired an alternative business structure licence to facilitate an equity swap, as part of its bid to integrate with a firm of Singapore lawyers and comply with restrictive local laws on ownership. A regulatory rule change in Singapore made it difficult for the branches of foreign firms to operate.

May 22nd, 2017 | No Comments »

Engineering consultancy launches ABS – but hopes to avoid competing with law firm clients

A leading provider of consultancy and expert witness services to the engineering sector has launched an alternative business structure (ABS) in a bid to add regulated legal services to its offering for corporate clients. The company is headed by the former senior partner of Wragge & Co.

May 11th, 2017 | No Comments »

ABS start-up led by CILEx Fellow bids for rapid growth

A chartered legal executive has launched a start-up alternative business structure specialising in personal injury but with ambitious plans for expansion into a variety of legal areas, including sports law.

April 19th, 2017 | No Comments »

ABS hopes to build up consumer brand covering 14 types of claim

A high street law firm has obtained an alternative business structure licence as part of a strategy to build up its Refund You website-based consumer brand, which covers 14 areas of claims, from personal injury and financial mis-selling to timeshares and cavity wall insulation.

March 10th, 2017 | 1 Comment »

Internationalist ABS sets sights on Middle East alliance

A boutique commercial firm with strong links to south-east Asia has become an alternative business structure as part of its growth plans, which include forming an alliance with several Middle East law firms.

December 16th, 2016 | No Comments »

Gibraltar-based law firm launches ABS and eyes external investment

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.

November 7th, 2016 | No Comments »

Paralegal law firm launches ABS targeting high street

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.

November 3rd, 2016 | No Comments »

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 »