Alternative business structures

A pioneering alternative business structure specialising in space law and named after Neil Armstrong 50 years after he first stepped on the moon has gone live, Legal Futures can reveal.

An alternative business structure set up by an HR consultancy has launched a dedicated case management software tool aimed at integrating large company HR departments with its employment law offering.

The first alternative business structure licensed by the Bar Standards Board – a combination of barristers and football agents – has shut down, Legal Futures can reveal.

Eversheds Sutherland is to hive off three of its ‘alternative’ legal services teams into an alternative business structure, from which it will seek external investment to help more than double revenue to £100m.

The former head of operations at well-known media law firm Schillings has been banned from working for solicitors after reselling the firm’s used mobile phones and pocketing the proceeds.

An accountancy firm in Cornwall has set up an alternative business structure to provide will writing, trusts and power of attorney services – which it says is the first one-stop shop of its kind in the county.

A specialist litigation law firm with support from an external backer that means it can fund cases itself goes live today as an alternative business structure, Legal Futures can report.

A pioneering shared legal service providing advice to seven councils in the East Midlands is set to create the latest local authority alternative business structure.

The Co-operative – now the UK’s largest provider of probate – recorded a 37% rise in turnover from legal services in 2018, and a 53% jump in profit. Meanwhile, Ince Gordon Dadds has bought another firm.

Defendant law firm Plexus Law has secured a £15m investment from a private equity company that specialises in the services sector. Origin Equity has taken a minority shareholding.