Alternative business structures
New York rejects ABSs for now as Arizona opens doors to them
Alternative business structures will not be allowed in New York for the time being because the case for them improving access to justice has not been made, a commission has decided.
SME firm eyes ABS licence to share fees with non-lawyer collaborators
A law firm that works with non-legal businesses to offer SME clients a multi-disciplinary service is to convert to an alternative business structure so that they can share fees.
QC and accountant set up ABS regulated by SRA
A commercial QC has taken the unusual step of setting up an alternative business structure with an accountant, in contrast with what he described as the “outmoded” chambers structure.
Teaching law firm “busier than ever” with pandemic caseload
The head of the first ‘teaching law firm’, Nottingham Law School’s Legal Advice Centre, has said it is “busier than ever” helping clients, many of whose problems are related to the pandemic.
Inward investment consultancy becomes ABS after “exponential growth”
A professional services consultancy specialising in advice to foreign businesses wanting to set up in the UK has become an alternative business structure after “exponential growth” in 2020.
Legal Services Act a decade on: Much to celebrate but much to do
There is “much to celebrate” from the first decade of the Legal Services Act but the basic legal needs of many citizens are still not being met, the Legal Services Board said today.
“Massively busy” ABS plans further growth
An alternative business structure which launched as a specialist conveyancing firm with three staff in March 2019 is aiming to hit 50 staff across a range of practice areas by the end of 2021.
ABS owned by insurance claims firm enters Australia
The alternative business structure owned by global insurance services firm Crawford & Company is expanding into Australia after buying up a leading defendant practice in the country.
Big Four giant signals ambition with City firm acquisition
Big Four firm Deloitte yesterday issued a statement of intent to the London legal market by announcing that it is to acquire leading technology and digital media law firm Kemp Little.
Exclusive: New ‘corporate’ chambers looks to shake up Bar
A family law barrister, together with the former chief executive of the Lawn Tennis Association, are looking to shake up the Bar by adopting a corporate structure for their new chambers.