Alternative business structures

Listed law firm launches litigation funding subsidiary

18 September 2018

City law firm Rosenblatt has launched a standalone litigation funding business with an initial £2m cash injection from the money it raised from its stock exchange listing in May.

Co-op: We’re now the UK’s largest probate provider

14 September 2018

The Co-op has declared itself the largest provider of probate services in the UK as its financials continue to improve. Legal services turnover in the first half of 2018 was up 31% and profits quadrupled.

Simpson Millar unveils £50m plan to become leading consumer legal brand

14 September 2018

Simpson Millar has unveiled a five-year £50m growth strategy to become one of a handful of consumer legal brands, starting with the acquisition of Liverpool practice EAD Solicitors.

Revealed: US firm fast-tracks UK launch using ABS’s platform

10 September 2018

A US class action law firm has used a new platform created by an alternative business structure to fast-track its UK launch, Legal Futures can reveal.

Swiss firm seeks Brexit benefits with ABS launch

4 September 2018

A Swiss law firm that specialises in arbitration work has received an alternative business structure licence to open up in London.

Bank backing for listed firm’s acquisition ambitions

16 August 2018

Knights Group – the Staffordshire-based law firm that listed in June – has secured bank funding to support its strategy to complete at least three acquisitions by April 2020.

EY plots huge global expansion for Riverview

14 August 2018

Riverview Law is set for a huge global expansion over the next five years once EY completes its acquisition, the partner who is to head the new business has said.

PE-backed firm unveils first-ever merger in growth push

10 August 2018

Setfords – the consultant-led law firm with private equity backing – has secured its first-ever merger as it targets firms to speed up growth.

LegalZoom secures “largest ever investment in law”

2 August 2018

LegalZoom, the US-based online legal services provider that owns an ABS, has received a $500m investment – believed to be the largest ever in the legal world.

California considers leading way in US on non-lawyer owners

30 July 2018

The State Bar of California has been urged to take the lead in the US in allowing non-lawyers to invest in and own law firms. It has agreed to set up a task force to investigate.

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11 September 2018

Legal marketing lessons from Ed Sheeran

Anyone starting a new law firm or starting out on their legal career could take several lessons from Ed Sheeran’s approach to promoting himself.

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