Alternative business structures


Private investor helps fund litigation boutique launch

26 November 2019

A private investor has provided £1m in start-up funding for a Liverpool litigation boutique and alternative business structure specialising in complex and high-value commercial cases.


Co-operative Legal Services sees turnover and profit soar

15 November 2019

Co-operative Legal Services has recorded a 29% increase in turnover in its last financial year as it consolidates its position as the country’s largest probate provider.


Niche ABS takes on external funding and non-lawyers

11 November 2019

A niche alternative business structure working with companies that build the global infrastructure of technology has used it to take on external funding and non-lawyers who can help the business grow.


Boutique firm for funders combines legal and political advice

8 November 2019

A boutique law firm catering only for “sophisticated” capital funders is offering what is believed to be the first combined legal, commercial and political advisory service.


Communications giant hands over ABS to listed law firm

7 November 2019

Communications giant BT has handed over ownership of its alternative business structure to listed law firm DWF, it has emerged. Meanwhile, an Italian law firm has set up a BSB-regulated ABS.


Law firm EOT “gives staff security against sale”

5 November 2019

Transferring the ownership of law firms to employee ownership trusts (EOTs) boosts staff loyalty by giving them more security if the firm is sold, the chief executive of the latest firm to create an EOT has said.


Reed Smith looks to “future proof” practice as ABS

5 November 2019

The English arm of international law firm Reed Smith has become an alternative business structure as it looks to “future proof” its practice by offering non-legal services and hiring non-lawyer partners.


Exclusive: Top-40 accountancy firm launches ABS

23 October 2019

Top-40 accountancy firm Streets has become the latest to add legal services to its offering with an alternative business structure licence – making it only the seventh top-100 firm to do so.


New-model ABS brought down by cash-flow crisis

3 October 2019

A cash flow crisis that led to payments to its consultants being withheld and they then leaving as a result caused the collapse of new-model law firm Cubism Law, it has emerged.


ABS Carbon opens platform to own-brand start-ups

19 September 2019

A virtual firm alternative business structure aimed at top-end solicitors approaching retirement is white labelling entities to groups of lawyers or overseas practices looking to start up under their own brand.

← Older posts Page 2 of 108 Newer posts →

Blog

17 February 2020

Is the law still a man’s world?

The most recent figures show that women now make up a majority of practising solicitors, but I believe there is still a long way to go to establish the level of women in senior roles in law firms.

Read More

Loading animation