Alternative business structures


ABSs in US move closer in wake of Covid-19

29 May 2020

The Utah Supreme Court is pressing ahead with plans to become the first US state to introduce ABSs, saying the Covid-19 crisis underscored the need for innovation in the legal market.


Class action firm splits from US partner as it targets Brazil

15 May 2020

A class action law firm that launched less than two years ago in conjunction with a specialist US practice is now going its own way as it targets bringing Latin American cases in London.


Exclusive: US legal giant sells its ABS to consolidator

24 April 2020

US legal services giant LegalZoom has sold the Yorkshire law firm it bought more than four years ago to consolidator Metamorph, Legal Futures can reveal.


New ABS targets ‘David and Goliath’ insurance disputes

7 April 2020

A start-up alternative business structure has been launched to bring City solicitor expertise to bear to help consumers and SMEs win disputes when insurers fail to honour their policies.


Huge growth at PI ABS but Leeds office put on ice

6 April 2020

Staff numbers at personal injury law firm Bond Turner grew by 65% last year but the listed company that owns it has put the firm’s expansion to Leeds on hold during the coronavirus crisis.


Exclusive: SRA to regulate National Accident Helpline

2 April 2020

National Accident Helpline is giving up its authorisation as a claims management company and will in future be overseen by the Solicitors Regulation Authority, Legal Futures can reveal.


Time for Scotland to embrace ABSs, says watchdog

25 March 2020

The Competition and Markets Authority has called for alternative business structures to be allowed in Scotland, and for a shift to the independent regulation of lawyers.


Arizona looks to become first US state to allow ABSs

19 March 2020

Arizona has become the first state in the US to formally seek the introduction of alternative business structures, it has emerged.


ABSs diversify to offer clients non-legal services

13 March 2020

Southern England commercial law firm EMW has made the first of what it says will be a series of acquisitions of specialist consultancies as it looks to diversify beyond legal work.


Sports ABS “ready to talk external investment”

9 March 2020

A boutique sports law firm that counts Premier League football players among its clients has become an alternative business structure and is ready to discuss external investment.

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Blog


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Reports


Report Cover
Our latest special report, produced in association with Temple Legal Protection, looks at the role of after-the-event (ATE) insurance in commercial litigation post-LASPO.

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