Alternative business structures
The legal textbook publisher that’s now a law firm
Jordans – the business known for company formation services and publishing legal textbooks – now has a corporate law firm after receiving its alternative business structure licence.
NAH teams up with top insurer as PI firm unveils trio of ABSs
Minster Law – the major claimant practice now owned by insurance group BGL – has joined top personal injury marketing business National Accident Helpline (NAH), becoming its largest panel member.
ABS licence allows Devon accountants to add legal service
A firm of accountants in Devon has become only the third to launch a legal arm after winning an alternative business structure licence. Davisons Legal Services began trading last week, with former City lawyer Philip Vickery as its head of legal practice.
PE-fuelled Winns targets expansion after “nightmare” ABS process
Winn Solicitors – the firm which was last week bought by two private equity businesses – now has the firepower to expand beyond its core road traffic practice, founder Jeff Winn has told Legal Futures.
From celebrity lawyers to reputation defence business – ABS completes transformation
Well-known London law firm Schillings – which was granted two alternative business structure licences in March – has relaunched as a business that integrates IT security, legal advice and risk consulting to help companies and individuals protect their reputations.
AIM-listed ABS eyes future benefits after law firm acquisition dents profits
Lewis Hymanson Small – the law firm bought by AIM-listed Abbey Protection earlier this year – made a small dent in the company’s profits during a “tough” initial period, Abbey’s half-year results have shown. They also lay out how much it paid for the Manchester practice.
Private equity pair take majority stake in leading PI firm
Winn Solicitors – which has grown in a decade from nothing to a highly profitable £40m volume claimant personal injury firm – is set for further expansion after being bought by two international investment companies.
Leading ABSs take next steps forward
Slater & Gordon has now formally acquired personal injury firm Goodmans, giving the alternative business structure (ABS) a Liverpool base for the first time. Meanwhile, Co-operative Legal Services has launched its academy to offer career progression to all staff.
The doctor will see you now – niche medical law firm plans post-ABS expansion
A niche medical law firm has become an alternative business structure with the ambition of becoming a one-stop shop for healthcare providers. DR Solicitors was created under a brand designed to appeal to its primary care doctor, dentist and consultant clients.
AIM-listed accident management company launches ABS
Leading AIM-listed accident management company Helphire Group has linked with a start-up personal injury law firm within an alternative business structure, Legal Futures can reveal. Principia Law Limited is managed by solicitors and barristers.
Blog
The new leaders of law
Where once many law firm owners remained technology sceptics, a growing number are now shaped by leaders who are digitally fluent and commercially oriented.
Managing lock-up, cash flow and billing inefficiencies better
If law firms view lock-up, cash flow and billing processes as key indicators of financial performance – and therefore risk – they can identify problems early.
Ethical standards to protect the public
The recent BBC Panorama episode on solicitors acting for the Post Office highlighted how some lawyers can lose sight of their role to uphold the rule of law and the public interest.
