Market monitor


Innovative flight claims practice completes 10,000th case in less than two years

27 January 2015

The innovative flight delay compensation claim practice launched by Cheshire alternative business structure Bott & Co nearly two years ago has just completed its 10,000th successful claim – and has a further 20,000 clients going through its system.


Quindell in talks to sell legal services arm to Slater & Gordon

23 January 2015

Alternative business structure Quindell is in talks to sell an operating division to Slater & Gordon, it was announced yesterday, while due diligence on personal injury file transfers is currently underway.


Gunnercooke-backed Ignition Law launches with start-ups and SMEs in its sights

22 January 2015

A new firm which aims to break the mould of advice to start-ups and SMEs by recruiting lawyers who run their own businesses has opened in London. It is operating as a trading name of ‘virtual firm’ gunnercooke


National Accident Helpline sees revenue and enquiries rise sharply

21 January 2015

AIM-listed National Accident Helpline plc (NAH) saw income rise by just over 10% in 2014 on the back of a significant increase in enquiries, it reported yesterday.


Quindell deputy chairman resigns post at Financial Reporting Council

20 January 2015

Jim Sutcliffe, appointed deputy chairman of alternative business structure Quindell earlier this month, has resigned from the board of the Financial Reporting Council.


High Court enforcement officers and niche property firm become latest ABSs

19 January 2015

A debt collection business has become an alternative business structure (ABS) and can now offer an end-to-end service that enables it to collect, litigate and enforce clients’ debt.


Lawyer-matching service targets major growth after cash injection

19 January 2015

A new lawyer-matching service aimed particularly at tech start-ups has secured £260,000 of funding from e-commerce funder Forward Partners and Jonathan McKay, chairman of JustGiving.


Experience counts: new private client firm to provide partner-only service

15 January 2015

A new firm formed by some of the country’s best-known private client lawyers is promising to provide high net-worth clients with a service provided only by “exceptionally knowledgeable” senior lawyers.


Printers’ ABS targets fixed-fee advice for SMEs

13 January 2015

The British Printing Industries Federation is aiming to meet the unmet need for legal advice in the sector, having finally revealed its plans for the alternative business structure licenced by the SRA some seven months ago.


Quindell on the up with hedge fund investment and heavyweight appointments

12 January 2015

Alternative business structure Quindell plc was finally on the up last week, with its share price soaring 58% in four days. And they were up a further 30% in early trading today after heavyweight figures were appointed to the board.

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AML lacks clarity – and standards are suffering

If firms are buckling under the pressure of AML regulations, subject to ever-increasing fines, then something is clearly not working as it should be.


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