Market monitor
Innovative flight claims practice completes 10,000th case in less than two years
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
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
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
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
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
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
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
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
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
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.
Blog
Why law firms are getting AI supervision wrong
The profession’s response to AI supervision failures misunderstands the nature of LLM output – there needs to be for a shift in the culture.
Beyond the PII premium – rethinking risk
Professional indemnity insurance renewal is often treated as an annual pricing exercise. But it is also a chance to show how effectively you identify, manage and mitigate risk.
The AI governance gap in law firms and why it matters now
A third of law firms are already using AI tools with no formal policy in place to govern how AI gets used, what data goes into it, or who’s accountable when something goes wrong.
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