Legal Services Act

Slater & Gordon has announced UK revenues of just over £100m for its last financial year, and indicated that further acquisitions are to come in the coming 12 months.

The Solicitors Regulation Authority has finally licensed the first local authority alternative business structure (ABS), after approving the collaborative law firm set up by two Buckinghamshire local authority legal teams, Legal Futures can reveal.

The Legal Services Board (LSB) has extended by up to two months the time it can take to decide whether to approve a cut in the minimum indemnity limit for law firms.

Alternative business structure Quindell plc sought to halt yet another run on its shares yesterday by issuing its second trading update in little over three weeks.

There are now more than 300 alternative business structures (ABS) operating in England and Wales under the supervision of the Solicitors Regulation Authority.

A young solicitor entrepreneur is seeking crowdfunding for an online documents business that will offer instant contracts via a mobile app and alert customers by e-mail to relevant law changes.

Irwin Mitchell has announced the launch of an alternative business structure (ABS) with online insurer esure, called IMe Law. The move is the latest in a series of ABS deals between insurers and law firms.

The Canadian futurologist who wrote a key report on ‘agile working’ in the legal profession, has issued a blueprint for law firm associates who aim to strike out on their own.

David Ashcroft, the new managing director of Optima Legal, has outlined his ambitions for the ABS to become a market leader in commercial property and debt collection services.

A large majority of alternative business structures, 89%, would tackle their application differently if they applied to the Solicitors Regulation Authority (SRA) for a licence again, research has revealed.