Legal Services Act
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.
Riverview plots major expansion
Riverview Law, the fixed-priced commercial law business, is to double in size by creating up to 100 new posts over the next year, it announced today. The firm said the appointments are a result of “recent contract wins with a number of FTSE 100 businesses”.
Listed Australian law firm considering UK opportunities
The first corporate law firm in the world to go public is eyeing up opportunities in the UK, Legal Futures understands. Integrated Legal Holdings has until now been an aggregator of boutique corporate, tax and private client firms across Australia.
Industrial disease specialists eye ABS to aid extraordinary growth spurt
A specialist industrial disease law firm in the north-west is looking to convert to an alternative business structure to take advantage of a period of extraordinary growth. Fee income doubled to £7m and staff numbers quadrupled to 170 over the last year.
Solicitor found in contempt following Legal Ombudsman enforcement action
A Birmingham solicitor has become only the fourth lawyer to be found in contempt of court as a result of legal action taken by the Legal Ombudsman. He was also hit with a fine of £5,000 plus costs, after holding on to important files and failing to update his clients.
From ‘America’s most familiar law firm brand’ to the UK’s? Jacoby & Meyers unveils ABS plan
Jacoby & Meyers – which claims to be the largest full-service consumer law firm in America – is to create a joint venture alternative business structure as a vehicle to acquire UK law firms and become a “significant” player over here.
Conveyancers face new referral fee disclosure rules but no ban
The Legal Services Board has backed improvements to the transparency of referral fees paid by licensed conveyancers following a review that found absolutely no justification for a ban.
Pioneering ABS combines legal and accounting services
The first alternative business structure to market itself as a firm offering both legal and accountancy services has been licensed by the Solicitors Regulation Authority. Direct Law & Finance Ltd is a firm of solicitors and accountants based in Brentford, west London.
Direct Line hits £125m from solicitors since 2009 after scooping final £6m in referral fees
Direct Line Group – which last month announced plans to launch its own legal business – made a final £6.1m in referral fees from solicitors this year before the ban was introduced on 1 April, its half-year results have shown.
Blog
Amplifying reach through employee-driven thought leadership
Nine in 10 executives believe thought leadership is critical to building authority, yet only a quarter feel they have implemented a robust strategy.
Divorce escrow: asset sales before final settlement
When significant matrimonial assets are sold before a final financial order is agreed, holding the proceeds safely and neutrally can present real practical challenges.
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.
