Legal Services Act
AIM-listed conveyancing business eyes new law firm acquisition
Online conveyancing business In-Deed is lining up a second law firm acquisition as it shifts its focus away from a direct-to-consumer model, its first annual report has revealed. The AIM-listed company’s chairman is Rightmove founder Harry Hill.
£50,000 cap on claims against IP ABSs criticised
A proposed £50,000 cap on compensation claims against alternative business structures licensed by the Intellectual Property Regulation Board is too restrictive, it has been argued as the board prepares to become an ABS licensing authority.
Unique niche firm to use ABS status to take on larger competitors
The only UK law firm focusing exclusively on handling liability claims for self-insured companies has become the latest alternative business structure (ABS) and plans to use the status to help it take on larger competitors.
LSB releases plan to monitor impact of ABSs on access to justice
The Legal Services Board yesterday laid out how it will monitor the impact of alternative business structures and other reforms on access to justice. The attempt to “baseline” access to justice and to evaluate change over time proposes 18 measures.
Will-writer eyes conveyancing opportunity after receiving ABS licence, while IFA plans MDP
A will-writer is planning to use his new alternative business structure (ABS) licence to expand into the conveyancing market, Legal Futures can report. Further, an IFA is planning a specialist multi-disciplinary ABS with a law firm focusing on the over-55s.
Jackson effect to the fore as Antony Hodari makes high-profile acquisition
The reshaping of the personal injury market ahead of the Jackson reforms continued apace today as leading Manchester firm Antony Hodari acquired a direct marketing capability by buying well-known brand Paul Rooney Partnership.
Accountants told to respect spirit of legal services reforms if they want to regulate probate
The Institute of Chartered Accountants in England and Wales needs to abide by the spirit of the legal services reforms if it is to regulate probate work, the Legal Services Consumer Panel has urged.
Exclusive: country’s largest multi-office firm eyes national expansion
The largest multi-office practice in the country has set its sights on establishing a national high street presence, possibly with the aid of external investment, after a period of significant growth, Legal Futures can reveal.
Lawyers2you network reaches London, Leeds and Manchester
Shopping centre legal brand Lawyers2you added London, Leeds and Manchester to its growing list of locations this week as it plans also to target some of the capital’s most popular markets and in time introduce video conferencing as well.
Conveyancers and PI firm named latest ABSs
The residential conveyancing department of a Leicester law practice has left the firm to become an alternative business structure, while a sole practitioner targeting lender panels and a personal injury practice in Cheshire have also gained licences.
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.
