Now SRA shuts down Asons’ successor firm


Asons: now headquarters of Coops Law

The Solicitors Regulation Authority (SRA) has today shut down Bolton firm Coops Law, less than three months since it took over the practice of controversial practice Asons, which was also closed down by the regulator.

A notice issued by the SRA said an adjudication panel “was satisfied that there is reason to suspect dishonesty on the part of Mr Irfan Khan Akram in connection with Coops Law Ltd’s business”.

This meant it was necessary to intervene to protect the interests of clients. Also, the panel was satisfied that Coops Law Ltd has not complied with the terms of its alternative business structure (ABS) licence.

Mr Akram is a non-solicitor and the ABS’s head of finance and administration. Munir Majid, former head of industrial disease at Asons, is the head of legal practice.

Mr Majid’s practice has also been intervened in on the basis that he has “failed to comply” with unspecified rules.

In late March, Asons ceased trading and was sold to Coops Law, with the SRA then stepping in at Asons on the general ground that it was necessary to protect the interests of clients and former clients, meaning the actual cause was not clear.

The regulator made clear to Coops Law – the new name of ABS Banks Solicitors – that the staff who moved over from Asons could not work on any of their old cases, all of which were in the possession of the SRA.

Also in March, Coops Law’s head office address was changed to that of Asons.




Blog


From ‘year zero’ to £6.5m – how a law firm found its second life

In 2018, I hit what I call ‘year zero’. On paper, Olliers Solicitors was a top-tier criminal defence firm but beneath the surface, I could see we were at a crossroads.


Linklaters’ chief growth officer takes the ‘blank sheet’ challenge

In the third and final part of this series, Lucy Murphy, chief growth officer at magic circle firm Linklaters, outlines her vision for the law firm of the future.


The ‘blank sheet’ challenge, part 2 – what would you do differently?

In the second part of this blog series, Shainul Kassam, managing director of small London firm Fortune Law, sets out how she would set up a law firm now.


Loading animation