alternative business structures

Bank backing for listed firm’s acquisition ambitions

16 August 2018

Knights Group – the Staffordshire-based law firm that listed in June – has secured bank funding to support its strategy to complete at least three acquisitions by April 2020.

EY plots huge global expansion for Riverview

14 August 2018

Riverview Law is set for a huge global expansion over the next five years once EY completes its acquisition, the partner who is to head the new business has said.

PE-backed firm unveils first-ever merger in growth push

10 August 2018

Setfords – the consultant-led law firm with private equity backing – has secured its first-ever merger as it targets firms to speed up growth.

LegalZoom secures “largest ever investment in law”

2 August 2018

LegalZoom, the US-based online legal services provider that owns an ABS, has received a $500m investment – believed to be the largest ever in the legal world.

California considers leading way in US on non-lawyer owners

30 July 2018

The State Bar of California has been urged to take the lead in the US in allowing non-lawyers to invest in and own law firms. It has agreed to set up a task force to investigate.

ABS buys third wealth firm and launches legal club

27 July 2018

Fast-growing alternative business structure Progeny Group has acquired its third wealth management firm in little more than a year, also launched a wide-ranging legal subscription service.

CILEx to become ABS regulator no.6

18 July 2018

The Chartered Institute of Legal Executives is set to become the sixth body allowed to license alternative business structures after its application was approved by the Lord Chancellor.

Gateley buys human capital consultancy + more ABS news

10 July 2018

The UK’s first listed law firm, Gateley, has made another non-legal acquisition by buying a “human capital” consultancy for what could reach £3m.

Strong results for Gordon Dadds as listed firm plots international growth

28 June 2018

Gordon Dadds Group, the law firm acquisition vehicle, has unveiled strong results for its first year as a listed company and announced its first international expansion, into Hong Kong.

Knights raises £50m from “oversubscribed” IPO

26 June 2018

Regional law firm Knights has raised £50m from its initial public offering, valuing the company at £103.5m when it starts trading on AIM on Friday.

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15 August 2018

Get ready for the SRA’s transparency rules

You will no doubt by now be aware that the Legal Services Board has approved new rules proposed by the SRA requiring law firms to publish certain price and service information on their website.

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