Alternative business structures


ABS Carbon opens platform to own-brand start-ups

19 September 2019

A virtual firm alternative business structure aimed at top-end solicitors approaching retirement is white labelling entities to groups of lawyers or overseas practices looking to start up under their own brand.


Exclusive: Future of BT’s ABS under scrutiny

16 September 2019

The future of BT Law is under scrutiny as the communications giant that owns the alternative business structure moves to focus more on its core business, Legal Futures can reveal.


ABS plans more growth as it sees PI firms closing

11 September 2019

Anexo Group, the listed credit hire and legal services business, is looking to expand beyond road traffic accidents and the North-West and said the demise of other claimant law firms was “great” news.


NewLaw ABS joint venture adds £3m in profit

6 September 2019

The alternative business structure run for National Accident Helpline by Cardiff-based NewLaw Solicitors has added £3m in profitability to the law firm, it emerged yesterday.


Firm becomes ABS to further group expansion plans

5 September 2019

An Essex full-service law firm has become an alternative business structure in order to further its ambitious expansion plans. Birkett Long is looking to establish a group structure.


Two more US states eye allowing ABSs

28 August 2019

The idea of alternative business structures is starting to gain a foothold in America after working parties in two more states joined California in recommending non-lawyer ownership of law firms.


ABS conversion allows daughters to keep mother’s firm going

5 August 2019

A trainee legal executive and her practice manager sister have taken over the law firm owned by their mother after her death, by restructuring it as an alternative business structure.


Exclusive: Domestic violence charity sets up ABS to bridge legal aid gap

26 July 2019

A domestic violence charity has set up an alternative business structure to provide legal services for people who are not eligible for legal aid but cannot afford to pay for a private practice solicitor.


Brexit and empty offices spelled doom for £12m London firm

25 July 2019

London law firm Child & Child went insolvent because of “severe cash flow difficulties” caused by excess office space, Brexit hitting a key practice area, high salary costs, and clients taking longer to pay.


City firm acquires legal engineering ABS Wavelength

24 July 2019

Wavelength Law, the pioneering alternative business structure of legal engineers, has been bought by City firm Simmons & Simmons. It will introduce new services and solutions for Simmons’ clients globally.

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Blog

16 September 2019

The Amazon effect

I have to be honest and say it still amazes me how many lawyers we come into contact with, who are still behaving like dinosaurs when it comes to technology. It’s not about chronological age.

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