Alternative business structures


LegalZoom uses ABS to bypass US ban on employing lawyers

8 June 2021

US legal services giant LegalZoom is bypassing the domestic ban on non-law firms practising law by employing US lawyers through its UK alternative business structure, it has emerged.


Shoosmiths spins debt practice into joint venture ABS

4 June 2021

National law firm Shoosmiths has spun its debt recovery practice into an alternative business structure joint venture with collections, recoveries and enforcement company Chartsbridge.


Firm merges clinical negligence team with barrister-led ABS

11 May 2021

National law firm Devonshires has merged its clinical negligence department with barrister-led firm PI Law Direct to create Devonshires Claims, a specialist clinical negligence and personal injury practice.


Dispersed US firm launches in UK with big ambitions

26 April 2021

US dispersed law firm Rimon has entered the UK market as an alternative business structure, with plans to expand rapidly and challenge the likes of Keystone Law and gunnercooke.


Top Chinese firm eyes non-lawyer partners with ABS move

23 April 2021

A leading Chinese law firm has converted its London operation into an alternative business structure with a view to bringing non-lawyer partners on board. It is already in talks with some.


Legal Services Act has delivered “limited benefits to competition”

20 April 2021

The Legal Services Act 2007 has only delivered “a few of the benefits typically associated with deregulation”, a report by Boston Consulting Group has concluded.


Irwin Mitchell tipped for £500m stock market listing – again

12 April 2021

National consumer giant Irwin Mitchell is planning a stock market float valuing the law firm at £500m, according to press reports at the weekend. It could happen this year, said Sky News.


Covid hits revenue and profits at Co-op Legal Services

9 April 2021

Revenue and profits at Co-operative Legal Services fell as a result of coronavirus but case volumes grew during last year, its annual results have shown.


PII increase “makes case” for running unregulated practice alongside ABS

26 March 2021

A legal business that uniquely runs both a regulated and unregulated practice says a 220% increase in the cost of its professional indemnity insurance justifies the way it operates.


Acquisition no12 for Knights amid activity at insurance ABSs

23 March 2021

Listed law firm Knights continued its consolidation play yesterday by announcing a £5.3m deal to buy Surrey firm Mundays, as we also report on activity at two insurance-led ABSs.


ABSs become a reality in America as Arizona approves the first two

22 March 2021

America now has its first two alternative business structures, approved in the state of Arizona, to go alongside an increasing variety of businesses in a regulatory sandbox in Utah.


Listed company buys specialist employment law ABS

5 March 2021

A specialist alternative business structure has been bought by a listed company to boost its fast-growing national employment law business and compete with traditional law firms.


Former presidential adviser joins ABS with eye on Brexit benefits

22 February 2021

A unique alternative business structure that combines legal and political advice has unveiled a former economic adviser to President GW Bush as its latest high-profile hire.


Legal and financial services group expands with law firm acquisition

16 February 2021

Fast-growing wealth management and legal services firm Progeny has continued its expansion by acquiring conveyancing firm Watson Law, with three financial planning firms next on its agenda.


First4Lawyers sets up law firm to handle road traffic claims

4 February 2021

Legal marketing business First4Lawyers is to create an alternative business structure to handle road traffic accident claims after the whiplash reforms are introduced in May.

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Are inheritance disputes set to become disputes with will-writers?

With one in four people saying they’d contest an inheritance if they didn’t feel it was distributed properly, many solicitors will have dealt with clients who are making a will that will subsequently be challenged.


If resigning is not enough…

Last week, I wrote about the Post Office scandal. I made clear my view that resigning is not enough, but some people have rightly challenged me to say what I feel would be enough.