Alternative business structures


MBO partners buy off-the-shelf ABS from Gordon Dadds

18 July 2019

Five partners from London firm Child & Child, who acquired the firm after it went into administration at the end of last month in a management buyout, used an off-the-shelf ABS, it has emerged.


Exclusive: Space, the final frontier for ABSs

12 July 2019

A pioneering alternative business structure specialising in space law and named after Neil Armstrong 50 years after he first stepped on the moon has gone live, Legal Futures can reveal.


ABS launches desktop tool linking it to big clients

11 July 2019

An alternative business structure set up by an HR consultancy has launched a dedicated case management software tool aimed at integrating large company HR departments with its employment law offering.


Exclusive: First Bar Standards Board ABS closes down

28 June 2019

The first alternative business structure licensed by the Bar Standards Board – a combination of barristers and football agents – has shut down, Legal Futures can reveal.


Eversheds uses ABS to build £100m alternative legal services venture

27 June 2019

Eversheds Sutherland is to hive off three of its ‘alternative’ legal services teams into an alternative business structure, from which it will seek external investment to help more than double revenue to £100m.


£13k fine for ops chief who resold firm’s mobiles highlights ABS anomaly

27 June 2019

The former head of operations at well-known media law firm Schillings has been banned from working for solicitors after reselling the firm’s used mobile phones and pocketing the proceeds.


Accountants bring the one-stop shop to Cornwall with new ABS

27 June 2019

An accountancy firm in Cornwall has set up an alternative business structure to provide will writing, trusts and power of attorney services – which it says is the first one-stop shop of its kind in the county.


External funder backs litigation firm launch

29 April 2019

A specialist litigation law firm with support from an external backer that means it can fund cases itself goes live today as an alternative business structure, Legal Futures can report.


Pioneering local authority shared legal service eyes ABS move

25 April 2019

A pioneering shared legal service providing advice to seven councils in the East Midlands is set to create the latest local authority alternative business structure.


Co-op sees legal services turnover and profit soar

9 April 2019

The Co-operative – now the UK’s largest provider of probate – recorded a 37% rise in turnover from legal services in 2018, and a 53% jump in profit. Meanwhile, Ince Gordon Dadds has bought another firm.

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Blog

18 July 2019

Good company – general counsel’s difficult balancing act

Company behaviour and the ethical responsibility of general counsel is a sensitive subject, because the status and influence of the role can vary considerably from one entity to another, and the issue can be complicated.

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