Alternative business structures

New York rejects ABSs for now as Arizona opens doors to them

21 January 2021

Alternative business structures will not be allowed in New York for the time being because the case for them improving access to justice has not been made, a commission has decided.

SME firm eyes ABS licence to share fees with non-lawyer collaborators

18 January 2021

A law firm that works with non-legal businesses to offer SME clients a multi-disciplinary service is to convert to an alternative business structure so that they can share fees.

QC and accountant set up ABS regulated by SRA

12 January 2021

A commercial QC has taken the unusual step of setting up an alternative business structure with an accountant, in contrast with what he described as the “outmoded” chambers structure.

Teaching law firm “busier than ever” with pandemic caseload

21 December 2020

The head of the first ‘teaching law firm’, Nottingham Law School’s Legal Advice Centre, has said it is “busier than ever” helping clients, many of whose problems are related to the pandemic.

Inward investment consultancy becomes ABS after “exponential growth”

3 December 2020

A professional services consultancy specialising in advice to foreign businesses wanting to set up in the UK has become an alternative business structure after “exponential growth” in 2020.

Legal Services Act a decade on: Much to celebrate but much to do

25 November 2020

There is “much to celebrate” from the first decade of the Legal Services Act but the basic legal needs of many citizens are still not being met, the Legal Services Board said today.

“Massively busy” ABS plans further growth

23 November 2020

An alternative business structure which launched as a specialist conveyancing firm with three staff in March 2019 is aiming to hit 50 staff across a range of practice areas by the end of 2021.

ABS owned by insurance claims firm enters Australia

5 November 2020

The alternative business structure owned by global insurance services firm Crawford & Company is expanding into Australia after buying up a leading defendant practice in the country.

Big Four giant signals ambition with City firm acquisition

4 November 2020

Big Four firm Deloitte yesterday issued a statement of intent to the London legal market by announcing that it is to acquire leading technology and digital media law firm Kemp Little.

Exclusive: New ‘corporate’ chambers looks to shake up Bar

2 November 2020

A family law barrister, together with the former chief executive of the Lawn Tennis Association, are looking to shake up the Bar by adopting a corporate structure for their new chambers.

Record fine for Co-op Legal Services after indemnity principle breach

26 October 2020

Co-operative Legal Services has been fined nearly £144,000 for recovering more costs in personal injury claims than it was entitled to – the largest fine the SRA has ever handed out to an ABS.

High street solicitor launches second BSB firm with client

22 October 2020

A solicitor has launched a second law firm regulated by the Bar Standards Board – this time an alternative business structure with a letting agent client.

Exclusive: High street consolidator buys three more firms

13 October 2020

Echelon Law, an alternative business structure which specialises in buying small high street law firms with succession problems, is set to acquire three more, Legal Futures can report.

Employee ownership move like “rocket fuel”, says firm

8 October 2020

A niche law firm which advises on employee share ownership and executive pay has become the latest to convert to an employee ownership trust.

Leading regional accountants launch ABS to expand offering

4 September 2020

A major Lincolnshire-based firm of accountants is moving beyond offering probate services by becoming an ABS to provide clients with a “wrap-around” service.

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Everything has changed. Nothing has changed

For the majority of Black and ethnic minority citizens in this country, legal services are still as hard to reach, as hard to choose, or as hard to trust, as they were years ago.

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