ABSs offer opportunity to thriving in-house lawyers, says Law Society
The number of in-house lawyers has not been affected by the economic crisis and alternative business structures (ABSs) offer general counsel an opportunity to expand their services, according to the Law Society.
Reform agenda to create “two-tier Bar”, with bulk of chambers to suffer
Legal aid cuts, the Jackson reforms and the introduction of competitive tendering for criminal law work will split the Bar into a two-tier profession, with mid-sized generalist chambers set to suffer, a specialist Bar consultant has predicted.
DAS buys law firm as it bids to build major consumer brand
Legal expenses insurer DAS has finally secured the law firm acquisition that will kickstart its bid to become one of the UK’s top legal services providers. DAS, which is owned by German insurance giant Munich Re, has bought Bristol law firm CW Law.
Number of private practice solicitors falls for first time as Law Society warns of ABS threat
The number of qualified solicitors in private practice fell last year for the first time since records began. A new legal service market assessment by the Law Society also warned that that a small number of successful ABSs could radically reshape the market for high street legal services.
Government backs Level 4 apprenticeships to offer new route into law
A new route into the legal profession is launched today in a bid to improve access and diversity in the law. The Level Four Higher Apprenticeship in Legal Services is designed to help firms recruit a new breed of talented paralegals who could in time become chartered legal executives.
Family office for wealthy Russians joins ABS ranks
A company that specialises in helping wealthy business people from Russia and Eastern Europe relocate to London has acquired an alternative business structure licence in order to add legal services to its business services portfolio.
SRA approach to referral fee ban receives LSB green light
The Legal Services Board yesterday put the seal of approval on the SRA’s plans to regulate the referral fee ban. The news came as the Law Society pressed the LSB to provide reassurance that the way referral fees are regulated will be consistent across the entire legal profession.
Bar Council and Law Society call unexpected truce over standard terms dispute
The Law Society and Bar Council have called a truce over the Bar’s new standard terms of business and agreed to talk through their differences – some five years after leaving the negotiating table.
Liverpool firm launches “branded fightback” to ABSs with not-for-profit eLawyers scheme
A personal injury law firm has launched a co-operative group marketing scheme based on a TV advertising campaign potentially worth up to £2m. eLawyers aims to build regional panels of firms who will receive exclusive leads by area of legal specialism.
Firms unveil services to get closer to insurers as April reforms loom
Two law firms have made significant moves to align themselves with the insurance sector as the end of referral fees edges closer. Goldsmith Williams and Plexus Law have announced product launches as the race to be ready for the civil justice reforms gathers pace.
