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Scottish firm plots ABS and backs capital adequacy rules for law firms
Tuesday, 30 August 2011Turcan Connell has signalled its intention to become one of the first alternative business structures in Scotland, while its joint senior partner has called for law firms to be subject to capital adequacy requirements. Douglas Connell said the introduction of ABSs provides a “once-in-a-lifetime opportunity” for lawyers.
Tags: ABS, Alternative business structures, capital adequacy
Posted in Alternative business structures, Market monitor, News
