- Wednesday, 3 November 2010
The Law Society has begun laying down the red lines beyond which it will not be able to support alternative business structures (ABSs), Legal Futures can reveal. The society’s regulatory affairs board has highlighted a variety of issues that it expects to see addressed if it is to judge the arrangements for ABSs satisfactory, including effective controls on the fitness to own of prospective external owners.
Tags: ABS, access to justice, Alternative business structures, external owners, fitness to own, MDP, multi-disciplinary practice, separate business rule
Posted in Alternative business structures, News, Solicitors