Tag Results
ABSs capture a third of personal injury market, SRA research reveals
Thursday, 12 June 2014ABSs account for a third of all turnover in the personal injury market, the first accurate overview of the progress of alternative business structures has revealed.
Tags: ABS, Alternative business structures, LDP, legal disciplinary practice, new businesses, personal injury
Posted in Alternative business structures, Latest news, Market monitor
Pioneering ‘barrister law firm’ reveals ambitious expansion plans
Friday, 25 October 2013Artesian Law, the barrister-led legal disciplinary practice, is set to double in size after 18 months in business by actively recruiting associate members in order to expand beyond its mainstay of criminal legal aid work.
Tags: Barristers, LDP, legal disciplinary practice
Posted in Latest news, Market monitor
ABS conversion deadline for LDPs under review
Monday, 12 November 2012The Solicitors Regulation Authority is under pressure to extend its April 2013 deadline for legal disciplinary partnerships with non-lawyer partners to become alternative business structures, after the Legal Services Board said it was “unlikely” to insist on it before 2014.
Tags: ABS, Alternative business structures, Council for Licensed Conveyancers, LDP, legal disciplinary practice, Solicitors Regulation Authority
Posted in Alternative business structures, Latest news, Other lawyers, Solicitors
BSB sets course for barrister partnerships in 2013 and ABSs in 2014
Monday, 22 October 2012Barristers are likely to be allowed to form partnerships next year and before they can create alternative business structures, the Bar Standards Board said last week. Meanwhile, it dropped a proposal to force barristers to withdraw from cases where a client refuses to reveal previous convictions to the court.
Tags: bar standards board, barrister-only entities, code of conduct, LDP, legal disciplinary practice, Legal Services Board
Posted in Alternative business structures, Barristers, Latest news
Juniors hire QC as the ‘barrister law firm’ expands
Friday, 27 July 2012rtesian Law, the groundbreaking SRA-regulated law firm set up by six junior criminal law barristers, has named Bryan Cox QC as its first associate member. Mr Cox is a tenant of New Park Court Chambers in Leeds.
Tags: ABS, Alternative business structures, Barristers, LDP, legal disciplinary practice, Solicitors Regulation Authority
Posted in Barristers, Latest news, Market monitor
American bar ditches bid to introduce non-lawyer ownership of firms
Wednesday, 18 April 2012The American Bar Association has dropped plans for any changes to its policy prohibiting the non-lawyer ownership of law firms. Having rejected more radical ideas such as ABSs, it had proposed a form of legal disciplinary practice.
Tags: ABS, Alternative business structures, LDP, legal disciplinary practice
Posted in Alternative business structures, Latest news
Revealed: groundbreaking barristers’ chambers launches as SRA-regulated partnership
Thursday, 22 March 2012Six criminal law barristers have set up a chambers structured as a partnership and regulated by the Solicitors Regulation Authority. Artesian Law is already looking to expand due to the number of instructions it has received.
Tags: ABS, advocacy, Alternative business structures, bar standards board, Barristers, criminal law, LDP, legal aid, legal disciplinary practice, Solicitors Regulation Authority
Posted in Alternative business structures, Barristers, Latest news, Market monitor, Solicitors
PI firms need scale to survive, says firm pumping £3m into its business
Wednesday, 22 February 2012Personal injury firms need scale to survive in future, a Manchester law firm has warned as it gears up for a £3m investment into growing its practice. Express Solicitors is expanding ahead of ABSs, the referral fee ban and the extended RTA portal.
Tags: ABS, Alternative business structures, LDP, legal disciplinary practice, personal injury, referral fees, RTA portal
Posted in Latest news, Market monitor
LSB gives green light to barristers joining ABSs
Friday, 26 August 2011The Legal Services Board has approved changes to the Bar Code of Conduct that will allow barristers to become partners and employees of alternative business structures. The bar’s rulebook as currently drafted would prevents barristers from working for an ABS.
Tags: ABS, Alternative business structures, bar standards board, LDP, legal disciplinary practice, Legal Services Board
Posted in Alternative business structures, Barristers, News
The future of criminal legal aid practice? The one-stop shop barrister/solicitor LDP
Monday, 27 September 2010It is “absolutely inevitable” that criminal legal aid practices will need to morph into a cross between a solicitors’ firm and barristers’ chambers, one of the founders of a groundbreaking firm in the north-east of England has claimed.
Tags: Barristers, criminal law, LDP, legal disciplinary practice, Solicitors
Posted in Alternative business structures, Market monitor, News
Blog
AML isn’t just a risk issue – it’s about client experience too
Something that gets forgotten among all this noise is the impact onerous AML rules have on client experience. It’s a source of friction and it reduces trust and confidence.
Breaking down barriers between fee-earners and finance teams
Many law firms grapple with a divide between fee-earners and finance teams, which can create friction that risks undermining regulatory requirements, profitability and client service.
Agentic AI and the importance of knowledge management for law firms
AI is the go-to capability to drive higher productivity for organisations. Those that are not yet implementing it may find themselves being left behind in the race for both talent and clients.
