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ABSs capture a third of personal injury market, SRA research reveals

ABSs 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.

June 12th, 2014 | No Comments »

Pioneering ‘barrister law firm’ reveals ambitious expansion plans

Artesian 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.

October 25th, 2013 | No Comments »

Manchester firm ties up joint venture with insurer as law centres win ABS exemption extension

A Manchester law firm has launched a joint venture alternative business structure (ABS) with one of its major insurer clients. Meanwhile, the transitional exemption from ABS licensing currently afforded to not-for-profit organisations has been extended indefinitely.

September 27th, 2013 | No Comments »

In brief: latest ABS, Co-op wins contract, top firms “don’t want” external cash, SRA race probe

Our regular round-up of important news nuggets includes the newest SRA-licensed ABS, an advice contract for the Co-op, a survey of top firms on how they are changing, a probe of SRA files to identify any racial discrimination, heavy fine for spam texters and much more.

November 29th, 2012 | No Comments »

ABS conversion deadline for LDPs under review

The 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.

November 12th, 2012 | Comments Off on ABS conversion deadline for LDPs under review

BSB sets course for barrister partnerships in 2013 and ABSs in 2014

Barristers 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.

October 22nd, 2012 | No Comments »

Juniors hire QC as the ‘barrister law firm’ expands

rtesian 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.

July 27th, 2012 | No Comments »

American bar ditches bid to introduce non-lawyer ownership of firms

The 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.

April 18th, 2012 | No Comments »

Revealed: groundbreaking barristers’ chambers launches as SRA-regulated partnership

Six 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.

March 22nd, 2012 | 2 Comments »

PI firms need scale to survive, says firm pumping £3m into its business

Personal 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.

February 22nd, 2012 | Comments Off on PI firms need scale to survive, says firm pumping £3m into its business