Parabis’ private equity owner in ‘discreet discussions’ to sell off legal businesses Legal Business Following a number of restructurings and a Christmas-time capital injection from its private equity owner, insurance-focused law firm Parabis Group…
DAC Beachroft gains ABS for claims business as it prepares for ‘complex and challenging market’ Kathryn McCann DAC Beachcroft is the latest firm to enter the alternative business structure (ABS) market gaining a licence for its Claims…
The importance of tech: Foot Anstey promotes IT director to partner Kathryn McCann Highlighting the growing importance of technology for law firms, south west firm Foot Anstey has used its alternative business structure…
Regulators look to cut ABS red tape in Legal Services Act reform push Legal Business The Legal Services Board, along with the other legal sector regulators, has published suggestions to reform the Legal Services Act…
The ABS triangle – regulators, consumers and investors Legal Business Baker Tilly’s George Bull analyses the changing market. The recent initial public offering (IPO) of full-service English law firm Gateley…
Solicitors set to own non-regulated businesses after watchdog levels ‘the playing field’ with ABSs Legal Business The Solicitors Regulation Authority (SRA) has decided to relax the Separate Business Rule, allowing law firms to own outside businesses…
Taking New Jersey: Riverview Law opens second US office and starts UK recruitment drive Tom Moore Riverview Law, the fixed priced legal services business, is set to open a second US office with a launch in…
EY’s legal march continues with former Addleshaws managing partner Devitt and corporate specialist Thomas Kathryn McCann Just over a year after Paul Devitt stood down early as managing partner of Addleshaw Goddard, he is due to…
EY Law agrees new alliance as Asia-Pacific growth continues Legal Business Making good on its continued efforts to grow its Asia-Pacific presence, EY Law recently announced an alliance with South Korean…
Why are there no lawyer-backed MDPs? Legal Business With the rise of multi-disciplinary practices (MDPs) receiving daily comment in the professional news, this is certainly a question worth…
A ‘transformational opportunity’: Slater and Gordon signs £637m deal for Quindell’s professional services division Kathryn McCann Australian law firm Slater and Gordon has signed a £637m deal for Quindell’s professional services division – a business which generated…
Breaking into law: RSA latest to gain ABS licence as it teams up with Parabis Kathryn McCann UK insurer RSA is the latest business to be awarded an alternative business structure (ABS) licence by the Solicitors Regulation…
Mishcon gains ABS licence to include non-lawyers in partnership Legal Business Mishcon de Reya has become the latest firm to acquire an alternative business structure (ABS) licence from the Solicitors Regulation…
Becoming a partner: Mishcon de Reya acquires ABS licence to include non-lawyers in partnership Legal Business Mishcon de Reya has become the latest firm to acquire an alternative business structure (ABS) licence from the Solicitors Regulation…
Targeting the UK: Slater & Gordon in talks with Quindell over division purchase Jaishree Kalia Alternative Business Structure (ABS) Quindell has entered negotiations to sell one of its operating divisions to Australian law firm Slater…
Targeting the UK: LegalZoom becomes first US business to gain ABS Legal Business US online legal solution site LegalZoom has become the first American business to receive an Alternative Business Structure (ABS) licence…
‘We are offering something new’: EY latest Big Four giant granted ABS licence Sarah Downey EY has become the latest accountancy giant granted an alternative business structure (ABS) licence by the Solicitors Regulation Authority, in…
Guest post: Tiger, Plant, Freshfields and the Short Sellers – a look at legal ethics in ABS-owner Quindell’s woes Legal Business Charles Plant, outgoing Chair of the SRA who has led the SRA through one of the more interesting phases in…
ABS latest: Kennedys wins licence to maintain non-lawyer partners Legal Business Insurance specialist Kennedys has received approval from the Solicitors Regulation Authority (SRA) to become an alternative business structure (ABS). The…
‘We are in recruitment mode’: KPMG breaks new ground with multi-disciplinary ABS Legal Business KPMG is looking to bulk up its legal team as it becomes the latest accountancy giant to acquire an alternative…