SRA confirms debut trio of licensed alternative business structures

The first three alternative business structures (ABSs) to be licensed by the Solicitors Regulation Authority have been confirmed, as the reforms ushered in by the Legal Services Act continue to gather pace. Co-operative Legal Services, Kent family practice Lawbridge Solicitors and Oxfordshire firm John Welch and Stammers are the first to secure approval from the regulator to practise as an ABS and take advantage of the liberalisation of the legal services market.

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