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Where am I? > Home > Legal Services Act
LEGAL SERVICES ACT
Co-op legal arm to create 3,000 new jobs in ABS expansion drive
The Co-operative Group is set to offer 3,000 new jobs in its legal services arm, creating what it claims will be "the largest consumer law business in the country". Ninety percent of the new positions at Co-operative Legal Services (CLS) will be le...
24 May 2012 | 10:08
LexisNexis – The future of law. Since 1818
LexisNexis in the UK has always embraced technology in order to deliver information that helps our customers. By combining the 200-year heritage of influential relationships and authoritative information from Butterworths and Tolley®, our commitment ...
30 Apr 2012 | 16:38
RJW gains ABS licence allowing Slater & Gordon acquisition to go ahead
Russell Jones & Walker (RJW) has become the latest firm to be licensed as an alternative business structure (ABS) by the Solicitors Regulation Authority (SRA), with the approval allowing Australia's Slater & Gordon to go ahead with its £53.8m acquisi...
27 Apr 2012 | 10:07 | 
Italian firm applies for ABS licence for UK arm
Italy’s Pirola Pennuto Zei & Associati is set to become one of the first non-UK law firms to convert to an alternative business structure (ABS).
27 Apr 2012 | 00:00 |
American Bar Association shelves non-lawyer ownership proposal
The American Bar Association (ABA) has said it is no longer considering a rule change that would allow limited non-lawyer ownership of law firms, reports The Am Law Daily. The decision comes after the ABA's Commission on Ethics 20/20 released a dra...
18 Apr 2012 | 12:10 |
Co-op to roll out legal offering in bank branches after successful pilot
The Co-operative is set to offer legal services in all of its UK bank branches after being granted its alternative business structure (ABS) licence yesterday (28 March). The Co-op's legal arm, Co-operative Legal Services (CLS), has since last year ...
29 Mar 2012 | 15:46 |
| 3 comments
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 ...
28 Mar 2012 | 10:47 |
Eversheds makes temp lawyer service permanent as 80 sign up
Eversheds’ temp lawyer service Eversheds Agile has been made a permanent fixture at the firm, with almost 80 lawyers on the initiative’s books seven months into a planned one-year pilot. At a budget meeting last month, the firm allocated perman...
23 Mar 2012 | 00:00 |
New York Bar association to review block on non-lawyer ownership of law firms
The New York State Bar Association (NYSBA) is set to review the issue of outside ownership of law firms, but has confirmed that at present lawyers practising in New York cannot be part of a foreign firm in which non-lawyers hold a stake. The NYSBA ...
22 Mar 2012 | 13:48 |
FFW plans business valuation as firm reviews Legal Services Act options
Field Fisher Waterhouse is bringing in an external body to value the business with a view to potentially seeking external investment during the next financial year. The firm is currently reviewing options presented by the Legal Services Act, includ...
16 Mar 2012 | 00:00 |
Tesco law era awaits eponymous entrant as big-name retail brands resist ABS rush
Tesco, Sainsbury’s, Marks & Spencer, Asda and Waitrose have all confirmed that they have no current plans to branch out into legal services, despite rival retail brand The Co-operative’s high-profile move into the market. The Co-op’s legal ar...
16 Mar 2012 | 00:00 |
Keoghs in private equity talks as firm eyes external investment
Northwest law firm Keoghs is in talks to take external investment from private equity house Bowmark Capital, according to press reports. The firm is understood to be talking to Bowmark about a deal that could see the private equity firm take a stak...
28 Feb 2012 | 14:11 |
Riverview Law in the spotlight as market sizes up new fixed-fee legal venture
DLA Piper-backed venture Riverview Law is facing much market scrutiny as the new fixed-fee business goes live. Sofia Lind and Suzanna Ring report...
24 Feb 2012 | 00:00 |
Kennedys eyes external investment for new litigation venture
Kennedys is considering taking external investment to develop a range of new litigation products, as the firm moves to capitalise on its forthcoming conversion to an alternative business structure (ABS). The firm is currently piloting a web-based p...
24 Feb 2012 | 00:00 |
DLA-backed LawVest targets volume market with team of solicitors & QCs
DLA-backed venture LawVest has assembled a team of solicitors and barristers to handle volume fixed-fee work, as details emerge of the legal services company's new-look business model. The company, which has launched under the trading name Rivervie...
17 Feb 2012 | 15:07 |
| 6 comments
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