It was interesting to read in the legal press that the outsourcing giant Carillion «could
become an alternative business structure» as part of plans to increase its legal services profile.
The AA has applied to
become an alternative business structure (ABS) as the motoring giant weighs up whether to expand its legal offering to cover services such as property and employment advice.
Saga has applied to
become an alternative business structure as the company moves to broaden the range of legal services it offers in partnership with Parabis Group.
Not exact matches
Not one to mince words, he summed up his industry outlook by saying, «Retail guys are going to go out of
business and ecommerce will
become the place everyone buys... Retail chains are a fundamentally implausible economic
structure if there's a viable
alternative.
As to law firms
becoming investment properties, and other such «
alternative business structures,» that brings the conflict of interest between the profit duty and the fiduciary duty — between serving yourself and serving your client.
There are signs that this concept of a total change in culture and working patterns is
becoming more popular, with the Law Society survey reporting that 475
alternative business structures (ABSs) were in operation: 116 more than a year earlier making up 5 % of all firms.
Weightmans has
become just the third UK top 50 firm to secure an
alternative business structure (ABS) licence.
The retailer, together with two high street firms (John Welch & Stammers and Lawbridge Solicitors Ltd),
became the first Solicitor Regulation Authority (SRA) licensed
alternative business structure (ABS).
Gateley has
become only the second firm in the UK top 50 to secure an
alternative business structure (ABS) licence, allowing the firm to appoint non-solicitors to its membership from 1 January 2014.
The BSB is not yet proposing to authorise
Alternative Business Structures (ABSs)-- entities with non-lawyer owners and managers — but will in 2015 apply separately to the Legal Services Board to
become a licensing authority of ABSs.
This might sound spooky or even scary to many Canadian lawyers but could
become a reality in England and Wales with the launch of
Alternative Business Structures (ABS) under the UK Legal Services Act.
In Canada, the discussion about legal innovation has lately
become bogged down in the debate over
alternative business structures (ABS).
You say that allowing for
alternative business structures would lead to «anti-competitive consolidations, loss of very hard - won independence of the legal profession as lawyers
become the puppets of outside profit seekers, an irreversible compromising of legal ethics, and so on».
With
alternative business structures adding to the competitiveness of the marketplace, this is
becoming increasingly important for all practitioners.
The Stobart Group
became a remarkable example of an
alternative business structure a granted licence to provide legal services.
Hill Dickinson and Kennedys have
become the latest top 50 law firms to confirm plans to convert to an
alternative business structure (ABS), as growing numbers of firms gear up for the «Tesco Law» revolution.
The BSB is not authorising
Alternative Business Structures (ABSs)-- entities with non-lawyer owners and managers — but will soon apply separately to the Legal Services Board to
become a licensing authority of ABSs.
GLENDALE, Calif. --(
BUSINESS WIRE)-- LegalZoom announced today that it has been approved to begin operations as an
Alternative Business Structure (ABS) starting January 7, 2015, pursuant to changes in UK law firm regulations allowing companies to
become licensed as providers of reserved legal activities.
Our goal is to
become a leading global
alternative asset manager, and so we
structured it as this stand - alone real assets
business so that we could take advantage of the full breadth of our expertise.