Alternative Business Structures are scheduled for go-live in October 2011, allowing non-lawyer ownership of law firms.

Not only will they impact the way law firms are owned and managed, but more significantly they will be the catalyst which changes the face of legal service delivery.  Legal Edge have worked with ABS organisations and can work with your practice, to advise on what needs to be done today to gear up for the changes and be a step ahead of your competitors.

Early adopters are already working to submit their applications for licensing in Summer 2011.  The rules and regulations are complex however.  Call us for details of our scoping programmes which can assist you decipher:

  • Reserved and Unreserved Legal Activities;
  • The Separate Business Rule;
  • Multi Disciplinary Practices;
  • Assessment of most appropriate regulator for your organisation (there are choices beyond the SRA to consider)

We are always happy to knowledge share.  Call Sally Holdway to chat through the key ABS themes you need to consider – 0777 388 0798.

Attention all investors

We speak to many organisations who are interested in the opportunities in law firm ownership which ABSs will offer – whether that looks like creating new law firms, or investing in existing practices.  Contact us for more information and details of next steps.  We can provide a matching service.

If your practice is actively seeking external investment  to secure the future of your firm, or as part of a potential exit strategy then we can assist.

Call us for more information.

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