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Latest News on Alternative Business Structures

Money Talks: ABS activity heating up 20 Feb
The Solicitors Regulation Authority is undoubtedly a little hive of activity at the moment, processing stage one ABS applications. However, they are not alone as preparation for the imminent arrival of Alternative Business Structures is now in full force. Read more...
   
Slater and Gordon purchase Russell Jones and Walker for £54m 10 Feb
Slater & Gordon (S&G), the world’s first listed legal practice, has confirmed its entrance into the UK market by buying law firm Russell Jones and Walker (RJW’s) for £53.8m, subject to the Solicitors Regulation Authority (SRA) granting an Alternative Business Structure licence. Read more...
   
Former PwC Vice-Chairman the chosen one for Irwin Mitchell’s ABS campaign 23 Jan
Irwin Mitchell has announced Glyn Barker, former Vice-Chairman at PricewaterhouseCoopers, as its’ Executive Chairman as the firm pushes on with its plans for alternative business structure (ABS) accreditation. Read more...
   
The calm before the ABS storm 23 Jan
It has been nearly three weeks since the Solicitors Regulation Authority (SRA) opened its doors to Alternative Business Structure applications, with confirmation that around 50 first stage applications have been received. Read more...
   
ABS application process revealed 6 Jan
On the 3rd January, the majority of us returned to work after a restful festive period. But, while many of us gently ease our way back into the old routine, those at the Solicitors Regulation Authority (SRA) don’t have such a luxury as applications for Alternative Business Structures have started flooding in. Read more...
   
ICAEW to apply for ABS licensing right 12 Dec
Following last week’s confirmation that, from 23rd December, the Solicitors Regulation Authority (SRA) will finally become an Alternative Business Structures licensing power, the Institute of Chartered Accountants in England and Wales is now applying for the same rights.Read more...
   
The ABS Advent Calendar 5 Dec
It’s Monday 5th December which means we’re five chocolates into our advent calendars. The countdown to Christmas is well and truly underway; there’s now only 20 days until the big day. But, for those in legal services, there is another countdown, a date that could potentially deliver as plentiful a bounty as Santa’s sack. Read more...
   
ABS is coming, ABS is coming! 25 Nov
Some people don’t consider it Christmas until they see the famous Coca Cola ‘truck’ advert, the one that goes Holidays are coming, holidays are coming! With December speedily approaching, it is only a matter of time. Read more...
   
In-Deed reveals aim to become ‘biggest legal services provider in the country’ 18 Nov
Conveyancing services company, In-Deed, has announced its plan to become the ‘biggest legal services provider in the country’ by purchasing high street law firms to form an alternative business structure. Read more...
   
CLS cranks up ABS plans 11 Nov
Co-operative legal services (CLS) had taken a big leap in its Alternative Business Structure strategy by appointing three bigwigs from TV Edwards to head up the development of a family law operation. Read more...
   
CMCs and law firms partner up in Alternative Business Structures 31 Oct
Claim Management Companies (CMCs) are to seize upon the opportunities of Alternative Business Structures after agreeing to pre-contract deals with law firms. Read more...
   
Irwin Mitchell Gets ABS-ready 26 Oct
As one of the first UK top 50 law firms to announce plans to capitalise on the Legal Services Act, Irwin Mitchell has supported its Alternative Business Structures plans by transferring 81 of its support staff. Read more...
   
Embrace the change that comes with Alternative Business Structures 17 Oct
Someone once said “Nobody like changes except a wet baby”. As dawn breaks on Alternative Business Structures, it appears a phrase that many legal professionals are able to relate to. Read more...
   
“Tesco Law” is born as first Alternative Business Structure licence is approved 11 Oct
Premier Property Lawyers has been awarded the first Alternative Business Structures licence by the Council for Licensed Conveyancers (CLC). Read more...
   
Alternative Business Structures cause differing opinions 3 Oct
A recent study by the Legal Services Board has highlighted many city law firms are not seeing the potential of Alternative Business Structures. Read more...
   
Alternative Business Structures ethics bells begin to toll 26 Sep
The Sole Practitioners Group (SPG) is planning to launch a three-month public relations campaign to raise awareness over forthcoming Alternative Business Structures. Read more...
   
Alternative Business Structure licensing delays branded a “shambles” by industry expert 16 Sep
Professor Stephen Mayson, Director of the Legal Services Institute, has labelled the delay in the Solicitors Regulation Authority’s (SRA) meeting its target date as a “shambles”. Read more...
   
Brokers urged to carry on with ABS plans 18 Jul
Brokers should press on with their plans to create alternative business structures (ABS), despite a possible delay to their introduction, according a leading lawyer. Read more...
   
Growing Interest in Alternative Business Structures 11 Jul
Goldsmith Williams has claimed that many firms are looking to create an Alternative Business Structures (ABS), following its recent one-day conference on ABS and the Legal Services Act. Read more...
   
Brokers waking up to ABS 08 Jul
The mortgage sector’s appetite for Alternative Business Structures (ABS) is on the rise, it was revealed at an industry event. Read more...
   
ABS will shake up market for referral fees 03 Jun
The Legal Services Act, due to come into force in October, could have a profound effect on the payment of referral fees, according to one of the UK’s leading solicitors. Read more...
   
Estate Agents ‘do not understand’ new Tesco Law 25 May
Estate agents are not ready to take advantage of the forthcoming Legal Services Act – the so-called Tesco Law – as they are unaware of the opportunities it presents. Read more...
   
Are brokers burying their heads in the sand? 23 May
A survey carried out by law firm Goldsmith Williams has revealed that 76 per cent of brokers, sampled from Goldsmith Williams’ database, were completely unaware as to what an Alternative Business Structure (ABS) is, leaving them unable to take advantage of the opportunities that will be presented. Read more...
   
Brokers not ready for Legal Services Act 23 May
More than three quarters of the country’s leading brokers are unaware of the huge impact that Alternative Business Solutions (ABS) will have on the mortgage industry. Read more...
   
Goldsmith Williams unveils new event speakers 12 May
Goldsmith Williams has announced the latest industry experts that will speak at its upcoming event which explores the impact that the Legal Services Act will have on the mortgage industry. Read more...
   
Taking the law into your own hands 26 Apr
The introduction of the Legal Services Act on 6 October this year in England and Wales represents one of the biggest shifts the country has ever seen concerning how consumers can access legal help. Read more...
   
The Legal Services Act - Taking the Law into your Own Hands 31 Mar
The mortgage industry isn’t ready to take advantage of the forthcoming Legal Services Act as it is unaware of the opportunities it presents. Read more...
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    Goldsmith Williams did a fantastic job, and was incredibly helpful and flexible at all times. They were great at answering our many queries, as well as chasing various unresponsive third parties to achieve a successful completion of our house purchase. I firmly believe them going beyond the call of duty, there is a strong chance that we would have lost the house.

    Mr Powell - 9/10 - (Purchase)

    January 2012

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