Archive for the ‘alternative business structures’ Category

Are We Seeing the Real Multidisciplinary Practices Emerge?

Wednesday, May 13th, 2015 at 11:05

(thanks to nierodzim) EY Law has hired partners from Baker & McKenzie and Weil Gotshal & Manges to join its financial services practice. They combine with lawyers from Freshfields, BLP and Addleshaw’s. It makes sense, and since the SRA is easing its rules on forming ABS and therefore becoming an MDP, that the big accounting […]






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New York Begins to Relent on Opposition to UK Liberalization of Legal Market

Monday, April 1st, 2013 at 09:30

(thanks to nymag.com) I’m in the US right now and I have been keeping track of developments in New York on their supposed opposition to nonlawyer ownership of law firms. This is, as you know, to resist the incursion of UK law firms who have converted to Alternative Business Structures and taken external investment. The […]






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The Legal Services Act Takes Off in the US?

Sunday, April 1st, 2012 at 09:00

  (Concatenation by silentmute, with thanks) There has been an interesting concatenation of events recently. The first Alternative Business Structures (ABS) were licensed this week with the Cooperative Legal Services (=Tesco Law) among them. Rather more prosaically and conservatively the New York State Bar Association finally decided to prohibit US law firms from taking external […]






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Fighting Between Accountants and Lawyers Breaks Out on Damp Squib Day!

Saturday, October 8th, 2011 at 20:24

A real fight has broken out between accountants and lawyers (reported in Accountancy Age) and it’s going to be bloody. That’s the sort of thing that happens on damp squib day (October 6, 2011) when alternative business structures don’t quite happen. The chief executive of the Institute of Chartered Accountants for England and Wales, Michael […]






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Damp Squib Day…

Thursday, October 6th, 2011 at 15:07

Damp squib day or bad firework day…. This was meant to be the Big Bang of legal services when the thrillingly named Alternative Business Structures took off into the stratosphere. Not even a fizzle. This is because the Solicitors Regulation Authority and the Ministry of Justice can’t get their act together. So while we shall […]






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