Alternative Business Structures (ABS) in UK Legal Market – High Street and Specialist Firms Grasp the Opportunities
In advance of the ABS launch earlier this year, many felt that big brands from outside the legal market would use the ABS model to enter the legal sector. So far, these big brands have largely been conspicuous by their absence, with the exception of the Co-op which was already offering legal services (and brands like the AA and Saga plus one or two insurance companies which have signalled their intentions to become ABS). However, a number of high street firms and specialist law firms have adopted the ABS model.
David Mort reviews trends to October 2012 at: