Practice and Procedure

ABSs: really the start of a new legal age?

PUBLISHED March 1, 2012

Creating new structures to free lawyers to innovate will be futile if law firms are unable to focus on client needsAlmost every week from the start of this year we?ve seen stories of new legal business models emerging as the Solicitors Regulation Authority prepares to grant licences for new types of legal business, so-called ?alternative business structures? (or ABSs), encouraging innovation away from the traditional legal model.