Cardiff-based firm NewLaw has confirmed it is among 44 ?organisations that have so far applied for alternative business structure status through the Solicitors Regulation Authority.
The personal injury firm, established in 2004, submitted its application last week when the SRA became a licensing authority.
NewLaw, which last year began moving towards a corporate management structure, has 270 staff, 65 of whom are solicitors. It said it now wants to take advantage of changes to the legal profession.
News | Law Gazette