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Will 2014 be a good year for ABS activity?

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Published on: 05 February 2014

Published by a LexisNexis Practice Compliance expert

Table of contents

Original news
Why has ABS activity been fairly limited so far?
What advantage can an ABS structure offer law firms?
How can the barriers within the traditional partnership model be resolved?
What type of deal is the PE market place looking for?
Why have deal-flow drivers had an impact in the personal injury sector?
Why do you expect a second wave of ABS activity in 2014?

Article summary

Practice Management analysis: The Solicitors Regulation Authority (SRA) has issued 218 licences since it started to accept applications from firms wanting to offer legal services as Alternative Business Structures (ABS). George Bull, head of the professional practices group at Baker Tilly, explains why we are still waiting for the impact two years on.

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