Alternative business structures

 

As of November 2010 legislation was enacted to allow firms to act as alternative Business Structures (ABS). An ABS "is a firm where a non-lawyer:

  • Is a manager of the firm, or
  • Has an ownership-type interest in the firm

A firm may also be an ABS where another body:

  • Is a manager of the firm, or
  • Has an ownership-type interest in the firm."

(source: The Law Society)

Essentially this will encourage large businesses, including retailers, building societies, insurance companies and banks, to offer legal services, a trend seen at the Co-operative.

ABS firms

A list of ABS firms can be found on the Solicitors Regulation Authority website, under register of licensed bodies (ABS).

Graduate opportunities in ABS firms

ABS firms who offer graduate employment include:

Useful links

Useful Information

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