Improving access to legal services for small businesses
Forged prior to the banking crisis, the Legal Services Act of 2007 was brought forward to increase competition in the industry by allowing new business models known as “Alternative Business Structures” to provide legal services. This has opened up the legal services market, allowing innovative accountants to register under the scheme and create additional offerings […]
Ownership of Legal Services Gets More Complicated
The ownership and management of legal services in England and Wales is changing, but predictions of the Tesco-ization of the legal profession have not come true – yet.