Alternative Business Structures – an update
The Solicitors Regulatory Authority published a report in January 2013 on progress with ABS during its first year. This shows that the pace of applications for and approvals of ABS licences has quickened. Of the 70 or so approvals granted by January 2013, 40 were approved over the months before that date.
Evidence that the approval rate is not slackening can be seen in the announcement at the beginning of March 2013 of the licence granted to BT Law Ltd. This is stated to bring the total of approvals to over 100.
Information from the SRA is at http://www.sra.org.uk/sra/news/press/abs-one-year-on.page
Information about BT Law Ltd is at http://www.btplc.com/news/articles/showarticle.cfm?articleid={2a29c4bb-5c5b-4ef3-861f-7c00a0c6653b}
The full register of ABS approvals is at http://www.sra.org.uk/absregister/
Hi Martin, this is Wahid. I am in London actually. I just did the public law exam on Saturday. For me as someone who is training to be a lawyer in the UK it is not easy to qualify as a solicitor or barrister but I still feel it is fine. The CILEx route is acceptable. There need to be a decent entry standard to the legal profession. Wish to know your views on the ABS.Thank you.
A Wahid Mohamed Dawood
March 11, 2013 at 5:00 am
I agree the Cilex route is fine. ABS will transform legal service provision
lwtmp
March 18, 2013 at 9:37 am