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BIALL Supplier of the year 2014
Wildy & Sons Ltd, winner of the 2014 ‘BIALL Supplier of the Year Award’.

Alternative Business Structures: The Regulation of Law Firms

Legal Practice Management, Professional Conduct and Ethics
1. Introduction
2. Applications
3. Registration and recognition
4. Duration and renewals
5. Regulation and compliance
6. Conclusions.

ISBN13: 9781907698156
ISBN: 1907698159
Published: March 2012
Publisher: Law Society Publishing
Country of Publication: UK
Format: Paperback
Price: £77.00

In stock.

The first Alternative Business Structures (ABSs) will be licensed to provide legal services from 6 October 2011. Enabled under the Legal Services Act 2007, ABSs will increase competition in the legal services market, paving the way for new entrants and for third party investment in law firms.

Alternative Business Structures provides businesses with a clear and comprehensive guide to the regulatory requirements and duties for ABSs. A key obligation is for the ABS to institute two new roles, a:-

  • Head of Legal Practice (HoLP) - to be held by a lawyer responsible for ensuring compliance with the terms of the ABS licence
  • Head for Finance and Administration (HoFA) - responsible for accounts compliance.

Furthermore, the legislation builds in protection for externally owned businesses to ensure:

  • 'fitness to own'
  • ring-fencing of the legal part of the business to clarify what is and is not covered by legal regulation
  • duties to comply with regulatory responsibilities, including to the court and to the client, are prioritised above duties to shareholders.

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Wildy’s Book News

Book News cover photo
Vol 20 No 10 Oct/Nov 2015
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Cover: The Wiener Konzerthaus, Vienna
Blog by ‘Wildy' (p.1)
New Titles received in October (pp.6-26)
Wildy Trips 2015 (p.23)
eBook news (pp.28-29)
Forthcoming Publications (p.31)
October Subscription Releases (pp.33-37)
WS&H Publications (pp.39-63)

Book of the Month

Cover of The Hamlyn Lectures 2014: UK, EU and Global Administrative Law: Foundations and Challenges

The Hamlyn Lectures 2014: UK, EU and Global Administrative Law: Foundations and Challenges

Edited by:
ISBN13: 9781107125124
Published: October 2015
Publisher: Cambridge University Press
Country of Publication: UK
Format: Hardback
Price: £64.99

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