Earlier this month, the Solicitors Regulation Authority (SRA) proposed taking non-reserved legal activities within multi-disciplinary alternative business structures (ABSs) out of duplicate regulation. The move is chiefly aimed at alleviating regulatory pressure on multi-disciplinary practices (MDPs) given their relatively low level of interest in becoming an ABS and encouraging more MDPs to enter the market, the authority said on its website.

Kings Court Trust (KCT) recently hosted free CPD seminars for our colleagues in Newcastle, Crawley and Cambridgeshire areas.

A large number of councils across England and Wales are looking to adopt the alternative business structure (ABS) model for their legal departments in a bid to maintain their effectiveness as spending cuts and outsourcing threaten their viability.

More than 300 firms have now obtained a licence to become an alternative business structure (ABS).

The Institute of Chartered Accountants in England and Wales (ICAEW) and the Chartered Institute for Legal Executives (CILEx) will now have powers to license alternative business structures (ABSs) and regulate probate work after their applications to become approved regulators were accepted by Lord Chancellor Chris Grayling last week.

Many people risk leaving their families with hefty tax bills when they die because they are unaware of the current Inheritance Tax (IHT) threshold, according to new research.

We are giving away a free one year licence for LPA Assist software at each of our April seminars, worth £299 each! To qualify for the draw, simply book a place on your chosen seminar by February 28th and attend on the day.

From time to time in taking instruction, you will meet a client for whom testamentary capacity is uncertain. In many cases, you will walk away from the client rather than risk exposing yourselves to any future criticism or scrutiny in court.

The Legal Services Board (LSB) is voicing its support to name the Institute of Chartered Accountants in England and Wales (ICAEW) as a licensing authority for alternative business structures (ABSs), its chairman David Edmonds has said.