The Scottish legal market is set to allow firms to adopt Alternative Business Structures (ABS), it was announced yesterday (22 May), following a special debate at the Law Society of Scotland's annual general meeting. The debate saw Scots solicitors give their backing to proposals allowing the introduction of the new structures, paving the way for external ownership of law firms as well as partnerships between solicitors and non-solicitors.
May 23, 2008 at 09:04 AM
1 minute read
The original version of this story was published on Legalweek
The Scottish legal market is set to allow firms to adopt Alternative Business Structures (ABS), it was announced yesterday (22 May), following a special debate at the Law Society of Scotland’s annual general meeting.
The debate saw Scots solicitors give their backing to proposals allowing the introduction of the new structures, paving the way for external ownership of law firms as well as partnerships between solicitors and non-solicitors.
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