Alternative Business Structures
GPTKB entity
Statements (23)
Predicate | Object |
---|---|
gptkbp:instanceOf |
legal structure
|
gptkbp:allows |
external investment
non-lawyer ownership |
gptkbp:alsoKnownAs |
ABS
|
gptkbp:contrastsWith |
traditional law firms
|
gptkbp:feature |
alternative ownership models
multidisciplinary practices |
gptkbp:firstLicensed |
2012
|
https://www.w3.org/2000/01/rdf-schema#label |
Alternative Business Structures
|
gptkbp:impact |
market innovation
new legal service providers |
gptkbp:introducedIn |
England and Wales
|
gptkbp:mayInclude |
corporate owners
non-lawyer managers |
gptkbp:permittedIn |
gptkb:Legal_Services_Act_2007
|
gptkbp:purpose |
increase competition
improve access to legal services |
gptkbp:regulates |
gptkb:Solicitors_Regulation_Authority
gptkb:Council_for_Licensed_Conveyancers |
gptkbp:subject |
regulatory approval
|
gptkbp:usedIn |
legal services industry
|
gptkbp:bfsParent |
gptkb:Legal_Services_Act_2007
|
gptkbp:bfsLayer |
7
|