Alternative Business Structures and Licensed Bodies
Before the coming into force of the Act, lawyers in England and Wales could only practice as:
- Solicitors, as sole traders or in partnerships with other solicitors;
- Barristers, as sole traders; or
- Employees providing legal services to their employer.
The Act allows alternative business structures (ABSs) with non-lawyers in professional, management or ownership roles. The Act creates a system whereby approved regulators can authorise licensed bodies to offer reserved legal services (ss.71-111).
As of March 2008, no date is fixed for the coming into force of these provisions and it has been suggested in the press that such structures are unlikely to be created until 2011 or 2012. Further, the extent to which the Bar Council will permit barristers to become involved in the full range of such structures is, as of March 2008, still unclear.
Read more about this topic: Legal Services Act 2007
Famous quotes containing the words alternative, business, structures and/or bodies:
“Our mother gives us our earliest lessons in love—and its partner, hate. Our father—our “second other”Melaborates on them. Offering us an alternative to the mother-baby relationship . . . presenting a masculine model which can supplement and contrast with the feminine. And providing us with further and perhaps quite different meanings of lovable and loving and being loved.”
—Judith Viorst (20th century)
“All our lives we fought against exalting the individual, against the elevation of the single person, and long ago we were over and done with the business of a hero, and here it comes up again: the glorification of one personality. This is not good at all. I am just like everybody else.”
—Vladimir Ilyich Lenin (1870–1924)
“It is clear that all verbal structures with meaning are verbal imitations of that elusive psychological and physiological process known as thought, a process stumbling through emotional entanglements, sudden irrational convictions, involuntary gleams of insight, rationalized prejudices, and blocks of panic and inertia, finally to reach a completely incommunicable intuition.”
—Northrop Frye (b. 1912)
“Virtue? a fig! ‘tis in ourselves that we are thus or thus. Our bodies are our gardens, to the which our wills are gardeners.”
—William Shakespeare (1564–1616)