Examining the impact of ABSs on the legal sector

Venue: London

Location: London, United Kingdom

Event Date/Time: Sep 26, 2012 End Date/Time: Sep 26, 2012
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"The tentacles of ABSs spread to many other areas and will impact directly on you" says chairman of the SRA, Charles Plant.

Whether you like it or not, alternative business structures will affect your firm and it is essential to prepare your business for the changes that lie ahead. The first ABS was authorised in October 2011 and the Solicitors Regulation Authority has now licensed its first ABSs.

Adaptation is the key to survival and the evolving legal landscape presents a versatile number of opportunities and challenges to be taken note of. ABSs are increasing the level of competitiveness in the legal market and even firms with no intentions of changing their position need to have a comprehensive understanding of the impact ABSs will have. Your firm's sustainability in this challenging environment is dependent on the development of a strategy to maintain its competitive edge over others.

This masterclass will provide you with an understanding of the impact that ABSs will have on the legal market and help you determine your firm’s position in this changing legal landscape. It will equip you with the tools to develop and implement a strategy for your firm to effectively deal with the impact of alternate business structures.