Published online by Cambridge University Press: 08 June 2011
In this article, Nick Jarrett-Kerr examines the long delayed implementation of the ABS structure which is likely to be finally implemented in October 2011. He reviews the plans of some early movers towards ABS and considers the possible benefits to law firms, to external investors and to clients.
1 Jarrett-Kerr NC (2009) Strategy for Law Firms – After the Legal Services Act (Law Society Publishing), Chapter 6. In this Chapter I set out some 15 models of ABS which might be utilised by law firms or by external investors, and the strategies behind each of the models