The Law Society has warned it is ready to challenge the Legal Services Board's (LSB's) attempts to regulate Alternative Business Structures (ABS), it has emerged. The Law Society has raised concerns at the overarching legal regulator's plans to implement and regulate ABS, with Chancery Lane concerned about the LSB's 2011 deadline to have the model fully operational.
May 28, 2009 at 01:58 AM
1 minute read
The original version of this story was published on Legalweek
The Law Society has warned it is ready to challenge the Legal Services Board’s (LSB’s) attempts to regulate Alternative Business Structures (ABS), it has emerged.
The Law Society has raised concerns at the overarching legal regulator’s plans to implement and regulate ABS, with Chancery Lane concerned about the LSB’s 2011 deadline to have the model fully operational. 
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