The Solicitors Regulation Authority (SRA) has updated its guidance on the steps law firms are allowed to take to form alternative business structures (ABS) in the run-up to the new model's implementation next year. The SRA this week (29 November) issued an updated version of its guidance ‘Preparing for ABSs' designed to explicitly set out what steps the regulator will allow ahead of the full implementation of ABS in October 2011.
December 01, 2010 at 10:14 AM
1 minute read
The original version of this story was published on Legalweek
The Solicitors Regulation Authority (SRA) has updated its guidance on the steps law firms are allowed to take to form alternative business structures (ABS) in the run-up to the new model’s implementation next year.
The SRA this week (29 November) issued an updated version of its guidance ‘Preparing for ABSs’ designed to explicitly set out what steps the regulator will allow ahead of the full implementation of ABS in October 2011.
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