Tesco law conversions gather pace as SRA ends ABS year one with spate of approvals
Knights Solicitors, Quindell Legal Services (QLS) and Cherie Booth QC's legal consultancy Omnia Strategy were among a raft of alternative business structure (ABS) conversions approved in December, with a string of applications rubber-stamped as the year drew to a close. The Solicitors Regulation Authority (SRA) ratified 23 applications during the last month of 2012, significantly hiking the number of licences awarded since the application process opened in January last year. The December tally equates to 37% of all the licences awarded since March 2012, with a total of 62 ABS conversions now approved by the SRA.
Knights Solicitors and Cherie Booth QC’s Omnia Strategy among 23 granted ABS status in December
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