Alternative business structures: A quick fix?

Since the prospect of alternative business structures was first introduced by the Legal Services Act in 2007, the liberalisation of law firm ownership has been controversial. Championed by those who claimed reforms would allow insurers to provide a range of legal services in a more cost-effective manner, ABSs have been dogged by suggestions they could be exploited to the detriment of the end customer.

As the Transport Select Committee launches an investigation into the models, Post finds out whether the existing structures are being used as a ‘quick fix' for lost revenue.