Setting up as an ABS allows a firm to have non-lawyers in its ownership and management structure. This can bring in key people with valuable experience and skills. The non-lawyer can be involved through investment or as a partner or director.
An ABS arrangement can work well where:
We welcome applications from prospective firms whose:
For more information please contact Giles Probert on 01234 845 759 or at giles.probert@cilexregulation.org.uk
Or read more about our basic principles for applicant firms