Consumers in England and Wales will find solicitors more competitive, more efficient and easier to access as new High Street providers are announced today.
Today three firms have been given approval to operate as Alternative Business Structures (ABSs) including Co-operative Legal Services, Lawbridge Solicitors Ltd and John Welch and Stammers,
ABSs remove existing restrictions on legal firms allowing them to offer more competitive services to customers by joining up with other businesses, such as high street shops, banks and supermarkets, to offer legal services alongside other products.
To mark the occasion Justice Minister Jonathan Djanogly visited Co-operative Legal Services Headquarters in Bristol.
‘This is a huge milestone for UK legal services and the future of Alternative Business Structures.
‘ABSs introduce more competition in the market place, delivering competitive pricing, higher standards of product and more choice for the consumer.
‘Our UK legal services are unrivalled around the world and these changes will allow them to reach new heights, as solicitors’ firms develop new markets, seek external investment and join up with other businesses to offer different products to consumers and provide opportunities for growth’