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From objective medical evidence to ABS code of conduct – AXA calls for radical whiplash action

Whiplash claimants should have to provide objective evidence of injury – such as an MRI scan or x-ray – and not be allowed to claim where symptoms do not manifest themselves after a few days, leading insurer AXA proposed today.

July 16th, 2013 | 1 Comment »

Quindell unveils latest deal but pledges to slow down rate of acquisitions

Alternative business structure Quindell Portfolio plc has unveiled accident rehabilitation and medical reporting company React and Recover Medical Group as its latest addition – but indicated that it will slow down the pace of acquisition that has marked the last year of operation.

July 2nd, 2013 | Comments Off on Quindell unveils latest deal but pledges to slow down rate of acquisitions

SRA approves first costs specialist ABS

Just Costs has become the first specialist costs practice to become an alternative business structure (ABS) after being awarded its licence by the Solicitors Regulation Authority. The solicitors’ firm has nearly 100 staff based at offices in Manchester, London and Chesterfield.

January 23rd, 2013 | Comments Off on SRA approves first costs specialist ABS

Quindell gains ABS licence and says it can deliver profit under new costs regime

Quindell Portfolio has finally received its alternative business structure (ABS) licence and also predicted that it will be able to operate profitably within the new fixed fees and small claims structure put forward by the government.

December 18th, 2012 | 1 Comment »

Top lawyer warns of “high risk” of mis-selling scandal arising from Jackson

There is a “very high risk of a mis-selling scandal” as a result of the Jackson reforms, a leading claimant lawyer has argued. Former APIL president David Marshall also predicted that under-settlement looks like becoming a fruitful area for professional negligence claims.

November 8th, 2012 | Comments Off on Top lawyer warns of “high risk” of mis-selling scandal arising from Jackson

New MR: full steam ahead with Jackson, but watch out for risks posed by ABSs

There is no doubt that the Jackson reforms will begin as planned in April 2013, the new Master of the Rolls, Lord Dyson, confirmed yesterday in his first speech since taking office. Meanwhile, the judge underlined risks posed by external investment in alternative business structures.

October 19th, 2012 | No Comments »

Accident Line sales up but Abbey still waits for its ABS licence

Sales of Accident Line’s after-the-event insurance products increased by 12% in the first half of 2012, Abbey Protection plc’s interim results have shown. However, plans to expand its legal offering are on hold until it receives its alternative business structure licence.

September 5th, 2012 | Comments Off on Accident Line sales up but Abbey still waits for its ABS licence

Foundations of ABS, CFAs and other key legal regimes under microscope of govt red tape exercise

Many of the regulations underpinning the regulatory regime for legal services – including those designating the Solicitors Regulation Authority and Council for Licensed Conveyancers as ABS licensing authorities – are under the microscope as part of the government’s Red Tape Challenge, it has emerged.

June 1st, 2012 | Comments Off on Foundations of ABS, CFAs and other key legal regimes under microscope of govt red tape exercise

Neuberger: ABSs herald death of hourly billing

Alternative business structures may well herald the demise of hourly billing as legal practice becomes even more competitive, the Master of the Rolls has predicted. Contingency fees and price comparision websites will also play a role.

May 14th, 2012 | Comments Off on Neuberger: ABSs herald death of hourly billing

Government county court reforms assailed from all sides

The government’s plans to reform the county courts have attracted criticism from both claimant and defendant lawyers as well as costs specialists – albeit for different reasons, with the lack of detail a particular bugbear.

May 10th, 2012 | Comments Off on Government county court reforms assailed from all sides