The introduction of the Alternative Business Structure may be very daunting for someone studying law. Introduced by the Legal Services Act, it's purpose is to allow other business or companies to create their own legal sectors for example "Tesco Law". This is because 80% of the work carried out in law firms no longer require authority to do so and therefore falls outside the six catergories of reserved legal work.
I can see the reasons as to why this is a good thing. It is good for the public as they will have more access to legal aid and help, however, it can be restrictive on many law firms as the law does not allow law firms to expand into having their own business sectors or stores etc. How is this a level playing field?
Kerry Underwood stated that ABS is about "the wholesale abolition of the legal proffession". This is because ABS companies will have to deliver reserved activities just like law firms. However, what will become of reserved and unreserved legal activties in the future i think will definately affect how law firms will be affected by ABS
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