What alternative business structures mean for the legal profession – The Guardian
“Soon, perhaps as early as October next year, provision of legal services in England and Wales is set to change radically with the introduction of alternative business structures (ABS). Ownership of legal services providers – currently restricted to lawyers – will be open to anyone deemed ‘fit or proper’. This could be an insurance company or a supermarket – hence the sobriquet ‘Tesco law’.”
The Guardian, 9th June 2010
Source: www.guardian.co.uk