Big bang effect of ABS

The Alternative Business Structure, introduced under the LSA, could reshape accounting firms, says Paul Dipple

This October saw the arrival of the much discussed Legal Services Act 2007 (LSA). The LSA, dubbed the ‘big bang’ for the legal sector, will undoubtedly have wide implications for law firms throughout the country. However, despite its name, the LSA looks set to have far reaching effects on the delivery of all professional services in the UK. The result is likely to be a whole new set of commercial and career opportunities – as well as challenges – for the nation’s accountants.

In ess

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