Holyrood paves the way for ABS legislation

#Detailed proposals for the introduction of alternative business structures (ABS) in the Scottish legal market will be drawn up following a Holyrood debate. The Scottish government’s justice secretary Kenny MacAskill introduced a parliamentary debate that will pave the way for legislation on ABS. Last month members of the Law Society of Scotland voted in favour of the structures (The Lawyer, 23 May).

First reported on TheLawyer.com, 11 June