NEWS CONTENT

The Integration of Legal Services within Systech International

December 19, 2011

The next phase in the integration of legal services within Systech International is almost upon us.

Systech has always been aware of the benefits of a single source and co-ordinated commercial, contracts, planning and legal service and the business has now been providing such a service for more than 10 years. This arrangement was formalised in 2007 through the Systech / SLS Solicitors association whilst last year SLS was rebranded as Systech Solicitors.

Systech International is currently planning for the next stage in the process which will see an application being made for Systech Solicitors to operate as an alternative business structure [ABS].

ABS’s are a new form of practice that will allow non-lawyer organisations to provide legal services, and lawyers much greater flexibility in the way they practice. The introduction of ABS’s will allow much wider options in how lawyers and non-lawyers can share the management and control of a business and will allow external investment and ownership of law firms.

The Solicitors Regulation Authority [SRA] has now been granted status as a licensing authority and will be open for applications from 3 January 2011.