Referral Fee Ban Does Not Mean You Have to Become an ABS - Simon Gibson, SGI Legal

11/07/14. It’s clear it’s been a bumpy ride for some PI firms these past 18 months. Many have adapted well, those that haven’t have exited the market, or gone bust in defiance. Some legal and insurance firms have gone the extra mile and formed an Alternative Business Structure to ensure work can be passed between them without hindrance. But what if you don’t want to become an ABS? Well, so long as both sides are working hard to ensure choice of service provider remains with the client, agreements can be created that stay on the right side of LASPO, yet retain both the insurer and law firm’s independence...
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