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Franchises for law firms – an alternative worth considering.

According to Chris Kenny, CEO of the Legal Services Board, ABS are now likely to be approved before Christmas. At the same seminar, (8.11.11) run by Smith & Williamson, Giles Murphy (Director of Professional Services) agreed with me that some firms may chose to use separate vehicles to deliver legal services to their clients. There is scope to set up a franchise or separate legal entity without affecting your brand or confusing your existing client base. Face2face offer a very interesting option – so I thought I would let you all have a look at this.

Does your practice sometimes feel like a supertanker?


Is it difficult to change direction quickly to meet changing market pressures?



Why not launch a 'speedboat' alongside?

It is speedy, light, agile, responsive, has a different
character from its parent vessel and much lower running costs

Most Partners know how difficult it is in an established firm to make changes quickly but ABSs will soon bring new competition to the legal services market and even successful firms will feel pressure on their traditional pricing structures and client bases.

What is a 'speedboat' for a law firm?
This is the term coined by us for the concept of an established firm creating a new, streamlined business and running it alongside the existing firm but under a different brand. The 'speedboat' is free from the baggage of the main business and provides a quick and easy way to put a toe in the water of the new market without compromising the main business or its brand. It may be in a different location or operate in a different market from the parent firm.

How does the face2face solicitors franchise help a firm launch a 'speedboat'?
We provide all the components for a new law firm, reducing time, cost and effort in getting started and moving into profit.

Benefits
  • No risk to your existing brand
  • Quick and easy to do with a face2face solicitors franchise 'law firm in a box'
  • Low-cost start-up
  • Lower operating costs
  • Up to date Compliance
  • Grow the business more quickly with face2face solicitors' unique ongoing support and mentoring

For more information on the face2face solicitors franchise:

Tel: 0800 458 6720

P.S. Wondering about an ABS?
A 'speedboat' is your low risk option.
Launch your 'ABS speedboat' with our help.

If you are interested – do let us know and we can help look at how to blend additional structures for delivery into your strategy. There is scope to develop such a franchise under your own brand – or to use face2face, and we have other clients who are looking at this too.