Can alternative business structures revolutionise the wills & probate world? Daniel Curran investigates
The countdown has begun until the Legal Services Act 2007 (LSA 2007) comes in to force in October. Revolutionising the provision of legal services, the Act is intended to ensure that consumers can access services of better value and quality with ease. Indeed, the uptake of new business models has already been greeted positively by consumers; in a recent YouGov survey, 60% of consumers said they would buy legal advice from big brand names.
This changing legal landscape will be particularly pertinent to the wills and probate sector; one area of law which nearly every member of the public is likely to encounter in their lifetime whether they are writing a will, or they are the beneficiary or executor of a will.
Underpinning the work of solicitors in this sector, are the vital services provided by professional probate genealogists. Working for solicitors, executors, trustees or beneficiaries, these probate professionals identify and trace heirs, in addition to locating beneficiaries under will or intestacy rules.
On the face of it, alternative business structures