AA granted alternative business structure licence by SRA to operate own legal services business
The AA has fulfilled the expectation of many industry commentators by the granting of an alternative business structure (ABS) licence by the Solicitors’ Regulation Authority (SRA), to operate its own legal services business.
The new business, to be called AA Law, is a joint venture with Lyons Davidson and will start trading on 1 December 2013.
At a time of major changes to the legal landscape, the AA has long been named as an organisation likely to take advantage of the ABS legislation that was announced in 2011.
The AA is expected to announce the creation of its new law service: AA Law, before the end of the year.
This is a goal we have been working towards ever since ABS was announced and I’m delighted that we have been able to do this with the expertise of the widely-trusted law firm, Lyons Davidson
Janet Pell, head of AA Law
Janet Pell, head of AA Law, says: “This is a great step forward for the AA.
“This is a goal we have been working towards ever since ABS was announced and I’m delighted that we have been able to do this with the expertise of the widely-trusted law firm, Lyons Davidson."
This is also a logical extension of the legal documents we already host on the AA’s website, which provides customers with easy access to legal recourse on a host of issues.
AA Law will quickly become a trusted and accessible resource for legal advice and will enable us to protect our customers from excessive legal costs.
AA Law will initially handle personal injury and other litigation associated with car accidents suffered by AA members and customers, thus reducing reliance on a panel of law firms. Employment and contract services are likely to be added as a natural evolution of the new business.
Mark Savill, managing director of Lyons Davidson says: 'We are delighted to be expanding our relationship with The AA and its members through this strategic partnership.
“The ABS will allow us to provide a seamless service for the AA's members should they be in a car accident. It also opens up the opportunity to provide AA members with a wider range of affordable legal services which can be accessed through AA Law.”
The AA is often asked by home insurance customers for advice in dealing with legal issues such as conveyancing or wills – and we plan to expand into offering services such as these as well.
(5 November 2013)