National Accident Helpline sets up second ABS
By Max Walters
Claims firm National Accident Helpline has set up a second alternative business structure.
The new ABS – National Law Partners – has been created in partnership with solicitors’ firm Lyons Davidson and will be based in Kettering and Cardiff. It will begin trading next month.
Earlier this year, NAH said it planned to take an ownership interest in firms providing legal services and would enter into a joint venture to take a share of profit and play a more ‘proactive role’ in the entire conduct and financing of a case. NAH said at the time that the move would allow it to manage a ’forthcoming period of demand uncertainty’ in the wake of reforms to personal injury.
This was followed in July by the news that NAH had set up its first ABS with the creation of Your Law – formed in association with NewLaw solicitors.
Simon Trott, NAH managing director, said: ‘We are delighted to have established National Law Partners – our second ABS – with Lyons Davidson, a firm which shares our vision for growth and customer-centred ethical approach. These new ventures will enable us to help more people make it right for them when they go wrong through no fault of their own. At the same time we continue to invest in services for our panel law firms, which remain core to our growth strategy.’
Michelle Lennaghan, director of Lyons Davidson, added: ’This new venture will benefit consumers by combining the strengths of NAH and Lyons Davidson in offering high-quality legal advice to consumers.’
(Law Society Gazette)