CILEx grants first ABS licence

CILEx Regulation has licensed its first alternative business structure (ABS). TI Law Ltd was licensed by CILEx Regulation in September. The firm will offer a full range of probate services to clients to complement its existing wills and bereavement activities within its wider group. The group is an employee-owned trust, and is therefore unable to apply for authorisation as a conventional law firm. Becoming an ABS with CILEx Regulation means previously outsourced probate work can now be completed in-house, expanding its reach.