A new business venture set up to provide fixed price legal services has said it plans to roll out its offering to the public sector.
Riverview Law - the trading name of LawVest, a prospective alternative business structure – will deliver legal advice through two organisations, Riverview Solicitors and Riverview Chambers.
The business will offer all services within scope on a fixed price basis, with different options for organisations with up to 50 employees and those with up to 1,000 employees. Large corporations will also be offered the chance to outsource their in-house legal function on a fixed price, multi-year contract basis.
LawVest chief executive Karl Chapman said: “We are very interested in providing the public sector with fixed price access to legal services. We believe the model we’ve created is well suited to the public sector, particularly in the current financial climate, and we are focusing appropriate business development in this area.”
Chapman added: “Some law firms have already said to us that it won’t work because it’s impossible to deliver comprehensive fixed pricing. Our response is simple: ‘Maybe you can’t deliver fixed pricing, but we can.’”
A dozen QCs and more than 30 other barristers will provide advice through Riverview Chambers.
They include Richard Lissack QC of Outer Temple, Stephen Tromans QC of 39 Essex Street, Keith Morton QC of Temple Garden Chambers. Many of the barristers taking part will remain members of their existing sets, while some will be employed by Riverview Law.
Riverview Solicitors, which will focus on routine day-to-day advice, is headed by senior partner Andrew Reeves.
The shareholders in LawVest include law firm DLA Piper and outsourced HR business AdviserPlus.