A law firm offering a new style of service has been established by the former Mercedes-Benz legal chief Iain Larkins.
Radius Law was established on September 1.
Larkins (pictured) said: "Law firms rarely offer commercial advice and legal services are just too expensive. My promise is to fix these woes with no legal jargon, just straightforward advice."
To address the costs issue Larkins says that he has changed the traditional law firm model by stripping out the non-value added costs.
The firm’s lawyers operate from their homes so there are no real estate costs and he has a limited company structure to remove the bureaucracy and cost that comes with managing a partnership.
"The biggest saving will come from the commercial judgement. If we focus on the important factors rather than the irrelevant detail, the client gets the advice it needs and is not charged for the stuff that’s not important."
The firm has no time recording systems so there is no minute spent billing.
Fees are typically agreed in advance so clients have certainty of cost.
Larkins was with Mercedes-Benz for 14 years and was responsible for most of its UK businesses including wholesale, retail and financial services.
He was part of the senior management team that established its own retail business, he saw two rounds of the motor vehicle block exemption and most recently defended the Office of Fair Trading’s investigation into the commercial vehicle sector.
More information at www.radiuslaw.co.uk.