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The Bar Standards Board is prepared to regulate entities that do not have any barrister owners, it decided last week. The shift comes shortly after the Solicitors Regulation Authority granted an alternative business structure licence to a chambers – the first without a solicitor owner.

The Legal Services Board has been critical of the length of the time the Solicitors Regulation Authority has taken to approve alternative business structures, it has emerged.

Manchester-headquartered alternative business structure Horwich Farrelly has headed south to launch an office in the City of London. The specialist insurance litigation law firm estimates that the new office will generate up to £2m of income in its first year.

A London chambers has become the first alternative business structure licensed by the Solicitors Regulation Authority that does not have any solicitors. Richmond Chambers LLP is a niche immigration set that focuses on direct access work.

The viability of using alternative business structures as a means to offer criminal legal services under the government’s price competitive tendering scheme is questionable, a report by consultants Deloitte has warned.