Tag Results
BSB unveils blueprint to become specialist regulator of advocacy businesses
Monday, 27 September 2010The Bar Standards Board (BSB) will become a specialist regulator of entities providing advocacy services, if proposals set out today are approved. Under the plans, BSB-regulated entities could not have passive investors, would need a majority of managers who can practise as advocates in the higher courts, and could only have a maximum of either 10% or 25% of non-lawyer managers.
Tags: ABS, Alternative business structures, bar standards board, barrister-only entities, Barristers, LDP, legal disciplinary practice
Posted in Alternative business structures, Barristers, News
“Golden age” of Bar is over but chambers that embrace business can still thrive
Monday, 20 September 2010The “golden age” is over for barristers as the Bar faces falling income and shrinking numbers, a new report has claimed. However, the Bar still has “an enormous amount in its favour”, according to leading legal consultancy Jomati, which also found evidence of a correlation between the best-performing sets and large numbers of QCs and marketing staff.
Tags: Bar Council, bar standards board, Barristers
Posted in Barristers, Market monitor, News
Junior barristers face huge PC fee hike
Friday, 27 August 2010Junior barristers are facing huge rises in their practising certificate fees under reforms unveiled by the Bar Council. Women and black and minority ethnic barristers are set to be disproportionately hit by the increases, although the Bar Council says the waiver system for low earners will offset this.
Tags: Barristers, practising certificate fee
Posted in Barristers, News
Exclusive: barristers want to conduct litigation and join forces with solicitors
Tuesday, 18 May 2010A majority of barristers think they should be able to conduct litigation whether they are working inside “entities”, such as law firms, or whether they are self-employed, according to emerging findings from the Bar Standards Board’s survey of the profession. There was also a majority in favour of extending public access.
Tags: bar standards board, Barristers
Posted in Barristers, Latest news, Market monitor
Stick or twist?
Wednesday, 28 April 2010Until recently barristers have not featured that much in talk about alternative business structures. But the Bar Council’s launch of a corporate vehicle that can be attached to chambers raises some difficult questions that barristers have to address about how they will develop their businesses in the future, and what may become of the junior bar.
Tags: Barristers
Posted in Blog
Barristers set to go head-to-head with solicitors for work with new corporate vehicle
Tuesday, 27 April 2010Barristers were yesterday given the tools to bolt a corporate vehicle onto their chambers which can bid for work, instruct solicitors and also bring clerks and others into ownership roles. The Bar Council’s new business model, dubbed ProcureCo, raises the possibility of barristers competing with solicitors for work.
Tags: Alternative business structures, Bar Council, Barristers
Posted in Alternative business structures, Barristers, Latest news
Blog
Five key issues to consider when adopting an AI-based legal tech
As generative AI starts to play a bigger role in our working lives, there are some key issues that your law firm needs to consider when adopting an AI-based legal tech.
Bulk litigation – not always working in consumers interests
For consumers to get the benefit, bulk litigation needs to be done well, and we are increasingly concerned that there are significant problems in some areas of this market.
ABSs, cost and audits – fixing regulation after Axiom Ince
A feature of law firm collapses and frauds has sometimes been the over-concentration of power in outdated and overburdened systems of control.
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