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Our series catching up with the new breed of alternative business structures profiles Red Bar, the first start up ABS and a law firm offering early access to barristers, and how a no-nonsense approach to payment is aiding big expansion plans.

Online barrister service myBarrister last week exceeded its target of raising £150,000 through crowd-funding. It has now raised more than £163,000 in just over two months from 65 individual investors – the largest of whom has put in £50,000.

Artesian Law, the barrister-led legal disciplinary practice, is set to double in size after 18 months in business by actively recruiting associate members in order to expand beyond its mainstay of criminal legal aid work.

The number of in-house lawyers has not been affected by the economic crisis and alternative business structures (ABSs) offer general counsel an opportunity to expand their services, according to the Law Society.

Barristers could end up uninsured and in financial hardship if they agree to variations of their new standard terms of contract recommended by the Law Society, the Bar Council has warned. It said it was “surprised and disappointed” at the tone of Chancery Lane’s practice note.