Barristers interested in new business structures, BSB survey shows – Bar Standards Board

Posted July 12th, 2010 in alternative business structures, barristers, press releases by sally

“The results of a recent survey of the profession show that the vast majority (over 80%) of barristers want the Bar to remain as a separate and independent legal profession, regulated by the Bar Standards Board (BSB), with 35% likely to join new business structures within 5 years if these are permitted.”

Full press release

Bar Standards Board, 12th July 2010

Source: www.barstandardsboard.org.uk

Bar Council Chairman – “We’re on the precipice of change” – The Bar Council

“Nicholas Green QC, the Chairman of the Bar Council, which represents over 15,000 barristers in England and Wales, has told barristers that the profession is ‘on the precipice of change’ in his address to the Bar Council’s Annual Remuneration Conference.”

Full story

The Bar Council, 22nd June 2010

Source: www.barcouncil.org.uk

Bar must step up competition with solicitors, chairman warns – Law Society’s Gazette

“The bar must embrace direct access to the public to compete in a system that has been ‘calibrated and designed to hand the entire legal aid pot to solicitors’, the Bar Council chairman said last week.”

Full story

Law Society’s Gazette, 14th June 2010

Source: www.lawgazette.co.uk

Coalition government to review legal services reforms – Law Society’s Gazette

“The coalition government is reviewing key reforms to legal complaints handling and the introduction of alternative business structures, as part of a wider review of regulatory measures inherited from the previous administration.”

Full story

Law Society’s Gazette, 10th June 2010

Source: www.lawgazette.co.uk

What alternative business structures mean for the legal profession – The Guardian

Posted June 9th, 2010 in alternative business structures, legal services, news by sally

“Soon, perhaps as early as October next year, provision of legal services in England and Wales is set to change radically with the introduction of alternative business structures (ABS). Ownership of legal services providers – currently restricted to lawyers – will be open to anyone deemed ‘fit or proper’. This could be an insurance company or a supermarket – hence the sobriquet ‘Tesco law’.”

Full story

The Guardian, 9th June 2010

Source: www.guardian.co.uk

Bar rules delay blamed for low LDP take-up – Law Society’s Gazette

Posted May 28th, 2010 in alternative business structures, barristers, law firms, news by sally

“The delay in the relaxation of rules preventing barristers from entering law firm partnerships has been blamed for the low take-up of the first wave of new legal business structures.”

Full story

Law Society’s Gazette, 27th May 2010

Source: www.lawgazette.co.uk

Bar Council Welcomes BSB’s Decisions on New Practice Structures – The Bar Council

Posted November 23rd, 2009 in alternative business structures, barristers, news by sally

“The Bar Council has today welcomed the decisions taken by the Bar Standards Board (BSB) which will permit members of the Bar to supply legal services within new business structures. The BSB has approved the creation of Legal Disciplinary Practices (LDPs) and Barrister only Partnerships (BoPs). Any wider decision to permit barristers to work in Alternative Business Structures (ABSs) will be deferred until the effects of the transitional LDP regime can be assessed and following further consultation in 2010.”

Full story

The Bar Council, 20th November 2009

Source: www.barcouncil.org.uk

Bar regulator rapped by Legal Services Board over ABSs – Law Society’s Gazette

Posted September 4th, 2009 in alternative business structures, barristers, news by sally

“The bar’s regulator has been accused of engaging in a ‘sterile debate’ over alternative business structures by oversight body the Legal Services Board.”

Full story

Law Society’s Gazette, 3rd September 2009

Source: www.lawgazette.co.uk

Bar Standards Board warning over ABSs – Law Society’s Gazette

Posted September 1st, 2009 in alternative business structures, barristers, legal services, news by sally

“The Bar Standards Board (BSB) has said it would be ‘wrong’ to allow barristers to join alternative business structures (ABSs) without evidence of whether all forms of the new structure are ‘compatible with the regulatory objectives’ of the Legal Services Act 2007, or necessary for the benefit of consumers.”

Full story

Law Society’s Gazette, 28th August 2009

Source: www.lawgazette.co.uk

Bar Council Urges Caution Over Alternative Business Structures – The Bar Council

Posted August 17th, 2009 in alternative business structures, barristers, news by sally

“The Bar Council has today published its response to the Legal Services Board’s wide-ranging discussion paper on Alternative Business Structures (ABS). The response from its Working Group on ABS reflects the Bar Council’s support for a pragmatic and proportionate approach to the liberalisation of the legal services market, as envisaged by Sir David Clementi in his review of legal services in England and Wales.”

Full story

The Bar Council, 14th August 2009

Source: www.barcouncil.org.uk

Law firms look outside as market prepares for ‘Big Bang’ – The Times

Posted November 25th, 2008 in alternative business structures, law firms, legal services, news by sally

“Four in five law firms expect to join forces with other professionals under the reforms to be introduced by the Legal Services Act, a new survey has found.”

Full story

The Times, 25th November 2008

Source: www.timesonline.co.uk

Top chambers move to benefit from LSA revolution – Legal Week

Posted October 23rd, 2008 in alternative business structures, barristers, legal services, news by sally

“Top chambers including Matrix and Outer Temple are looking at opportunities available through alternative business structures (ABS) as the Legal Services Act (LSA) gains momentum at the Bar.”

Full story

Legal Week, 23rd October 2008

Source: www.legalweek.com