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December 2009 |
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Barristers have been given the go-ahead to supply legal services within new business structures. On 20 November the Bar Standards Board (“BSB” ) approved the creation of legal disciplinary practices (“LDP”) and, in principle, barrister-only partnerships (“BoP”). Barristers will be free to become managers of LDPs, regulated by the Solicitors’ Regulation Authority, without having to requalify as solicitors. The decision applies only in principle to LDPs which include up to 25 per cent non-lawyer managers.
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