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The Legal Services Board has approved the Bar Standards Board’s application to license alternative business structures (ABS).
The decision came 11 months after the application was submitted. The BSB intends to begin its ABS application process from October 2016, but that cannot happen until the designation has been approved by the Lord Chancellor and the necessary legislation put in place.
BSB-licensed ABSs will allow lawyers and non-lawyers jointly to own and manage businesses that provide reserved legal activities.
The BSB intends to license advocacy-focused ABSs whose activities are broadly similar to those of self-employed barristers.
Welcoming the announcement, BSB director of supervision, Oliver Hanmer, said: ‘It is testament to our desire to encourage innovation and competition and to improve access to justice within the legal services market.’
The Legal Services Board has approved the Bar Standards Board’s application to license alternative business structures (ABS).
The decision came 11 months after the application was submitted. The BSB intends to begin its ABS application process from October 2016, but that cannot happen until the designation has been approved by the Lord Chancellor and the necessary legislation put in place.
BSB-licensed ABSs will allow lawyers and non-lawyers jointly to own and manage businesses that provide reserved legal activities.
The BSB intends to license advocacy-focused ABSs whose activities are broadly similar to those of self-employed barristers.
Welcoming the announcement, BSB director of supervision, Oliver Hanmer, said: ‘It is testament to our desire to encourage innovation and competition and to improve access to justice within the legal services market.’
Far-ranging month for the Chair of the Bar
Endometriosis Awareness North, a charity raising awareness of endometriosis and supporting those affected across the North of England, has received a £500 boost from AlphaBiolabs via the company’s Giving Back initiative
Marie Law, Director of Toxicology at AlphaBiolabs, examines the most recent data on alcohol misuse in the UK, and the implications for alcohol testing in family proceedings
Clement Cowley, Partner at The Penny Group, explains how tailored financial planning can help barristers take control of their finances and plan with confidence
Marie Law, Director of Toxicology at AlphaBiolabs
A £500 donation from AlphaBiolabs has been made to the leading UK charity tackling international parental child abduction and the movement of children across international borders
Seeing the full picture – Baljit Ubhey OBE outlines the CPS action plan to tackle violence against women and girls, offering insights directly relevant to courtroom practice
Heritage as an anchor and a compass, finding our common humanity and embracing the power of the outsider – Melina Antoniadis’s lessons learnt
Is the Judicial Conduct Investigations Office process fit for purpose? Women barristers’ experiences of bullying are not being reported or, if they are, they are not making it through the system, says Tana Adkin KC
Review by Daniel Barnett
Chair of the Bar reports back