*/
Barristers will find out in November if they can become managers or shareholders of Legal Disciplinary Practices (“LDPs”).
By then, the Bar Standards Board (“BSB”) will have analysed further research it commissioned into the regulatory implications of the new structures, which are being introduced under the Legal Services Act 2007.
It will decide whether barristers can be managers of LDPs, and what restrictions should apply; whether barristers can be shareholders; whether barristers can be both managers of LDPs and independent practitioners; whether barrister-only partnerships will be allowed; and whether barristers can practise through barrister-only companies and LLPs.
The BSB will then consult further on whether it should become a regulator of the new business structures, looking at the cost implications and the likely take-up by barristers. A Legal Services Board (“LSB”) spokesperson said: “We don’t comment on hypothetical questions, but nobody should be in any doubt about our commitment to the statutory objective of encouraging competition, which also bites on the Bar Council. “Removing anti-competitive restrictions, which fetter the creativity of barristers and chambers seems to us central in achieving that.”
It will decide whether barristers can be managers of LDPs, and what restrictions should apply; whether barristers can be shareholders; whether barristers can be both managers of LDPs and independent practitioners; whether barrister-only partnerships will be allowed; and whether barristers can practise through barrister-only companies and LLPs.
The BSB will then consult further on whether it should become a regulator of the new business structures, looking at the cost implications and the likely take-up by barristers. A Legal Services Board (“LSB”) spokesperson said: “We don’t comment on hypothetical questions, but nobody should be in any doubt about our commitment to the statutory objective of encouraging competition, which also bites on the Bar Council. “Removing anti-competitive restrictions, which fetter the creativity of barristers and chambers seems to us central in achieving that.”
Barristers will find out in November if they can become managers or shareholders of Legal Disciplinary Practices (“LDPs”).
By then, the Bar Standards Board (“BSB”) will have analysed further research it commissioned into the regulatory implications of the new structures, which are being introduced under the Legal Services Act 2007.
Chair of the Bar reports back
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
Marie Law, Director of Toxicology at AlphaBiolabs, outlines the drug and alcohol testing options available for family law professionals, and how a new, free guide can help identify the most appropriate testing method for each specific case
By Louise Crush of Westgate Wealth Management
Marie Law, Director of Toxicology at AlphaBiolabs, examines the latest ONS data on drug misuse and its implications for toxicology testing in family law cases
A career shaped by advocacy beyond her practice, and the realities of living with an invisible disability – Dr Natasha Shotunde, Black Barristers’ Network Co-Founder and its Chair for seven years, reflects on a decade at the Bar
The odds of success are as unforgiving as ever, but ambition clearly isn’t in short supply. David Wurtzel’s annual deep‑dive into the competition cohort shows who’s entering, who’s thriving and the trends that will define the next wave
Where to start and where to find help? Monisha Shah, Chair of the King’s Counsel Selection Panel, provides an overview of the silk selection process, debunking some myths along the way
Do chatbot providers owe a duty of care for negligent misstatements? Jasper Wong suggests that the principles applicable to humans should apply equally to machines
There is no typical day in the life as a Supreme Court judicial assistant, says Josephine Gillingwater, and that’s what makes the role so enjoyably diverse
