The Legal Services Consumer Panel has called into question the existing minimum indemnity cover limit of £500,000 for barristers and called for more research before the limit was extended to firms regulated by the Bar Standards Board.
The Bar Standards Board (BSB) is not expecting the introduction of entity regulation to lead to many barristers joining forces in a single business, it has emerged.
Dr Vanessa Davies, director of the Bar Standards Board (BSB), has made it clear that the regulator will push for more independence in the future.
A barrister portal scheme operated by the North West Legal Consortium, a group of over 30 local authorities, has been condemned as “scandalous” by the Institute of Barristers’ Clerks (IBC).
The Legal Ombudsman has announced that it will be reviewing its internal guidance after a barrister was cleared of misconduct because LeO failed to share information.
Law firms are imposing contracts on barristers they would never sign themselves, the chair of the Institute of Barristers’ Clerks (IBC) has said. One term obliges solicitors only to use their “best endeavours” to pay counsel.
The Bar Standards Board (BSB) and ILEX Professional Standards (IPS) are contacting research organisations to prepare the way for an independent review of advocacy in the youth courts.
Tax barristers who have evidence of colleagues breaking the rules should report it to the Bar Standards Board (BSB), chief executive Dr Vanessa Davies has said.
At present, the main option for a group of barristers wishing formally to collaborate and share profits is to form an SRA-regulated law firm or, if non-lawyer managers are involved, an SRA-regulated alternative business structure (ABS). The impending introduction of entity regulation (and most likely ABSs) by the BSB will tip things on their head and create additional options for entrepreneurial barristers.
The Bar’s disciplinary tribunal was right to fine the head of a pupillage committee at a London chambers who ignored 98 online applications, the Visitors to the Inns of Court have ruled.