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Income plummets by 24% as BSB regulates smaller than expected number of firms

The Bar Standards Board has reported that its annual income is expected to plummet by almost a quarter (24%) by the end of this financial year, with the smaller than expected number of firms or ‘entities’ that had sought its oversight contributing significantly to the shortfall.

November 30th, 2015 | 1 Comment »

BSB-regulated entities reach 32, with pro bono and solicitor-run start-ups

A Bar Standards Board-regulated entity that challenges unlawful detention is to put on free immigration advice clinics, including one at Yarl’s Wood Immigration Removal Centre. Meanwhile, a north-west BSB entity run by two solicitors hopes to expand its boutique family law practice into overseas private client work.

October 1st, 2015 | No Comments »

Slow off the blocks? BSB regulates fewer firms than expected as ABS launch date slips further

The Bar Standards Board (BSB), which predicted at one point last year that it would authorise 400 firms in 2015, has authorised only 32 in its first four months as an entity regulator, it has emerged. Meanwhile it may not be regulating alternative business structures until later next year.

August 4th, 2015 | No Comments »

Barristers lay out plans for range of new entities

Barristers are looking at creating a wide range of legal businesses – with solicitors, paralegals and others – once the Bar Standards Board’s (BSB) application to become an entity regulator is approved, it has emerged.

July 1st, 2014 | No Comments »

BSB unlikely to regulate ABSs until 2015

The Bar Standards Board (BSB) is unlikely to become an ABS licensing authority until 2015 and will not be regulating non-ABS firms, such barrister-only practices, before October this year, it has emerged.

May 27th, 2014 | No Comments »