Barristers take advantage of ABS

By Julia Duke

11 June 2013 at 12:30 BST

The Solicitors Regulation Authority (SRA) has approved the first barrister-led practice for an alternative business structure (ABS).

The family bar is 61 per cent female, whereas all other areas of the bar are male-dominated

London based Richmond Chambers, which specializes in immigration law, will seek to use its new status to attract an international clientele.The Law Gazette reports that the practice currently offers legal advice and representation to the public by providing direct access.

Double regulation

Richmond Chambers will now operate under regulation from both the Bar Standards Board and the SRA, according to the Law Gazette. Paul Richmond, the principal barrister, said that clients would prefer a regulated entity over a regulated individual. Richmond claims that the changes will provide flexibility in the work place and job security.


Also read...

"Dishonest and duplicitous" behaviour of counsel costs Merck its $200 million payday

The "dishonest and duplicitous" behaviour of counsel barred a patent claim and ends the biggest-ever US pharma case.