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).

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.
 

 
   
 
 
 

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