There has been considerable change in legal practice and the business of law since the introduction of the Legal Services Act 2007.
These legislative changes have really started to make a difference to the way that traditional legal services have been provided to the public, to individual consumers and businesses small and large in the last few years. In addition the Bar has had to cope with the changes brought about by the Bar Standards Board, the launch of the new Handbook and the BSB’s Risk Based Supervision Strategy.
Change and evolution will be constant. Heads of Chambers need to be geared up to deal with what is going on so that you can ensure compliance and exploit these changes for the benefit of chambers and those who make their living there.
Chambers are unique and there is no other similar structure in the legal market. Although nearly all barristers are individuals in private practice and all have their own obligations in terms of compliance, the reputation of chambers is affected by the actions and activities of all members and many if not all chambers have their own brand and of course reputation to look after.
Individual barristers are busy and have to cope with many demands placed on them by clients and courts so it is important for chambers to have a proper structure in place to make sure that legal practice and fee earning can be undertaken efficiently. Processes and knowledge management systems which are efficient and not a drain on scarce resources need to be in place. You need to ensure that all members of chambers can and do comply with the systems that are in place.
It is important for chambers to evolve so that barristers remain in demand and competitive. The bar may well want to compete for more types of legal work and deliver those services in different ways, perhaps in combination with others. It is important for chambers to know what is going on in the market place.
Our Compli team can deliver a flexible package of tailored support, including expert advice and assistance on structure, business management, regulation, complaints-handling, compliance and risk management. Our consultants can deliver bespoke training packages to Chambers, ensuring members are fully aware of their risk and compliance obligations, as well as important regulatory changes which could impact upon the profitability of the business.
Please see the list below for an overview of our core service offerings.