Bar Regulator approves fundamental changes
BSB: The Bar Standards Board (BSB), which regulates 14,000 barristers in England and Wales, has today paved the way for fundamental changes in barristers’ working practices by giving approval for barristers to supply legal services through the legal structures known as Legal Disciplinary Practices (LDPs).
The BSB has taken significant decisions in order to open up the legal services market so that consumers have access to even better value, quality, legal services in fulfilment of the Regulatory Objectives of the Legal Services Act 2007.
The BSB is mindful that these decisions are fundamental to the future of the Bar, as it operates in the legal services market, and are likely to be irreversible. One of the BSB’s guiding tenets has been to ensure that whatever changes it makes are in the public interest and the users of legal services in the future should suffer no detriment from their introduction. This has involved careful consideration over a long period of time.