Alternative Business Structures
The Bar Standards Board has been regulating licensed bodies, also known as Alternative Business Structures (ABSs), since April 2017. An ABS is an entity that is owned and managed jointly by authorised and non-authorised persons (lawyers and non-lawyers).
This year, the Bar Council updated its guidance for practitioners who are considering setting up an entity regulated by the Bar Standards Board, including a new section focusing on ABSs.
Contact and further information
The Bar Council
289-293 High Holborn