header-logo header-logo

Revising the template

27 November 2014 / Stephen Ward
Issue: 7632 / Categories: Features , Profession
printer mail-detail
ward

Stephen Ward explains why the traditional barrister expenses model is under pressure

Traditionally, most barristers unite with other barristers to form an expenses sharing environment because funding rooms, staff, IT and marketing costs individually is simply too costly. Here lies the fundamental problem with the traditional chambers model. All of the items in a budget are a cost and therefore a liability. Staff are therefore commonly considered to be an unnecessary expense rather than an asset.

Difficult decisions

Decision making in many traditional chambers can be a challenge particularly if you have groups of barristers undertaking different areas of law, with different funding schemes and vastly varying hourly rates. Trying to please each member of chambers is almost impossible and leads to negativity, delay in decision making and divisive behaviour. While there may be a huge amount of friendship between barristers within a set, getting agreement on major investment with competing objectives can be tricky, if not impossible. Add to the pot the issue of joint and several liabilities in a chambers constitution—when anyone is free to leave and join another chambers (for whatever

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

NLJ career profile: Liz McGrath KC

NLJ career profile: Liz McGrath KC

A good book, a glass of chilled Albarino, and being creative for pleasure help Liz McGrath balance the rigours of complex bundles and being Head of Chambers

Burges Salmon—Matthew Hancock-Jones

Burges Salmon—Matthew Hancock-Jones

Firm welcomes director in its financial services financial regulatory team

Gateley Legal—Sam Meiklejohn

Gateley Legal—Sam Meiklejohn Premium Content

Partner appointment in firm’s equity capital markets team

NEWS

Law school partners with charity to give free assistance to litigants in need

Magic circle firms, in-house legal departments and litigation firms alike are embracing more flexible ways to manage surges of workloads, the success of Flex Legal has shown

Magic circle firms, in-house legal departments and litigation firms alike are embracing more flexible ways to manage surges of workloads, the success of Flex Legal has shown

Magic circle firms, in-house legal departments and litigation firms alike are embracing more flexible ways to manage surges of workloads, the success of Flex Legal has shown

Walkers and runners will take in some of London’s finest views at the 16th annual charity event

back-to-top-scroll