England: New transparency measures to be imposed on public access barristers
The Bar Standards Board (BSB) has set out a revised approach to improve transparency standards for clients of the bar.
The proposals were agreed in principle at the regulator’s recent board meeting and were made in response to a recent Competition and Markets Authority (CMA) market study of legal services.
They include:
In considering how best to target new disclosure requirements, the board agreed that delivering a proportionate approach to the CMA market study is best achieved by focussing on the Public Access Bar, where clients will most benefit from greater transparency of information about services, fees and rights of redress.
The regulator agreed not to impose disclosure requirements in relation to hourly rates and fixed fees on barristers undertaking work referred by solicitors. However, the regulator’s view is that all barristers should be required to meet minimum transparency standards in relation to service and redress.
BSB director of strategy and policy, Ewen MacLeod, said: “We agree with the CMA that greater transparency at the Bar should enable consumers to shop around when looking for a barrister and promote competition in the market.
“We have listened to the responses to our recent consultation and we agree that any new transparency requirements must be properly targeted and that poorly targeted requirements may not be helpful for consumers. Our regulation needs also to reflect the fact that the Bar remains a predominantly referral profession in which most clients do not purchase legal services direct from barristers.
“As a result of our consultation, the scope of our proposals has therefore changed and we believe that our more focused and targeted approach will continue to benefit consumers and the wider public, whilst working closely with the profession to ensure that our final proposals are feasible and proportionate.”
Following a further rule change consultation planned for later this year and approval by the Legal Services Board (LSB), these transparency requirements will come into force by May 2019. However, the BSB is not proposing to make compliance with any fee transparency requirements mandatory until early 2020. The effectiveness of the new requirements rules will be evaluated from December 2020.