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19 September 2018
Issue: 7809 / Categories: Legal News , Legal services
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Pricing pilot boosts conversion rates

Public access barristers could be forced to list their fees as well as any likely additional costs on their website.

And all self-employed barristers and chambers would be required to state their pricing models, areas of work and information about the factors that might affect the timescale of a case, under proposals set out in a Bar Standards Board (BSB) Rules consultation on transparency standards last week.

The BSB piloted its scheme with nine chambers between November 2017 and February 2018 with positive results—one chambers reported that their client conversion rate doubled during the trial, while another achieved their highest turnover increase accompanied by a ‘significant’ reduction in late payments.

BSB director general, Dr Vanessa Davies said: ‘We are confident that the new rules to improve transparency standards adequately reflect the often highly complex nature of barristers' work.’

The consultation closes on 14 December. If approved by the Legal Services Board, the rules would be in place by May 2019.

Issue: 7809 / Categories: Legal News , Legal services
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Penningtons Manches Cooper—Gary Walsh

Penningtons Manches Cooper—Gary Walsh

Marine finance partner strengthens Penningtons Manches Cooper's banking and finance practice

Anthony Collins—20 promotions

Anthony Collins—20 promotions

20 promotions mark major people investment at national law firm, Anthony Collins

Sidley—Elaine Whiteford

Sidley—Elaine Whiteford

Sidley adds competition litigator Elaine Whiteford in London

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