From 2012, chambers will be required both to set up and contribute to a “qualifying pension arrangement” for clerical and administrative staff. Careful preparation will prevent an adversely negative impact on chambers’ budgets, advises Neill Millard.
For over a year, the Bar Council has been engaging with barristers to introduce “ProcureCos”, the model procurement company which will allow sets of chambers to contract directly with those who purchase legal services. It is anticipated that in the future chambers will need to become more corporate and to offer an enhanced and robust service that will survive any future due diligence requirements that Government may introduce.