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Platform for change: Creating a partnership led by barristers

Daniel Jones and Tom Street discuss why they created the barrister-led LDP Artesian Law and plan to convert it into an ABS

1 August 2012

Key takeaway points:

  1. Plan ahead. We found both the Solicitors Regulation Authority and Bar Standards Board to be helpful, but it takes time to negotiate the former’s processes. The earlier you can engage with the SRA, the better it is for both sides.

  2. Draw up a partnership agreement. This may seem obvious, but many law firms still don’t have one and it is a new experience for barristers in particular. Taking the opportunity to talk through in advance how the partnership agreement will work is vital.

  3. Allocate responsibilities. The way we operate means that everyone has to muck in. We have found it best to give each partner lead responsibility for a particular part of the practice.

  4. Talk to your clients. When things hav...

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