4-5 Gray's Inn Square has confirmed that it will continue to exist as a set despite suffering a mass defection of more than two-thirds of its members in recent weeks.

The chambers will continue to operate with around 10 members, including at least three silks, with plans to re-build the set to between 20 and 25 members by the end of 2013.

The remaining silks include Timothy Straker QC, Richard Clayton QC and Robert Griffiths QC. It is currently unclear whether head of chambers Richard Spearman QC is remaining with the set.