Bar Council to make £3.5m savings through accommodation cut backs
The Bar Council is on track to make savings of £3.5m over the next five years by donwsizing in its City headquarters.
April 08, 2014 at 04:47 AM
2 minute read
The Bar Council is on track to make savings of £3.5m over the next five years by donwsizing in its City headquarters.
A new three-year plan will also see the Council make changes to the practicing certificate fee.
The moves are among a number of moves that the Council is implementing as part of its 2014-17 Strategic Plan. The plan outlines eight key goals for the next three years, which include improving overall efficiency, increasing influence on the development and implementation of Government policy, promoting diversity and working with the Council of the Inns of Court (COIC) to support their work in educating and training barristers.
After being presented with a lease-break opportunity last year, the Bar Council carried out construction work on its Holborn headquarters to compress seven floors into four. The Council invested £1.55m in the project, which was completed last month, to achieve savings of £3.5m over five years, producing a net saving of £2m.
The Council is also changing the way it allocates the compulsory Practising Certificate Fee (PCF) – the fee barristers pay every year to be able to practice. The PCF is currently based on seniority, increasing from junior level to QC. A survey which was sent out in 2012 revealed that barristers thought it would be fairer to base the fee on income rather than experience. The changes will be come into effect in 2015.
Stephen Crowne chief executive of the Bar Council said: "We are seeing change all around us in the way in which legal services are being delivered. It is imperative that we are providing relevant and strategic support to all of our members. It is also important that we make the most effective use possible of our resources, whilst delivering market-leading services.
"The next three years will be a time of challenge and opportunity for the Bar, and for the Bar Council. This Strategic Plan establishes a course of action and ensures that this organisation has a clear sense of purpose and strategy."
To read the eight aims in full see the report here
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