“A new law firm which promises clients fixed fees and immediate face-to-face meetings with barristers has become the latest alternative business structure (ABS). Red Bar Law was formed in September last year and applied to the Solicitors Regulation Authority for ABS status in January. Today the SRA confirmed it has become the ninth organisation to be granted a licence, which will be effective from 10 July.”
Law Society’s Gazette, 23rd July 2012
Source: www.lawgazette.co.uk