Becoming A Member

Rent Structure for Members

Rent is calculated as a simple percentage of income. We do not charge any bolt on fees, fixed monthly charges or extras of any sort. All chambers’ facilities, including Westlaw and use of our car park are included in the fee.

As in the majority of chambers members with higher billing will ultimately contribute more in rent. The tradition of the Bar has always been that more senior members tend to support new entrants by contributing a higher proportion towards running costs. We think this is a tradition of which the Bar should be immensely proud, we think it unique that individual members all operating as sole practitioners support each other in this manner and it is a tradition we are proud to continue.

In order to retain a degree of proportionality in the contribution of individual members the percentage rent figure steps down at members income increases.

Members pay rent at 18% on the first 90k of income received in a year (January- December) Rent is charged on any fee income received in the band 90-150k at 14% and above 150k at 10%. Members will thus find that the rate of their percentage rent contributions decrease as the year progresses.

On the formula used a member receiving income of £165k before rent over the period of a year will pay rent at an actual rate of 15.8% calculated as follows:

£90k x 18% = £16,200

£60k x 14% = £  8,400

£15k x 10% = £  1,500

                       £(26,100/165,000) = 15.8%

We believe that our structure offers good support to new entrants and those with developing practices whilst properly rewarding higher earners who may expect to pay rent over a year at an ultimately average rate of less than 12.5%

Rent Structure for Members Joining

For new members joining in year, we do apportion the bandings, so for example a member joining on the 1^st of July would expect to pay rent at 18% on the first 45k of received income.

Rent Structure for Door Tenants

Rent is paid on all billed income at a flat rate of 10%