20 January 2018

Captivate Legal and Sports Solutions: BSB-authorised entity case study

About the BSB regulating entities

In April 2015, the Bar Standards Board began authorising entities. Entities are businesses that are owned by lawyers (not necessarily barristers), but specialise in advocacy, litigation and specialist legal advice.

Captivate Legal and Sports Solutions

Captivate provides bespoke legal and sports advice, representation and training to individuals and organisations. The entity is owned and run by a solicitor, Kevin Carpenter. It was authorised by the BSB in February 2016 and it is based in Sheffield.

More information can be found at their website http://captivatelegalsports.com/

What services do you provide the public?

We offer legal advice, drafting, representation and training in the following areas:

  • Commercial
  • Dispute Resolution
  • Governance, Integrity and Compliance
  • Intellectual Property
  • Policy and Advisory
  • Regulation and Competition
  • Training and Education

What are the pros and cons of having your business regulated by the BSB?

Main pros of being regulated by the BSB are:

  • Greater flexibility
  • More proportionate regulation for a small business

No cons of note so far. However, I have to carefully explain to Professional Indemnity insurers that I as an individual am regulated as a solicitor by the Solicitors Regulation Authority (SRA), but my limited company through which I provide my services is regulated by the BSB. 

What advice would you give other lawyers considering setting up a BSB-regulated entity?

  • Do your research and thoroughly compare the SRA and BSB regimes
  • Overall I think the BSB is better suited and experienced in regulating smaller entrepreneurial legal practices