City law firms may have to renegotiate their outsourcing arrangements as the Solicitors Regulation Authority (SRA) moves to regulate outsourcing for the first time. The new Code of Conduct to be published next week (6 April) sees the SRA assert that it should be given access to law firms' outsourcing contracts and files, as well as potentially to outsourcers' premises for regulatory checks. This would affect all legal and business process outsourcing arrangements the SRA deems critical to the firms' activities.
March 30, 2011 at 07:57 PM
1 minute read
The original version of this story was published on Legalweek
New Code of Conduct underlines SRA intent to review LPO deals
City law firms may have to renegotiate their outsourcing arrangements as the Solicitors Regulation Authority (SRA) moves to regulate outsourcing for the first time.
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