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.
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...
UK firm's promotions round nearly halves this year as proportion of City lawyers also falls
Faz Peermohamed left Ince & Co late last year to join the Norwegian Hull Club as CEO
DLA Piper has promoted 48 lawyers to partner across its global network of offices, up from 44 last year
Over a third of all the lawyers CMS has promoted to partnership are women
Head of non-contentious financial services regulation Bob Penn will join the US firm after 17 years at Allen & Overy