Legal Process Outsourcing Regulatory Trends in 2011
Summary
There is the potential for rule changes which could place outsourcing agreements under increased scrutiny or even have a material impact on the ability of law firms and companies to send legal work to external providers.Chicago, IL, January 29, 2011 --( With the legal process outsourcing (LPO) industry hitting double-digit growth rates, regulators and representative bodies can no longer ignore this dynamic new market.To sign up for the newsletter, visit www.fronterion.com The United States The American Bar Association has set up a working group to examine the implications of advancing technology and globalisation for the legal industry: the ABA Commission on Ethics 20/20.At a conference last year, the society released a report saying it should examine the impact of LPO on, in particular, the development of junior solicitors as more of their work is sent overseas, and the risks for firms in terms of professional indemnity insurance.To sign up for the newsletter, visit www.fronterion.comThe United StatesThe American Bar Association has set up a working group to examine the implications of advancing technology and globalisation for the legal industry: the ABA Commission on Ethics 20/20.LPO is a key area of focus.