There are many benefits to outsourcing aspects of your probate work; from access to skilled resources, increasing your efficiency by freeing up fee earners time to focus on core areas of their work, and the significant cost advantages from lower charge out rates. However, many solicitors are wary of outsourcing due to the strict regulations within the SRA.
Since the Jackson reforms there have obviously been many changes in the industry, and I’m sure there will no doubt be more to come in the future! So, aside from the obvious factors which hit the headlines, what are we actually seeing as we undertake our accounts and audit work on PI firms in this new climate?