Outsourcing giant Capita is to re-enter the UK legal market, having reached a conditional agreement to acquire Optima Legal Services, subject to approval from the Solicitors Regulation Authority (SRA). Capita submitted an alternative business structure (ABS) licence application last week.
In an ironic twist, Capita’s plans have emerged three years after the SRA ordered Optima to break ties with the outsourcing group after the regulator found the relationship had breached rules governing non-lawyer investment in firms.
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