It’s not the grooviest area of law, but one firm will be thanking its lucky stars for the tax department this week.
Lovells has been chosen by HM Revenue & Customs (HMRC) for a major outsourcing pilot (see story).
Before you nod off, consider that HMRC has never given an outside firm responsibility for an entire piece of litigation before.
It’s a major coup for Lovells to win the mandate. It’s also big money.
HMRC spends £20m a year using external lawyers.
The case in question is one of the biggest on the department’s books, and Lovells is so keen to impress it’s agreed to take it on for a fixed fee.
If all goes well, HMRC could well offload more of the thousands of prosecutions it handles to the private sector, and Lovells is in prime position to mop up the mandates.
Looks like tax just got sexy.