Ker-ching! That’s the sound inside Capita’s finance department, as the outsourcing giant bills £2.3m to the Treasury Solicitor’s department (TSol) for the first quarter of 2014.
That entire £2.3m has gone on temporary legal staff, with a spokesperson insisting that the merging of government legal departments triggered a demand for temporary staff while TSol recruited for 70 permanent positions. As one of the government’s four main outsourcing suppliers, Capita was always going to be one of the favourites to cash in.
And so recruitment subsidiary Capita Resourcing billed TSol £872,000 in January, £858,000 in February and £596,000 in March. That’s on top of the £2.4m TSol spent on external legal advisers and other professional services during the same period.
The legal market is proving an attractive target for the FTSE 100 business. Just weeks ago it was given the green light to enter the legal market by the SRA, which granted volume outfit Optima Legal Services an ABS licence ahead of its takeover by the UK outsourcer.
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