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Aug 11, 2009

Will Increased Compliance Burdens Lead to Legal Process Outsourcing?

The Department of the Treasury recently issued its much-awaited proposal, “Financial Regulatory Reform: A New Foundation: Rebuilding Financial Supervision and Regulation.” Attorney George B. Hefferan III discusses the compliance workload implications of the proposed FRR and other new federal regulations, and suggests that one offshoot of our interconnected global economy — legal process outsourcing — may in part be a strategic solution to the increased regulatory climate.

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