Step-in rights and SRA compliance clauses: law firm outsourcing agreement
Published by a LexisNexis Practice Compliance expert
Last updated on 24/03/2020

The following Practice Compliance precedent provides comprehensive and up to date legal information covering:

  • The Schedule [Dependencies

  1. 1

    Definitions for Step-in rights and SRA compliance clauses: law firm outsourcing agreement

  2. Applicable Laws

    1. means:

      1. (a)

        the laws of England and Wales [and [insert other specific applicable laws, eg of other jurisdictions where the Services will be performed]];

      2. (b)

        any other laws or regulations;

      3. (c)

        any industry codes, policies or guidelines issued by a Regulator as notified to Supplier by Customer from time to time

      in each case, as these are applicable to the performance of the Services;

    Confidential Information

    1. means any and all confidential information (whether in verbal, written or electronic form), including technical or other information imparted in confidence or disclosed by one party to the other, or otherwise obtained by one party relating to the other’s business, finance or technology, know-how, intellectual property, assets, strategy, products, services, customers, former customers, clients and former clients, including without limitation information relating to any person, firm or organisation associated with that party;

    Control

    1. means that a person owns directly or indirectly more than 50% of the shares or securities of the other person representing the right to vote on all or substantially all matters including the election of directors and ‘Controls’ and ‘Controlled’ shall be interpreted accordingly;

    Dependencies

    1. means the dependencies or requirements in respect of Customer (if any) set

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