Tag Archives: Legal Outsourcing

outsource legal services

Secrets How Legal Services Can Increase the Growth of Law Firms?

Like all business scenarios, the legal industry too has to depend on growth and development and incremental business to stay afloat. But there is a very distinct and unique perspective for law firms around the world. In the not too distant past they had to extend their area of operations outside their own four walls (outsourcing) to survive a disaster that had even economies of countries reeling under financial depression.

The global recession led to large scale bankruptcies of even blue chip companies not to speak of hundreds of thousands of individuals. Law firms were inundated with work and this led to a rise in a peculiar situation – lots of work but no man power resources to back it up as the firms could ill afford huge expenses in hiring additional staff.

What was the path chosen by the law firms to get out of this mess? They decided to outsource legal services, an option that is still very relevant now and in fact growing at a fast clip. Once the legal industry tasted success in this process it became their sole mantra for business expansion. But outsourcing must be done right and now that it has been established that this is the shortest path for business development a look at the pointers to be followed in this regard will be in order.

If law firms have to delve into the secrets that can help them grow at a quick rate the answer will be outsourcing, outsourcing and yet more outsourcing of their legal services. There is nothing that can matter more. As a legal luminary of a law firm you have to spin off large sections of your work to companies that have equally qualified lawyers with enough experience to optimize the work allotted to them.

When you outsource and want to reap the benefits fully, there are two things that should be kept in mind – the functions that you should outsource and the advantages you get out of it.

Functions that should be outsourced-

1. Research and legal drafting – This aspect is purely based on the    tenets of the law without any need for specific interpretations. However, it is a very tedious and painstaking work and will keep your lawyers engaged fruitlessly when they can be better utilized in client servicing.

2. Management of contracts – If you have to go through all contracts that come up before you with a fine tooth comb, you’ll hardly have time for anything else. Free yourself up by outsourcing this activity to those offering professional legal services. Not only will the initial stages of the contract be taken care of but its monitoring will continue throughout the life cycle of the contract.

3. Document Review - This is a highly man power intensive activity again and includes preparing deposition summaries, coding of documents and other related work. By keeping it to yourself, you deprive valued customers of the undivided attention they deserve from you.

The common factor in all these above points is that they are all back office related time consuming work. Outsourcing them is surely one of the primary secrets of business growth and development.

Why should you outsource for business growth –

1. Focus on core competencies – When you outsource legal services that require no interpretation of law but simply has to follow it to the letter, you do not really lose anything. Instead you are taking expert external help to further prepare your cases in the shortest possible time. This will give you a lot of time to offer quality service to existing clients as well as bring in fresh cases.

2. Reduction in costs – Outsourced work can be done at a much lower cost than what you would have paid your high salaried staff. This is because of the wage differentials existing between countries. This savings can be better utilized to offer competitive legal fees to your clients thereby stealing a march over law firms.

3. Increase in business opportunities – This is especially true if you have a small to mid sized legal firm. It is no more the scenario where top legal firms garner prize clients and small firms get left behind. By outsourcing a part of the functioning at cheaper rates you too can go for quality customers and increase business without having to add to your manpower resources.

4. Coming of age of outsourcing companies – Outsourcing companies today offer services that can be deemed to be parallel in quality to the originating legal firms. Over a period of time they have honed their skills, added to their infrastructure and taken on board lawyers of international standards with a high degree of expertise in the laws of different countries. By hiring them you are adding value to your services and this will naturally rub off on your client servicing and business development.

These then are the secrets to law firms increasing their growth in business. At the cost of repetition it can be said that the magic mantra is to outsource legal services.

Also Read : Legal Process Outsourcing Seen As a Permanent Trend in Legal Industry

Legal Support World(LSW) is one of the leading companies offering legal services. Our lawyers have a great degree of professional expertise and deliver consistent quality results every time.

For more information, visit www.legalsupportworld.com.

Legal Outsourcing

Legal Outsourcing to India is in Trend These Days

Legal outsourcing India is one of the prime points of outsourcing for many of the Americans and the European legal companies. These companies had been providing the outsourcing LPO’s with legal requirements and the legal documents are made by these companies. In law the requirement of legal papers and other services are unpredictable but these Legal outsourcing India companies had made the lives of the attorneys in America and Europe easy and they can now concentrate over the strengthening of their cases primarily and thus winning cases for the clients from whom they take up the original cases. The American lawyers had been selecting the countries like India it is because here the payment is on a lower level as the rupees stands below a dollar. The lawyers in India however had been putting up their work according to the potential of them and thus the clients are able to work freely.

The legal outsourcing India done by the best of the lawyers:

The legal outsourcing India takes all the responsibility of the clients who had been feeling helpless at times when they find that they are not being able make up the necessary secondary documents which turns out to be very important at times. The legal outsourcing India is having quality lawyers who are fully aware of the laws of the country from where their clients are coming. The lawyers are fully qualified in international laws and hence they can easily handle the laws of other countries with ease. The helplessness of the attorney’s in the America and the European courts had made a distinctive growth over the sub continental nations in legal outsourcing and the legal outsourcing in India is a prime partner of the LPO’s in abroad courts.

Legal outsourcing India a necessity turned to business:

The legal outsourcing India is a helplessness that had turned into a prospective business. The legal advisers in India had been turned into LPO’s which had been making the best utilization of the scenario and is earning thick and fast. The Indian lawmakers at many a instances are studying the less of local laws and had been concentrating in the studying of the international laws. The studying of the international laws had been helping them to legal outsourcing India.

Legal Support World – one of the finest legal outsourcing India Company:

The legal outsourcing India is assisted by some of the best legal companies and a pioneer of the fact is the Legal Support World. The company is reputed to serve major European and American clients for who they had been making the legal document and thus enabling the attorney’s to make more time for the primary representation of the case.

The legal outsourcing in the country is done by some of the best of the legal experts who are well versed for the laws that are required by their clients to make up the legal for the court. The Legal Support World mostly deals with the American and the European attorney’s who need to concentrate over the strengthening of the case. The cases re won bilaterally by collaborations from both the sides. The attorney’s give the requirement of documents which are submitted by the Legal Support India much before their stimulated time frame set by the clients.

Read Also :  Legal Outsourcing Trends and Possibilities 2016

Resource box:

The Legal Support World is a reputed LPO, the company is assisted by a set of quality lawyers who are well versed on how they should be writing foreign legal documents. The company had been taking projects from the lawyers and attorneys and had been relieving them of their secondary duties towards their clients.

Legal Outsourcing

How to Simplify the Process of Legal Outsourcing?

The legal process outsourcing sector has introduced a lot of innovative ways to revolutionize the industry standards in the last decade. Small and large-scale legal companies have been busy finding the right approach to overcome both short as well as long-term hurdles. They’ve been able to conquer most of the challenges thrown at them. Like any other sector, there are some common issues that have marred the growth pattern. The best practice is to take help of a well-recognized company offering legal support services.

Participate in Day-to-day Activities:

You should know that job is not complete by merely outsourcing legal processes. Your role is to overview things and guide the legal outsourcing company from time to time. The biggest task is to ensure that quality guidelines are followed and work is delivered on time.

Define Business Goals, Clearly:

Both the sides should have a clear understanding of the financial goals. They should know what they’re trying to achieve and obstacles expected in the way. You should show the bigger picture by making the outsourcing team aware of the bonus points they can earn by achieving the target.

Prepare and Share a List of Points:

The first task is to provide as much information as you can to the offshore team. You should share the information regarding the nature of your business to help them accomplish the task well on time. They can learn a lot of things from your experience.

Track Progress at Every Step:

Every professional is accountable for the task he or she has been assigned. However, you still need to go ahead and make sure that they’re doing the work, as expected. The golden rule is to ask for weekly reports and focus on areas requiring improvement.

Specify Key Points to Gather Attention:

You should never forget that offshore team members belong to a different country and culture. It becomes important to discuss all key points in detail prior to starting the project. It would take time for both the sides to develop a level of comfort and confidence.

Have Clear Conversation and Use Straight Tone:

Law firms or experts who’re outsourcing legal services should follow a straightforward approach. There are chances that they miss one thing while trying to pay attention to another. They can minimize the risk factor of doing something wrong by having a clear conversation with the legal outsourcing company. The communication between both the sides should be on a regular basis and one must discuss all the issues that they’re facing with the offshore team.

Set the Alarm for End Date:

There is one thing that causes severe damage to both the law firm as well as the legal outsourcing company. There can be several reasons for missing the deadline. It is better to monitor and keep a track of things on a daily or weekly basis. It becomes your primary responsibility to share the feedback with the outsourcing company if they’re missing small deadlines or running behind the schedule.

Reward Good Work, Timely:

Legal firms often overlook the need to reward good work. You should reward the outsourcing team as and when they achieve their predetermined targets. It would encourage them to perform better and finish up the project on a timely basis.

legal outsourcing

Say Yes to Legal Outsourcing For Drafts, Documents or Analysis

When your legal firm is going under immense pressure of cost increment or your hired lawyers are wasting much of their time on a few legal issues, which are not even a part of the core company business, the only way to get rid of these monotonous and laborious works is to get connected with a legal process outsourcing company from India. The very efficient and knowledgeable lawyers from India can actually help you. They would draft all your legal pleadings and make up discovery documents as well as analyze all the legal information. If this time-killing part is handed over to them, you and your firm can deliver and concentrate at your best on other core company activities.

Why should you choose India for drafting, documentation & analyzing?

  • Your firm will get the best of the skilled and qualified lawyers who all are tremendously efficient and equipped in all the legal analysis, drafting and documentation work.

  • Indian Lawyers have deep knowledge about US and UK’s legal system.

  • The thorough 24*7 service system can lead you completing all the leftover and back end work.

  • Indian lawyers are well gripped and successful at all sections of legal Outsourcing work.

  • There will be a decline of 50% operating cost of your firm by legal outsourcing to India.

  • Lawyers from India have a great command over the jurisdiction's laws and legal drafting rules.

  • As the employment cost is much lesser, you can easily control the estimated cost of the firm.

  • After taking assistance from an Indian LPO service provider, you would surely notice an increment in the company’s productivity.

The Various Kinds of Legal Outsourcing Work:

  • Organizing and maintaining the legal files

  • Preparing legal papers of deposition notices, interrogatories and subpoenas

  • Crafting the structure of deposition questions, stipulations and motions

  • Drafting of legal briefs, memoranda and discovery documents

  • Leading research on legal, non-legal and medical facts

  • Preparing  legal complaints, summons, correspondences and pleadings

  • Analyzing and preparing responses to discovery requests

  • Correcting and Proofreading of agreements previously drafted

  • Revising, identifying and arranging the legal documents

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The Upsurge Of Legal Outsourcing Companies

Business profession is a volatile domain. But when it comes to Legal outsourcing India, there is a perpetual sense of growth in market share as the present situation stands. Being a developing country, India is notoriously looked down upon for lagging behind in every socio-economic aspect. However the low standard of living has nothing to do with the reputation of India as a trustworthy place in contracting out a legal assignment completely or in part and this burning truth is already preached to many legal corporations in UK and USA as the foot smaller firms there are also following the large city based firms’ strategy to provision works to the major far away country in sub-continent.

LPO-The reshape of law practice:

There is always an inherent risk in off-shoring serious business like law service. Even taking all other things being equal, law professionals dread the legal outsourcing option for a series of challenges like language obstacle, time zone difference, client comfort and an overall threat of data protection concerns. However, in the wake of economic meltdown, the law firms irrespective of its market share have shifted their outsourcing preferences from domestic corporations to overseas vendors.

Look at the east motto:

Economic downturn, in a way, is a boon in the guise of bane for the promising law graduates in Asia and non-European and non-USA countries. Move back a decade or so en route history and one would find a gaping void in the Legal Outsourcing market of today’s leaders e.g. India. Overcoming the primary skepticism regarding quality deficiency, the LPO share by the Asian vendors now command $440 million out of the estimated $400 billion USD legal market. Although it is a meager 0.1%, Value Notes, an Indian consultancy group, puts it that India alone will notch up mind-boggling $1.6 billion revenue in 2014.

Legal outsourcing India- The brand in making:

When it comes to business, there is no place for bias. The US or European firms’ general counsels are no brainers that they will just flow away with a Mexican wave of ‘Legal outsourcing India’ trend. Albeit testified in sectors like IT, call centers, bank offices, the brand Legal outsourcing India was not an instant hit as the market revenue in 2006 was around $1.6 million soon after its inception. The country has a favorable time zone position as the time differential between India and US stands at 12 hours due to which efficient attorneys here can work in the dead of night in US and firms there would reap the benefit by submitting the task in morning developing better client relationships.

The goodwill of one-way Indian companies:

The leverage in revenue gain by the market position of legal outsourcing India is mainly for skillful law trainees nurtured by LEGAL SUPPORT WORLD and other agencies. The company offers a two step training regime. First the apprentices undergo an all-embracive program in all technical and soft skills by market doyens and then are pitched towards assignment centric training ensuring a client-specific outcome.

Resource Box:

LEGAL SUPPORT WORLD is renowned for its legal expertise in every area of law consultancy. Our mantra is to address every detail of client’s requirement and we always strive to achieve client’s satisfaction.