The term outsourcing itself was coined in the latter half of the 20th century, and legal outsourcing came into being even much later in the 21st era. Legal procedures like case documentation, risk evaluation, litigation, and filing a petition are all very complex tasks that need expert intervention. It is quite obvious that the legal outsourcing field had not taken off as soon as the outsourcing pattern brought a sea change in PSUs like banking and private enterprises like IT alike. It took a few years and a boost from the cost management obligation post-recession to spur the Western and European law firms to go for LPO and BPO. In the latter type of legal outsourcing services, only a part of a project is contracted out to an on-shore or offshore vendor.
Areas of Legal Outsourcing:
Assistance to clients in the litigation process was the first thing to be outsourced. Still, the outsourcing pattern was not the same in case of eastward countries like India, South Korea, and Singapore, etc. Skeptics in law practice in trans-Atlantic giant firms believed at one point in time that quality control of the major legal services was not at par with them. As a result, they were trusted with simpler and ‘risk-free’ tasks like e-resourcing, research, and proofreading, to name a few. Today, it is the more relaxed approach towards outsourced legal services by the city-based big-time law houses as the sub-continent companies like LEGAL SUPPORT WORLD (LSW) have proven their mettle in all-embracive quality legal processes in a planned way that not only brings down the cost; also benefits the clients with timely operations.
Coign of vantage with outsourcing:
Outsourcing the legal process has, so far, represented itself as a magical solution to the grinding issue of cost capping for keeping the margin of profit untouched. Although the recession effects have mellowed down with time, clients and counsel chiefs will still ask for effective tabs on expenses in any legal assignment. But before one ventures into provisioning a third-party enterprise or joining hands in parallel work, the pros must be weighed with respect to the cons. The biggest of the bonuses one gets from legal outsourcing Services is to concentrate on the core areas while letting your outsourcing provider brainstorm over the non-core practices. Also, as you don’t need to do many tasks in-house, you can check costs for infrastructure up-gradation and channelize that capital into publicity. Also, the manpower requirement goes down due to lesser physical involvement, and there is flexibility in severing the ties in case of non-adherence to the Service Level Agreement (SLA).
How to Overcome Apprehensions?
As mentioned earlier, the priority choices for outsourcing have morphed into more critical and confidential ones. Patents and acquisitions are now common as outsourced legal services. However, the practice entails an apparent danger as the third-party outsource provider gets to know every core detail of your client. There are also fears in outsourced legal services of not clearing the backlog in time, which ultimately will defame your firm, not the outsourcer. These hiccups can be surmounted by choosing an expert in the job like LSW, which features a streamlined workflow and impeccable security.
Resource Box:
Security of important data is the utmost priority of LEGAL SUPPORT WORLD. We maintain the shroud of confidentiality between attorney and client and also impress on using a VPN network for bug-free, safe correspondence.
