Outsourcing legal services changed the landscape and the manner in which businesses and firms are able to cut costs. As a number of outsourcing service vendors offer varied services, lawyers can now outsource more than the basic administrative functions.
As law departments have extensive outsourcing experience, firms also retain outside counsel, which in itself is outsourcing.
Hereunder is the list of both administrative, legal and business functions that firms currently outsource.
1. Paralegal Support
Law departments of corporate establishments are bent in delegating work to paralegals to cut costs. Tapping paralegals in a number of locations can be hard not to mention burden to match headcount based on your needs. In managing capacity and access to talent, outsourcing is the answer.
Related article: Drafting Outsourcing Agreements
2. Intellectual Property Support
Requiring both scientific-egineering foundation and legal know-how, copyright, patents as well as trademark has a detailed administrative requirements such as registration maintenance in multiple countries. A number of offshore companies is currently offering intellectual property support.
Related article: Outsourcing Services Effectively
3. Drafting, Review, and Management of Contracts
Law departments deal with volumes of contracts thus the need to simplify the process. Appears to be offered primarily offshore the process evaluates a combination of outsourced services and specialized software.
Related article: How to Outsource Services Effectively (Part 2)
4. Legal Research and Drafting
As a number of offshore providers offer this service, law firms and corporations can now demand quality and confidentiality as well on research and drafting tasks.
Related article: Knowledge Process Outsourcing
5. Litigation Document Review
Differing little from contract lawyers, both onshore and offshore third-party establishments or vendors offers outsourced document review services.
Related article: Ousourcing Destination
6. Due Diligence
Almost the same to litigation document review, volumes of documents are reviewed in short period of time.
If you are one of the many organizations who are seriously considering outsourcing any of your business processes as a strategic move to increase efficiency while reducing costs, you are right on track.