Attorneys and law firms, in general, face the ultimatum of working within tight schedules and meeting deadlines on a number of issues.
Of this, the bulk of the time is spent on doing activities that are non-core and act as a backup to the main services.
Though they are mundane tasks, they nevertheless are a crucial and integral part of the whole legal process concept.
The main point to be focused upon is if you have the time to spend on repetitive tasks at the cost of negligence to client services and generating new business for firms?
The answer would be an emphatic NO.
This resulted in engaging outsourced support services for legal issues while attorneys were allowed to concentrate on tasks that would help in business development, profitability and getting high-value clients.
One of the primary reasons that law firms consider outsourcing support services is because the process is a time consuming and complex one and generally requires great professional expertise and knowledge.
There is also a requirement of a thorough understanding of the law that the draft is based upon.
Thus they find this the best option as Outsourcing companies have on their rolls highly qualified and experienced legal luminaries who are familiar with the laws of different countries and are masters of legal drafting.
The second most important reason for considering outsourcing is to take advantage of reduced operating costs such as reduced labour arbitrage, better IT systems and improved scale efficiencies.
Depending upon the legal service outsourced, the outsourcing firm has the advantage of reducing 40% to 70% of the operational cost.
The third most important reason is the turnaround time in project delivery.
As the outsourced team is available 24/7, this provides a faster turnaround time and helps in meeting deadlines on time.
The fourth important point to consider in outsourcing is Flexibility.
Having a combination of both in-house and external talent helps in tailoring the workload as per general requirements or as per the client’s demands.
Flexible staffing helps in reducing firm overhead costs.
By outsourcing to external vendors, law firms can avoid fixed costs of salaries that are associated with the hiring of full-time personnel.
Therefore, with all the above-mentioned benefits, it is indeed advantageous to hire outsourcing firms for legal process tasks.
Get your job done while you are shut down for the day and wake up to your service being delivered the next morning.