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Outsourcing of Core Legal Service Functions: How to Capitalise on Opportunities for Law Firms (eBook)


ISBN13: 9781787424111
Published: January 2021
Publisher: Globe Law and Business
Country of Publication: UK
Format: eBook (ePub)
Price: £95.00
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Is outsourcing right for your law firm?

Law firms of all sizes are discovering opportunities from outsourcing some of their core operating functions that have traditionally been performed in-house. This Special Report outlines a highly firm-specific approach to identify and prioritise the components of a business case for outsourcing, as well as in-depth examinations of three representative types of outsourced services that are available to law firms:

  • Patent research
  • Cybersecurity, and
  • Large-volume document review

It will examine their potential impacts on a law firm’s bottom line, and the frequently encountered management challenges in a law firm’s relationship with its external service provider. It concludes with a look at the future of outsourcing in the legal services industry.

Edited by Norman K. Clark, this report is a step-by-step guide to a well-informed outsourcing decision as well as a roadmap for implementing it in a way that produces the best return on the law firm’s investment of management attention and resources. It will be of interest to anyone considering the option of outsourcing their core legal service functions, including small and mid-sized law firms, both those in general practice and specialised boutiques.

Subjects:
Legal Practice Management, eBooks
Contents:
I. The business case for outsourcing of core legal service functions
Norman K. Clark and Fernando Moreno - Walker Clark LLC
1. The emerging “assembly factory” model for law firms
2. What is the scope of the internal functions that a law
firm should consider for outsourcing to external service
providers?
3. Current examples of the outsourcing of major operating functions of law firms
4. Outsourcing as a fundamental part of sustainable profitability
5. Outsourcing as a source of competitive advantage
6. A methodology for evaluating and managing the risks
II. Case studies in outsourcing
1. Patent drafting, research, and analysis
Gaurav Khandelwal and Tushar Gupta - Intricate Research
a. The changing nature of patent law practice
b. Scope of services typically delivered through outsourcing
c. “as needed” and “dedicated” service models
d. Key impacts on law firm profitability and service quality for clients
2. Information technology systems security
Sitima Fowler and Chase Sonen - Iconic IT
a. Recent “scandals” in this area, the financial liability and reputational risks for law firms and the reduced cost of these services
b. Services delivered
c. Finding the right balance between remote and in-house management of IT security
d. Key impacts on risk management for law firms
3. Document review and computer-supported coding and analysis
Karl Schieneman - Baia do Joao Eco Pousada
a. The impact of technology on outsourced document review in major litigation cases, and its importance in
profitable due diligence services in M&A transactions
b. Services delivered
c. Service delivery modes
d. Key impacts on quality assurance and price competitiveness for law firms
III. The future of outsourcing in the legal services industry
Norman K. Clark and Fernando Moreno - Walker Clark LLC
1. What are the emerging opportunities for outsourcing of core legal service functions of law firms?
2. What are the central strategic, operational, and financial issues that law firms will need to address in
making wise decisions about what functions to outsource and which ones to keep in-house?