What do law firms look for while outsourcing legal processes?
The prosperity of law firms is largely dependent on the camaraderie they build by providing quality of service, consistency, timeliness; and in defining and defending their client’s legal/contractual rights. The relationship between a law firm and a client develops on trust and transcends generations. To maintain and sustain relationship with clients, law firms avoid emphasizing on the attractiveness of reduction in cost of legal services by using global resources. But, it does not elude the significant pressure that this industry faces in minimizing the cost of legal work. Indeed, it necessitates outsourcing of legal work to legal process outsourcing service providers who perform the work at significantly decreased costs. Legal Process Outsourcing is a high-end industry that has been growing rapidly in the recent years. It is the process of assigning law-related tasks to external firms, globally, which are capable in handling those tasks efficiently. There is a plethora of...