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Outsourcing back office work helps firms focus on
law - The Lawyer
The
legal profession is often accused of remaining in
the Dark Ages when it comes to how we present our
business to the outside world...
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26 April 10 |
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Case Study - Specialist law
firm in the West End
A specialist law firm
in the West End handling the purchase of new build
properties from developers for buyers.
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18 February 10 |
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Case Study - Outsourcing for a
large Law Firm
A large law firm was experiencing significant backlogs in
document production.
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17 February 10 |
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DLA and Travers lead as CPA
Global sells stake to private equity house - The
Lawyer
Clifford Chance, DLA
Piper, Ogier and Travers Smith led the way on a
£440m investment by private equity house
Intermediate Capital Group (ICG) in legal process
outsourcer CPA Global.
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1 February 10 |
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Eversheds defends latest outsourcing - The Lawyer
Eversheds has argued
that its brand will not suffer as a result of plans
to expand its commoditised business arm with the
launch of a South African joint venture.
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18 January 10 |
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Consultancy model is the clever way to cut costs for
firms - The Lawyer
The past few years and
the downward pressure on legal costs sparked by
this recession have resulted in law firms
re-examining ways of providing competitive legal
services that match client expectations.
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11 January 10 |
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Legal market evinces mixed
emotions as new decade promises big changes - The
Lawyer
Fee models, outsourcing
and the implications of the Legal Services Act (LSA)
are among the hot topics as the legal market gears
up for a tough 2010. Indeed, it is the need to adapt
to a changing market that is exercising most minds
at the cutting edge of the business.
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4 January 10 |
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Outsourcing boasts many
benefits, but it is not a quick fix in hard times -
The Law Society Gazette
In these challenging
economic times, even the most conservative law firms
are looking at ways to remain competitive and
profitable, often by reducing costs.
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22 October 09 |
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Legal process outsourcing is
‘here to stay’ - The Law Gazette
Legal
process
outsourcing
(LPO) is
‘here to
stay’ and
attracting
interest
from
investors, a
leading
practitioner
claimed last
week.
Mark Lewis,
head of
outsourcing
at City firm
Berwin
Leighton
Paisner,
said there
are ‘a
number of
private
equity
providers
knocking
around the
City
offering
quite a lot
of money to
get into LPO’.
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15 October 09 |
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Yankee upstart swoops on City
of London - Times Online
A debate is
raging in the
panelled offices
of the City’s
leading law
firms. Is the
current downturn
in their
business merely
a cyclical dip,
or are they
facing a more
serious
long-term
challenge?
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11 October 09 |
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Clarke
Willmott outsources typing, broadens secretarial
role -The Lawyer
Clarke
Willmott is to pilot an outsourcing programme in its
Birmingham office with the aim of rolling it out
across its UK network. The firm will send its typing
to a South African base. In the UK Clarke Willmott
will also implement a secretarial training scheme to
enable the position to encompass a broader range of
skills.
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10 October 09 |
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EG
Solutions, uses outsourcing to help company register
a profit
Eg Solutions, a
financial service software company based in
Staffordshire, has announced that it has recorded a
pre-tax profits of 56,000 pounds in the six months
to the end of July, compared to a loss of 810,000
pounds in the preceding half year.
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5 October 09 |
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8 reasons why Outsourcing
fails to deliver the desired results - LSN
So let's look at some of the reasons why outsourcing
fails.
1) The process is not clearly defined or properly
mapped out.
2) ..
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14 July 09 |
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4
Myths of Law Firm Outsourcing Uncovered Part One -
LSN
Over the next 4 weeks I
am going to uncover and explore four common myths of
law firm outsourcing and hopefully show you that far
from being a four letter word, outsourcing can SAVE
you money, free up office space, improve quality and
lead to career development of your current staff.
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8 June 09 |
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CC and A&O push alternative
litigation billing - Legal Week
Magic circle duo
Clifford Chance (CC) and Allen & Overy (A&O) are
looking at new billing options for litigation as
core clients come under increasing pressure to
reduce legal spend.
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4 April 09 |
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Norton Rose gets massive
support for four day week plan - The Lawyer
Staff
at Norton Rose have voted overwhelmingly in support
of the firm’s flexible working scheme, which will
give the firm the option to put partners and
salaried staff on a four-day week.
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2 April 09 |
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Senior lawyers question law
firm business model - The Lawyer
The economic crisis has
caused partners to cast doubt on the fundamental
business model of law firms, while associates are
living in fear of losing their jobs, according to
the largest survey of the UK legal profession.
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5 January 09 |
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Why and What Lawyers Should
Consider Outsourcing - Integreon
Over the last three decades,
large law firms have evolved
into big and sophisticated
businesses. Around 1985, the
American Lawyer magazine first
published profits per partners
(“PPP”) for the AmLaw 100. Ever
since, large law firms have
worked to improve profits.
Today, the fear of losing top
partners to lateral moves forces
firms to focus even more on PPP.
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November 2008 |
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Case Study - F&A Law Firm -
Magellan Consultancy Services
As you may be aware,
law firms are increasingly looking at ways to drive
costs out of the support service areas and
increasing efficiencies in the non-billable areas.
One area under constant appraisal is the area of
finance and accounting and we have a number of
clients who are outsourcing these areas.
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6 November 2008
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Case Study - Legal Aid Law
Firm - Magellan Consultancy Services
The
pressures on legal aid practices to deliver bespoke
legal services via a commoditised reward and payment
structure is forcing a number of practices to look
at innovative ways of delivering cost effective
legal services.
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10 October 2008
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Office space race begins as
credit crunch tightens grip - Personneltoday.com
Many employers are planning
sweeping cuts to their
workspaces to cope with the
tightening economic squeeze,
according to property
experts.
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7 October 2008 |
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Wedlake Bell set to make
seventeen redundancies - Legal Week
Wedlake Bell has become
the latest firm to kick-off a redundancy
consultation with up to six lawyers and 11 support
staff facing the axe.
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7 October 2008 |
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Legal outsourcing remains high
on the agenda - Times Online
Legal
outsourcing is
coming of age.
Tougher economic
conditions are
bringing
mounting
pressure to
reduce the price
of legal
services and one
clear way of
cutting costs is
by allocating
the work to
cheaper
suppliers. This
is of particular
interest to
in-house lawyers
who are working
hard to reduce
their
expenditure on
external law
firms while
streamlining
their own
departments.
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10 September
2008 |
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Knowledge is power... The Results!
A couple of months ago, we asked you
to participate in a Benchmarking Survey. We are
delighted to let you know that we now have the
results of the survey and we would like to thank all
the firms who took part!
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8 September
2008 |
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Employee Survey Reveals Support Staff Dissatisfied -
The Lawyer
The Lawyer’s first
employee engagement
survey, conducted by
YouGovCentaur, shows a
chasm between lawyers
and business services
staff, with the latter
feeling undervalued,
underpaid and out of the
loop.
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1 September
2008 |
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Law Firms Feel Pinch as
Companies Slash Legal Spending - Times Online
Law firms are
feeling the
pinch as
Britain's top
companies, under
pressure from
the economic
downturn, slash
their spending
on outside legal
advice.
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26 August 2008 |
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Lawyers
Make Billions But Good Times Are Ending - Times
Online
However, lawyers
are being told
today that the
good times may
be over. The CBI
is issuing a
bleak assessment
of trading
prospects in the
services sector,
including legal
firms. In July
and and August
profitability
fell at its
sharpest rate
since early
2002, the
organisation
says.
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26 August 2008 |
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Eversheds Signs New Deal to
Outsource Work to India - LSN
Eversheds has struck a deal to outsource lo-end
legal work to India.
The
firm has signed a contract with a third-party
provider to outsource small commercial contracts
that are too expensive to carry out in the UK or
in-house.
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20 August 2008 |
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CC’s, Eversheds’ Outsourcing:
Greed, or Just Common Sense? - The Lawyer
The decision by Clifford Chance and
Eversheds to offshore low-level legal work to India
makes good business sense, but to many readers of
TheLawyer.com the move smacks of greed.
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18 August 2008 |
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Legal Offshoring - An Overview
of Legal Offshoring
Legal
Processing Offshoring is occurring
in nearly all sectors of the legal
services industry. The work of
lawyers, paralegals, legal
secretaries and litigation support
personnel is increasingly being
performed by legal service providers
on the other side of the globe.
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5 August 2008 |
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Legal
Process Outsourcing comes to the fore as companies
look to slash costs - Law Gazette
Enquiries about legal process
outsourcing have climbed sharply since the credit
crunch took effect, a number of outsourcing
companies have told the Gazette.
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May
2008 |
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Legal Business is Different? -
LSN
Legal business is
different, everyone knows that. They are Practices
not firms; their ethics and traditions go back into
history; they are staffed by professionals who are
upfront about their charges; the often distressed
people to whom they give advice in confidential and
sometimes hushed tones are clients not customers.
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April
2008 |
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What
you can do about minimising the effects of the
Credit Crunch
- LSN
The
credit crunch has been in the news every day for the
last couple of months and if you believe the news it
is getting worse by the day. An important aspect
lacking in these reports is what you can do about
it!
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17 April
2008 |
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LPO
Watch - Legal Process Outsourcing
India undeniably has tremendous potential as a legal
outsourcing hub owing to its strategic geographical
location, low cost and skilled manpower.
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March
2008 |
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Howrey
hits India for 'low-cost option' - Legal Week
Howrey is to become the
first major US firm to open an office in
India, writes The American Lawyer,
in a move the intellectual property (IP) specialist
hopes will give its clients a low-cost option for
document management.
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February 2008 |
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Asia-Pacific: Source of income - Legal Week
According to Forrester
Research, the total value of outsourcing deals
struck in the second half of 2007 increased by
£724.2m from the same period in the previous year
and forecasts suggest that this level of outsourcing
activity will continue in 2008, with Gartner
predicting global outsourcing market growth of 8.1%.
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February 2008 |
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Insourcing v Outsourcing -
TNSN
You will probably have
heard about the work/life balance, well this edition
of Navigator is about the insource/outsource
balance. When I was first introduced to the terms,
my immediate reaction was that I do not outsource
and what on earth is insourcing! The fact of the
matter is that we all both insource and outsource
various functions in order to progress
our businesses.
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February 2008 |
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Legal outsourcing growing fast
in India
First there were the
common consumer solutions and business processes
that were outsourced. Next came research and
knowledge, followed by e-learning with the West
outsourcing its teaching needs to countries like
India.
The latest in line is the Legal Process Outsourcing,
a one that is estimated to be a $640 million
industry in India by 2010.
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28 February
2008 |
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KPO identified as the next
wave of outsourcing - Network World
A new report has
labelled Knowledge Process Outsourcing (KPO) as a
recognized and mainstream
outsourcing option, particularly in the
financial services sector.
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15 February
2008 |
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The outsourcing guide
- Legal Week
It is now commonly
accepted business practice to adopt outsourcing as a
means of refocusing organisations on core matters,
reducing non-core operational risk, improving
quality and staff morale and reducing cost.
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24 January 2008 |
