Legal process outsourcing is a growing trend, according to Staff.com, as it "is emerging as a lower cost and fast growing alternative to the traditional model," (they even have an snazzy infographic to prove it). Has your company used legal process outsourcing? Interested? Here are some basics on determining whether legal process outsourcing is right for your company.
Why Use Legal Process Outsourcing?
The main reason to use legal process outsourcing is cost. According to Corporate Counsel's informal online survey it conducted last year on the legal process outsourcing industry, of the companies utilizing outsourcing, 68% chose to do so "to reduce costs." In fact, of the companies they interviewed, all had started outsourcing after the downturn. Other reasons to outsource legal process are to save time, manage risk, and create efficiencies, according to Infosys.