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Legal Process Outsourcing (LPO) – or what this article will simply refer to as “legal outsourcing” – is precisely as it sounds: it’s when a firm (or company) sources legal help from external networks. Common in the Canadian law scene, roughly half of all major law firms polled say they use legal outsourcing for large projects and for cases requiring specialized knowledge. And although not all legal outsourcing companies are made equal (more on that below), with some research you can find legal help of a genuinely high, help that will greatly benefit your firm.
The first and perhaps most obvious benefit of legal outsourcing is that it saves money. Compared to hiring an in-house attorney, outsourcing is incredibly cost-effective, offering the same quality of work for a fraction of the price. The money you save can be reintroduced into your core business, bolstering your firm’s more essential activities while streamlining your accessory legal needs.
It’s an effective system that many successful firms have made use of, though it presumes a high level of legal outsourcing quality – for this, you need to stop by the LexLocom website and consider what they can offer. LexLocom, a network of Canadian legal experts, is the best way to go if you’re looking to find help that’s both valuable and cost-effective.
Another benefit of legal outsourcing, one that clients tend to appreciate, is that it cuts the turnaround time down significantly. It makes sense: you can have one or two legal experts dedicated to a project, or a large group – the latter will be able to finish the project in a fraction of the time, freeing up time for further projects. And that one or two legal experts you were going to put on the project can be effectively used elsewhere. If your firm feels constantly “in the weeds”, or as though you can’t possibly take on more projects, perhaps it’s time to make use of legal outsourcing.
There’s also something to be said for the “fresh eyes” an outside legal expert can lend to a project or role. It’s no secret that “law” can mean a number of different focuses, and using legal experts from a large, quality network can offer your firm the benefit of a unique approach, a new way of considering problems. Say, for instance, you need help on a real estate project. You can look for lawyers, law clerks, paralegals, firm managers, etc., that specialize in real estate, giving you a clearer focus and better results. For a fraction of the price of in-house legal help, you can target, and access, legal experts with credentials specifically suited to your project. It just makes solid sense that a firm would want to do that.
And that’s the bottom line. Your firm’s capacity isn’t always going to match its needs – such a perfect world unfortunately doesn’t exist – but luckily there are quality networks out there, containing skilled, specialized and cost-effective legal experts that can help your firm tackle a large project or fill an unforeseen absence. It makes perfect sense that many large firms are turning to legal outsourcing as the solution to their capacity issues.
