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4 Key Criteria To Assess If Legal Process Outsourcing (LPO) Works For Your Company

Legal Process Outsourcing

Increasingly, solo law firms and corporate legal departments are looking for Legal Process Outsourcing to cut steadily increasing US legal costs and generate more value while maintaining quality in services. LPO service providers have also correspondingly increased the numbers and breadth of legal services offerings, along with a highly strategic approach to legal process outsourcing. How do you assess whether Legal Process Outsourcing is the right thing for your company?

Does It Deliver Reduced Cost Of Work?

An important criterion for gauging the utility of Legal Process Outsourcing is competitive costs, while maintaining quality legal work, and countries like India offer cheaper offshore location for this. For example, most US firms quote between $10,000 to $15,000 to prepare and file a patent application which can be prepared for $2,500 to $3,500 in India.Along with employee salary, the budget spent on employee recruitment and benefits as also infrastructure can be a huge saving for clients.

Does It Improve Processes And Efficiencies?

Legal practicessmall and bigneed to leverage cutting-edge technology to improve their workflow and efficiencies in order to stay competitive, including: Cloud-computing softwareComplex document management apps and systemsWidespread use of mobile devices

Your Legal Process Outsourcing should be able to deliver the benefits of innovative and tech-savvy servicesimproving your processes and profits

Does It Enhance Data Collection and Metrics?

Legal data has increased manifold due to increasing use of mobile devices, social media, and internet of things (IoT), complicating the discovery production and document review process.Discovering, preserving, collating, and validating the ever-increasing data has generated its own issues.

Outsourcing e-Discovery processes can help small practices as well as corporate law department save big money on maintaining in-house legal resources, infrastructure, and the latest legal software.

Does It Boost Your Productivity?

Legal practice involves a host of painstaking, precise, and time-bound legal research, drafting, documentation, and administrative work, eating into your time meant for litigation and court appearance. Legal Process Outsourcing can greatly improve your output through:Proficient legal professionals, experienced in laws of relevant jurisdictionDedicated legal resources, working from a managed officeStringent deadlines and delivery dates scheduleQuick turnaround time

VirtualEmployee.com

VirtualEmployee.coma leading global Legal Process Outsourcing services provideroffers dedicated and qualified Indian legal professionals for hire, offering virtual legal assistant, legal managers, paralegals, and legal research staff.

Tech-savvy and innovative legal solutions for solo, small, and corporate legal departmentsISO 9001 certified processes and facilities for entire range of legal services.Knowledge of laws of different jurisdiction and legal drafting rulesPatent services, drafting and document review, contract management, trademark and copyright services, digitization and document conversion, and more

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