Legal process outsourcing companies are turning out to be hugely beneficial for
big law firms and in-house legal departments of multi-national companies. The
success of outsourcing can be accredited to their cost effective solutions
provided in fast turnaround time. With time, small and medium sized companies
have also started outsourcing legal research, legal drafting, lease and
contract abstraction, document reviewing, patent services, paralegal and
litigation support, legal transcription and legal typing, digitization and document conversion and other such assignments to offshore service providers.
Outsourcing to LPO companies often turns out to be a good business decision, as it
gives the client more time to concentrate on other core activities. All
businesses want to streamline and secure their paperwork, which becomes even
more crucial for the legal sector which has to deal with files, affidavits and
several other legal documents day in and day out.
Types
of legal tasks which are commonly outsourced to LPO’s -
1. Legal Research and Contract Management – Legal Research,
Legal Drafting, Contract Abstraction, Lease Abstraction, Deposition Summary
Services
2. E-Discovery and Paralegal – Electronic Document Management,
E-Discovery Process, Due Diligence and Compliance, Paralegal/Litigation SupportServices
3. Legal Transcription and Digitization – Legal Transcription
and Legal Typing, Digitization/Document Conversion, Virtual Legal Assistant Services
4. Intellectual Property – Patent Services, Trademark and
Copyright Services
Legal outsourcing companies are experienced and very quick at delivering research information
and drafting or abstraction assignments. They have a workforce comprising of
law graduates and legal researchers who are proficient and well-informed about the
national / state/ international laws and they work round the clock to offer
superior quality legal services to their clients all across the globe. By
outsourcing the companies enjoy a major benefit of saving time, money and labor.
• Outsourcing enhances efficiency and productivity by resourcefully handling time consuming and tedious tasks.
• Reduces client’s workload and management headaches.
• Flexibility of hiring the staff anytime and for as much time as required.
• Ensures better cataloguing and filing of legal documents.
• Outsourcing reduces infrastructural investment for the client.
• It shortens turnaround time and fastens the work flow.
• Outsourcing reduces costs.
• Encrypted and secure file transfers via any medium as preferred by the customer.
• Eliminates the need for hiring workforce or hiring a full time lawyer.
• Outsourcing companies provide a supervisor to oversee your assignment till its final delivery.
• 24/7 customer service to resolve any queries or to provide updates on the progress of your assignment.
1 comment:
I Like to add one more important thing here, The global Legal Process Outsourcing market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Legal Process Outsourcing market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
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