Archive for August, 2006
Monday, August 28th, 2006
Understated Outstating
Psst . . . here’s a secret: a few larger law firms in high-cost states have been quietly outsourcing their IT work to lower-cost staffers in low-cost states. Those low-cost IT staffers do the work (presumably at a rate at or above market for their area), and the attorneys in the high-cost states enjoy […]
Comments Off - Posted in Outsourcing by Chad
Saturday, August 26th, 2006
The World of Legal Matchmaking
Here’s an interesting article that discusses the growing popularity of legal matching sites:
Fierce Competition for Online Legal Matching [TransWorldNews.com]
No Comments » - Posted in General by Chad
Friday, August 18th, 2006
The Upcoming Associate Shortage
The Professional Services Marketing Blog cites a study that says only 40.7% of law firm associates believe they’ll still be with their current firms in five years. So where are the other 59.3% of associates headed? Corporate positions, public service, and other firms each get a sliver (between 7% and 10% each), but […]
Comments Off - Posted in Outsourcing, Freelancing by Chad
Thursday, August 17th, 2006
Keeping it Special(ized)
Over the last 24 months I’ve had several friends leave their big law firm practices to launch a solo or small firm practice. With the exception of one person, all of them say that it’s the best thing they’ve ever done and they can’t believe it took them so long to make the jump. […]
Comments Off - Posted in Freelancing by Chad
Monday, August 14th, 2006
Outsourcing Legal Work
The Texas Lawyer recently ran a story discussing how executives are looking at outsourcing and offshoring as a way to cut legal fees. The article says that with associate salaries on the rise, and billing rates likely to follow, the likelihood of outsourcing and offshoring of legal services is “very real and will only […]
Comments Off - Posted in General, Outsourcing by Todd
Monday, August 7th, 2006
Understanding Legal Outsourcing
If you’re looking for a good place to begin understanding legal outsourcing (and outsourcing in general), take a look at The Strongest Links column in the April 2006 issue of Law Practice Today. It provides concise summaries of almost two dozen websites related to outsourcing, including Outsourcing Center, Offshore Legal Services, and Outsourcing Blog. […]
Comments Off - Posted in Outsourcing by Chad
Thursday, August 3rd, 2006
Flat Fee Pricing
If you’ve ever tried to set a fixed or flat fee for a project, you know it’s often a difficult and challenging process. Chris Marston at Inside the Future of the Law Firm and Carolyn Elefant at MyShingle.com both recently commented on the process, and note that despite the challenges, it has some significant […]
Comments Off - Posted in Pricing by Chad
Wednesday, August 2nd, 2006
ABA Roundtable on Legal Outsourcing
Earlier this year the American Bar Association assembled a top-notch panel to discuss legal outsourcing. They later published the discussion in “Law Practice Today” (the ABA’s law practice magazine) and on the ABA website. The entire article is worth reading, but here are a few highlights:
Is outsourcing something real or just another area […]
Comments Off - Posted in Outsourcing by Chad
Tuesday, August 1st, 2006
The Rise of Legal Outsourcing to India
The Tribune (India) and ihotdesk are reporting on predictions that Legal Process Outsourcing (LPO) will be the next big outsourcing wave to hit India. From The Tribune:
Legal process outsourcing (LPO), as it is being called, has very high growth potential, and according to latest estimates, it can fetch 79,000 jobs in India by 2015.
According […]