Reasons to Hire a Legal Outsourcing Company for Legal Drafting

The global financial crash not so long ago witnessed an exponential boom in the demand for legal services. It came to a pass where law firms around the world were hard put to draw a fine balancing line between servicing existing clients, taking on new clients and attending to core legal activity. It was then that Legal Process Outsourcing (LPO) services really took off providing rock solid back up services to the legal fraternity.

Law firms and legal luminaries around the world started offering high-value services to their clients and were able to cope with peak demand levels without any significant addition of manpower or infrastructure. This savings in costs was optimally utilized for client servicing at competitive rates and to focus on business expansion.

There are many aspects that you can spin off but you will stand to gain the most if you decide to outsource legal drafting. This is because it is a tedious and time-consuming process and is based on in-depth research, a thorough understanding of the law with regard to the subject under drafting and maintaining the precise legal terminology.

Any slip here can lead to protracted litigation by those who would try to get beyond the reach of law by exploiting the loopholes. Taking this facet upon yourself will only be a waste of time which you can fruitfully spend in other remunerative tasks. And you can also be sure that the outsourced agency entrusted with legal drafting would be having the best of lawyers on their rolls with a high degree of proficiency in this field.

When you decide to outsource legal drafting do it comprehensively to free yourself from this mundane activity. These should include drafting that–

• Covers agreements and contracts mutually decided upon by the respective parties to meet their objectives and conforming to set legal patterns.

• Covers all documents related to Intellectual Property such as Privacy Policy, Copyright Notice, Copyright registration and Copyright infringement and Disclaimers. It should also take into account fresh structuring of documents and re-drafting and proof reading of existing ones. 

• Covers documents to facilitate effective Discovery. Some of the facets to be taken into account here are Request for Production, Request for Admission, preparing Interrogatories and Request for Witness Production. 

• Covers memorandums of law after intensive research and analysis on specific legal issues. The recommendations and opinion are then incorporated in the document which should also include the sections of law on which it is based. Similar to this is writing to client on matters related to his case in precise and unambiguous terms. 

• Covers petitions to be moved in court. It should be convincing enough to persuade the court or arbitrator or mediator about the authenticity of the petitioner’s submissions. The same goes for Negotiation Letters and Settlement Agreements.

• Covers contract review, analysis, editing, proof reading and re-structuring of agreements, pre-drafted contracts and other documents related to the court. 

When you approach reputed tried and tested legal outsourcing company, it means you have access to a vast pool of expert lawyers who are well versed with the laws of the respective countries in different jurisdictions. Any amendment to rules and laws in other countries is always in their notice so that legal drafting is always as per the current laws in force. Another important thing is that they scrupulously maintain the secrecy of any work outsourced to them. This should be crucial for you as maintaining client confidentiality will always at the top of your priority list.

Finally you can offer heightened levels of client servicing by speeding up the drafting process through outsourcing. Time differentials between you and the outsourced agency ensures that a vital piece of document sent at the close of business hours to them gets drafted and finalized and is on your desk in the morning when you come in. 

With so many advantages it can only be a win-win situation if you choose to outsource legal drafting. 

Legal Outsourcing Improve Services and Cut Down Costs

A latest report based on analysis of law firms in the US demonstrated that almost 9 out of 10 large legal firms and about 60% of mid-sized firms outsource a good number of back-office processes. Furthermore, approximately 33% pointed out that they considered on getting involved in increased outsourcing possibilities within the subsequent 2 years. 

Legal Outsourcing Services

How to Identify the Right Managed Review Provider in the Market?

Businesses are under constant threat to perform or perish in today’s world. The birth and rise of outsourcing industry proves that innovation is crucial to survival. Law firms have started looking outside to save on ever-increasing litigation costs and manage internal resources in an effective manner. This is the first step in what would prove to be a game-changing idea for the organization in the future. The toughest part of the process is to find the best offshore legal service provider.

The managed review partner should be able to tick all the boxes in the checklist. Like any other business, there would be several players eying-up for the project. You need to make a list of points you would want to see in an ideal review partner. 

Legal Service Provider

The following points would help a law firm identify the right service provider:

• Check the portfolio to know about the existing clients. It would help to establish trust and faith in them.
• Strong financial background to attract talented and career-oriented professionals.
• Utmost attention to physical and intellectual data security.
• Highest quality standards to manage in-depth and defensive review system.
• Investment in advanced e-discovery programs.
• A team of experienced, dedicated and expert professionals to ensure accuracy and timely delivery.
• A can-do attitude towards challenging tasks. They should assist the law firm by doing something extra like creating a knowledge base to be used for other cases in the future.
• Creating a loyal chain by offering value-based services

Offers Accurate, Effective and Cost-Effective Business Model

Managed review solution provider should be able to create a successful bonding with outside counsel. The focus should be on developing a low-cost business model without compromise on the quality aspect. It should also focus on creating a sound system to enhance the overall performance. 

Managed review partner should be committed to delivering quality services at different levels. This is one aspect which would decide what type of partnership they would forge in the long run.

These service providers have raised the bar by setting impeccable and unmatched standards. The reporting system helps to win the confidence by providing accurate and detailed information.

The difficult bit is to identify the right service provider. You need to pay close attention and try to figure out the best one. A top solution provider would have an in-depth understanding of core and non-critical business activities. They would also find innovative views to reduce the costs further.

Consider Employee-centric Policies a Key Contributor

A top managed review provider invests a lot on employee engagement programs. They develop a culture where employees feel motivated and responsible to achieve personal and collective goals. It gives an insight into the corporate philosophy of the company and goes along in establishing a partnership with them. 

A law firm would like to know if they have a specific training program in place or not. It is a healthy sign if the company has Six-Sigma reviewers and managers to assist the team. It would directly result in better quality as expert professionals would supervise the project. These professionals would bring something extra by utilizing resources such as advanced management tools and providing assistance on the case.

Analyze the Security Standards to Protect Data and Intellectual Property

The security standards should be up to the mark to ensure smooth functioning of daily operations. It makes perfect sense to run a thorough test before agreeing on exchanging or sharing information with the managed review team. You should check the visit the property and check the facilities in person to avoid any confusion later on.

These are some of the common points you should pay attention:

1. The facility should offer the right kind of environment to conduct the review.
2. Tailor-made working space to enhance productivity. There should be multiple monitors to carry on the operations effectively.
3. Workstations should be designed keeping global working culture in mind. It should provide secure space to maintain confidentiality and protect data.
4. It should have ISO 27001:2005 Certification and EU Safe Harbor Compliance.

The legal support services provider has several responsibilities to perform. They need to perform different tasks at different times to uphold the brand image. They need to create and implement strategies, protect sensitive data, maintain confidentiality and offer value-added services etc. It is about creating a long-term business association with the managed review partner and achieve periodic goals by working together as a team.