According to legal industry trends, today’s clients expect law firms to go above and beyond to provide legal support and services in 2021. However, focusing on everyday tiresome tasks like documentation, research, and classification of claims can delay the primary functions of the law firm staff.
By delegating these responsibilities to litigation support firms, law firms will be able to focus on other business driving aspects such as expanding their client base and reaching higher turnover.
To stay competitive and profitable,
more law firms are turning to legal process outsourcing firms. However, focusing on everyday tiresome tasks like documentation, research, and classification of claims can delay the primary functions of the law firm staff.The global process outsourcing market will expectedly grow at a Compound Annual Growth Rate of 31.8% from 2019 to 2025. Hence, the global LPO market can anticipatedly reach $35.9 billion by 2025.
Now is the best time to start as the legal industry is heading towards an agile, cost-effective, and tech-enabled future. Many lawyers are busier than ever before as a result of the recent surge in litigation.
If you are also a busy lawyer or law firm owner, outsourcing commoditized legal back-office tasks can help you optimize operations and speed up your processes in this competitive business era. It can also be the first step toward future-proofing your law business.
Factors to choose the finest litigation service provider for your law firm:
1. Assess your firm’s requirements
When it comes to outsourcing litigation support, there are numerous possibilities. However, not every one of them will be beneficial to your firm. Therefore, asking yourself these questions is the best way to start:
- What time-consuming jobs don't need to be handled by the in-house team?
- Is it necessary for support staff to be present in your office?
2. Look into legal work outsourcing possibilities that fit your requirements
Once you've identified the areas where your law firm may benefit by outsourcing, look into the various legal process outsourcing providers that are available. If cost is a significant consideration, consider outsourcing legal services where vendors might charge flat prices rather than hourly rates.
Why should you hire Cogneesol for your litigation support needs?
- We have legal professionals with comprehensive experience in legal process outsourcing
- Compared to in-house resources, Cogneesol offers litigation support at substantially reduced costs.
- You can scale up services without hiring additional in-house employees
- We take strong data security precautions to protect client data; thus, you can rest assured about your data confidentiality and security
- We have 13+ years of experience in providing legal services to top law firms and Fortune 500 companies.
- Our business models are created specifically for individual service agreements. We work with the most cost-effective and flexible pricing models.
In nutshell, hiring professional legal service providers can enable your law firm to advance without facing the high expenses of hiring new attorneys or relocating to larger offices. Outsourcing can be a big boon to your law firm if you behave wisely and methodically.
Let's now check the infographic below to understand how outsourcing litigation support services can make your work easier, help you prepare better for your cases, and its relevant advantages.
