Legal Transcription And The Benefits Associated With It - By On October 16, 2011·

Legal transcription is defined as the search of authorized assistance from other law firms inside or outside the country. The procedure has developed most due to the need for companies to search for above-board assistance. Other factors that have had an impact on the processes are the increased use of internet, improvement of data security network and the development of new technological features.

Most local law firms have automated their services, enabling them to use the internet features. Development in different countries has also contributed a lot to this process. Clients are now able to access information they require about lawful assistance online. This process also helps to reduce the cost incurred during the search for a good lawyer who can represent then in lawful issues.

One country that has enjoyed success in use of these services is India. This is because the country has adopted English to be used in teaching students in colleges and other learning institutions. The use of this language has led to the country producing some of the best English Language speakers in the world today.
The state also enjoys a high labor force that is dedicated towards service delivery. Majority of these laborers are graduates from colleges and universities, and this makes service delivery even better. Workers employed at the law firms are also graduates with law degrees. This makes the legal system easy to access and improves the service delivery to clients.

Getting legal information outside one legal firm helps in saving the cost involved. The group tries to reduce the total cost incurred by hiring a local representative by half. You also enjoy external experience and talent from other representatives. The organization also tries to reduce the total time involved in the process of getting help from law firms.

This is because all information is stored in the same site, and is available to you every time you need it. The group also helps in the reduction of work pile up in most local firms. This pile up is normally caused by lack of qualified personnel to handle it. The company provides a chance for such forms to join them and enjoy their services.

The group has also helped many local law firms deal with their bulk duties. This is because most of the firms lack adequate qualified staff who can work on the work. The organization provides an opportunity for the forms to register with them, and in turn help them with the work.

Legal process outsourcing has enjoyed success over the recent years. Many people around the world have adopted the idea and have fully utilized the opportunity offered. The process helps on fast delivery of legal assistance whenever needed.

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Outsourcing the Right Things for the Right Reasons: Value From Legal Process Outsourcing (LPO) October 4, 2011 2:36 PM | By -- Danny Ertel, Partner at Vantage Partners

Recently, there has been much debate as to whether legal process outsourcing (LPO) is a good or bad thing. But much of the debate neglects to consider that LPO is not just "one thing." To be carried out successfully, LPO programs have to be "fit for purpose," and as the objectives to be met are quite different, LPO programs (including thoughts on what to outsource, to whom, under what terms, and subject to what governance) must also be different. Law firms, for example, might think about different kinds of outsourcing to meet very different objectives: from back office outsourcing aimed at reducing overhead costs (e.g., IT or Finance activities), or middle office outsourcing aimed at improving performance or competitiveness (e.g., knowledge management or business research), to front office outsourcing aimed at improving the cost effectiveness of delivery models (e.g., document review or due diligence).



For those of you who are a part of in-house sourcing organizations, thinking about how to help your law departments explore outsourcing, the choices of value propositions (and their implications for selection, negotiation, and governance) are quite different:

• Reducing internal headcount by shifting lower-value tasks to an LPO provider (offers limited savings; watch for upfront and governance costs) 

• Reducing external spend by shifting activities from outside counsel to an LPO provider (provides greater savings; due diligence and three-way governance are critical)

• Shifting internal resources to more valuable work (enhances law department productivity rather than produces immediate savings; change management is crucial) 

• Providing new, previously unaffordable services to the business (brings new services rather than savings; good cultural fit and appropriate incentives are essential) 

In addition to letting clear objectives shape your selection process, experience suggests there are a few other things to keep in mind, given the current immaturity of both buyers and providers of LPO services.

• Craft an RFP that is "fit for purpose." LPO services are at the more commoditized end of the legal services spectrum, but they are not actually commodities only differentiated by rates. If you ask them to "bid on your spreadsheet," what you get back may have little to do with the law department's objectives. An hour of time from one is not necessarily the equivalent of an hour of time from another, even for services described the same way. A good LPO provider should offer more than just lower cost labor. Their use of technology and effective process management, and the quality of the people they hire and train, will drive differences in quality, productivity, error rates, and more. To help you realize the potential value of outsourcing these activities, make sure your request allows providers to differentiate themselves in ways that matter to your outsourcing objectives. 

•  Hold their feet to the fire on value. Your process should allow providers to "show off" what differentiates them and still enable you to make some direct comparisons of their pricing and value proposition. Hourly rates may be interesting indicators, but they don't really tell you about value for money; in my experience, the number of hours they estimate the work to require varies more widely than their rates. In one recent engagement, for example, the law department set up a data room with materials from a prior, already-closed transaction and asked providers to use that data room as the common basis for their estimates of what a comparable summarization exercise would cost. Providers were asked not only to come up with an answer, but also to "show their work" so that the evaluation team could understand how they went about developing their estimates and what assumptions went into it. 

• Let them know early on that experience matters. There is a steep learning curve in delivering legal support services efficiently and with quality. Providers who cannot convincingly demonstrate that they have had sufficient experience delivering sufficiently similar services should not get your business, and they should know so before they waste their time (and yours). Ask about their experience in concrete terms (e.g., years delivering the service, volumes actually delivered, numbers of FTEs and teams, locations out of which they replicated their processes). Ask for case studies and relevant references. Ask providers to describe how they ascertain the quality of their work and what their data show. 

Law departments have traditionally kept their sourcing colleagues at arm's length. To help break down some of those barriers, you will need to show them that you understand their challenges, speak their language, and can add value. Helping facilitate an informed discussion about outsourcing objectives and how those objectives should drive the selection process is a great place to start.

http://www.spendmatters.com/index.cfm/2011/10/4/Outsourcing-the-Right-Things-for-the-Right-Reasons-Value-From-Legal-Process-Outsourcing-LPO

Legal Research Services Posted: Oct 03, 2011 by sbl

Legal research is commonly the process which would help in maintaining and recovering data and information which would help in making decision related to legal activities. Many of the law firms and organization gain support from outside legal support companies in-case of any legal issues. This process is often referred to as LPO (Legal Process Outsourcing).

There are many firms working in and across India, which provide legal research services to other firms. To provide this, a deep study on the legal matters is required. Many organizations have a dedicated team working behind this so as to provide timely guidance and service to its clients. Law varies in each country, so to provide this service a deep understanding of the law of that particular country is necessary. Many of the legal process outsourcing organizations offer services in legal research and writing, document review, drafting of pleadings and briefs etc. The organizations providing legal research services are mainly established in countries like India, Canada, US, Latin America, Philippines etc.

Growing litigations, increasing use of technology, increasing compliance procedures have in turn increased the demand for the legal research industry over the time. Legal research service providers are now common in India. With a deep study of the context and the competition in the field, it is easy for an organization to provide services related to legal activities. Providing legal process outsourcing services may seem to be a complicated one, but with a deep understanding and study in the matter, this would be an interesting task.  A firm providing legal research service will surely have a team of lawyers working behind this task who will be very keen in understanding the law of a particular country as per the requirement.

Lawyers and the team working to give a solution to the legal related activities often concentrate in reviewing the documents written related to the legal studies. They also focus on drafting up documents related to law. In order to perform this, detailed study and research on the particular matter is required.  Many of the reputed organizations across the world provide various legal process outsourcing services.

Most of the organizations outsource this service in order to save cash and time and this is considered as an added on advantage of this service. Most of the outsourcing firms charge less compared to that of an independent attorney. This is the main reason why LPO firms gained popularity within a very short span of time. These firms also assure you the delivery related to the legal document some time and there by it help in saving cash and also time.

http://www.articlesbase.com/national-state-local-articles/legal-research-services-5271393.html