As many lawyers can attest, working in the legal domain can be a very rewarding, albeit challenging, profession. The opportunity to work on interesting cases and help clients resolve problems will be what attracted many legal professionals to their career in the first place.
Yet for many lawyers, it can seem that the desire to focus on the subject in hand, whether it be contracts or case law, is stymied at every turn. Increasingly, lawyers are required to wear multiple hats concurrently.
Marketing, IT systems, human resources, payroll and corporate compliance are just some of the of issues that eat up the time of many modern-day legal professionals. While all these matters need to be attended to in order to run a successful practice, they take up a considerable amount of time and take the focus away from the central legal issues.
Outsourcing Legal Services
What can you do if you find that all the extraneous matters surrounding the running of your legal practice are taking up more of your time than the law itself? The answer lies with the use of legal process outsourcers or LPOs.
These businesses provide legal managed services to busy lawyers, enabling them to spend more time with clients and less time overseeing the business of being a lawyer. So what do you need to know about legal process outsourcers and how can they help your business?
What Functions Can Be Outsourced?
The provision of legal managed services by legal process outsourcers has caused a paradigm shift in the delivery model for legal services.
Legal outsourcers provide a full suite of services encompassing payroll, accounting, professional indemnity insurance and e-discovery to name just a few of the resources an LPO can provide. One of the best examples of work that is ideally suited to outsourcing is the business of marketing your law firm.
The proliferation of Social Media and digital content marketing has necessitated a sea change in the way in which law firms operate. Having an up to date online presence is crucial to both interface with clients and attract new business.
However, the ability to successfully navigate the online domain requires a unique skill set with which many lawyers are understandably unfamiliar. So, what can you do to ensure that your firm is not left behind? This is where working with a firm that provides legal managed services can be uniquely beneficial.
A legal process outsourcing firm will have access to a team of marketing professionals who are familiar with the most up to date digital marketing strategies as well as knowledge of the specific needs of the legal market.
In comparison, employing a marketing professional in-house is both costly and inefficient, as, on top of the fixed costs associated with an employee, there is likely to be significant downtime when no marketing work is required.
Added Benefits of Outsourcing
The benefits of working with a legal outsourcer can be summed up in one word: flexibility. Working with outside vendors will allow your firm to quickly tailor its capabilities in response to client demands and workload.
If you are a smaller firm, this will allow you to quickly scale-up, thereby levelling the playing field and giving you access to the type of clients and cases that previously would have been in the exclusive purview of the larger firms. Furthermore, flexible staffing also reduces your firm’s overhead by avoiding the fixed costs of salaries and benefits.
Importance of Identifying the Right Vendor
Because of both increased cost and increased competition between law firms, many lawyers are recognising the unique benefits working with an experienced provider of legal managed services can bring to their firm.
However, it is imperative that you carefully consider who you wish to partner with. Consider what services you are likely to outsource and choose a provider who has the expertise and experience you require.
If you are curious about just what an LPO can do for you, check out a number of websites (one such provider Excello Libertas can be seen here excellolibertas.com) and do your research in order to find the best fit for your business.
So don’t wait any longer. If you are pining for the days when a lawyer could spend most of the day with clients, instead of accountants and marketers, then working with an external legal services provider may be the answer you’ve been looking for.