Forrester Research estimates that 35,000 U.S. legal jobs will move offshore by 2010 and 79,000 by 2015, according to a November 26th article in The Wall Street Journal.
This is one way law firms can try to reduce expenses for clients in a challenging economy. Potential savings are significant, with U.S. temp lawyers billing more than double the going rate in India.
Kelley Drye & Warren in New York is reported to use lawyers in India to conduct litigation document review and for straightforward contract matters. Many other firms are being asked by clients to consider outsourcing.
Like many other businesses, the future may hold an operating model where U.S. offices of law firms focus on their core legal activities while outsourcing (here or abroad) the more repetitive aspects of legal services. Certainly this is already happening in many legal sectors as well as on the client side.
Managing Partners, Executive Committees and Law Firm Administrators will be challenged to manage complex production-type matters in a distributed economy, in addition to the myriad other responsibilities like client fulfillment, business development and talent management.
Read the full story: With Times Tight, Even Lawyers Get Outsourced.
Wednesday, December 03, 2008
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