It is becoming common practice for law firms in the US, UK, Canada and Australia to outsource a portion of their legal work, largely due to the increasing costs of qualified legal staff locally. Law firms throughout the world are turning to legal process outsourcing in order to increase their flexibility and expand their in-house capabilities, while benefiting from the lower living costs in countries like South Africa, where there is an oversupply of skilled lawyers and paralegals who are unable to find jobs in local law firms. These trained professionals are ready to execute your work in an efficient, timely and cost effective manner.
Many more law firms are reverting to legal process outsourcing in order to lower their costs and increase profitability, without having to employ additional staff. The global legal process outsourcing market is estimated to reach $35.9 billion by 2025, which would result in a growth of 31.8% from 2019 to 2025.
The Advantages Of Legal Process Outsourcing
1. Cost efficiency
Through outsourcing, your firm will be able to reduce operating costs, as there will be no need to recruit more staff and pay their salaries or employee benefits. Your firm will further save on the costs associated with hiring, such as training, equipment and infrastructure costs. By outsourcing some of your legal work to South Africa, you will gain access to an incredibly skilled workforce, at a fraction of the cost of hiring the same professionals in the US, UK, Canada or Australia.
2. Amplified work efficiency
More often than not, law firms are overloaded with work to the point where they are required to work after hours. This overload of work can negatively affect the quality of the work they produce. This is where outsourcing can play a crucial role, it not only amplifies your work efficiency by using outsourced legal staff, but can also help your in-house staff to maintain a better work-life balance. Furthermore, if your firm is currently at the point where it is unable to keep up with the workload, why turn work away when you could simply outsource for a fraction of the cost and still make a generous profit?
3. Better focus on core business activities
Outsourcing may be an effective option if you want your staff to be focusing on core business activities, like meeting with clients and taking part in courtroom activities, as opposed to the timeous and mundane procedural tasks. From paralegal work to legal writing, outsourcing will enable your in-house staff to focus on the more important tasks. Your firm can delegate non-core legal work, to free up the firm’s internal resources, allowing in-house staff to focus on growing the firm.
4. Reduced turnaround time
The use of outsourced legal staff will help to reduce the turnaround time for legal matters to be resolved. The use of both an internal and outsourced team will enable your firm to complete projects in a shorter time frame. It will also allow you to take advantage of the different time zones between countries, allowing projects to be completed much quicker than usual.
How Can Affinity Group Help?
If you are looking to increase your firm’s capacity without increasing its overhead, legal process outsourcing may be the perfect solution for you. At Affinity Group, our team of experienced paralegals and qualified lawyers have ample experience in efficiently carrying out the necessary tasks that our clients require. Contact us here.