LEGAL PROCESS OUTSOURCING
Any firm or corporation, when seeks legal help or support, from any law firm or company outside, and hands over the responsibility of performing all law related activities of such firm or corporation, it is referred to as legal process outsourcing.
When the firm outsources its legal ventures, to a law firm, functioning in another country, then it is referred to as offshoring. This is because in such case the law firm would only be able to perform services, wherein physical presence is not involved.
In case where the work is outsourced to a firm working domestically, it shall be referred to as outsourcing, since then the law firm can provide physical presence as well, such as providing court appearances for the clients etc.
Thus in order for a company to outsource its work, both the parties, should enter in to a contract, such that the terms of the agreement are listed down in the most clear manner, and both such parties be subject to such terms.
The services provided by legal process outsourcing involve contracts, legal research, patent registration, trademark registrations, litigation services, documentation, digital content watching or tracking etc,. Mainly, they can be divided into two categories;
Those services which are manpower intensive jobs, such as legal research, documentation, contract formations, etc., and the second category, being high-value-service jobs, which involve the use of high legal expertise and consist of complexities and technicalities such as patent/trademark filling, negotiations between two parties, stature and case law research and analysis, court proceedings etc,.
There are various advantages, which legal process outsourcing provides to firms. Some of these are-
Thus LPO, provide a great way for business firms to perform their business activities, in a way possible such that they retain and emphasise on achieving their business goals, and at the same time, thrive in all legal related aspects.