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04 August 2017 / Ben Fielding
Issue: 7757 / Categories: Features , Profession
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Force for change?

Is legislative change contributing to a demand for outsourced document review & compliance services? Ben Fielding

The unbundling of legal services has been the subject of much debate ever since the first instances of legal outsourcing were documented. However, while drivers in the past have been cost savings made possible by technological advances, recent legislative changes look set to increase the demand for outsourced document review and compliance services.

Traditional document review is a classic example of legal process outsourcing. Typically law firms and corporations reach out to external providers because of time pressures, the need for teams of multilingual lawyers to be assembled at short notice and cost savings. Projects like this are arranged reactively and although project management and forensic data collection is important, the document review task is linear and short term.

However, two major changes to legislation are about to be implemented that are already changing the way companies and in-house counsel are using resources such as document review lawyers, ediscovery vendors and project managers.

Changes to legislation not only require an

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MOVERS & SHAKERS

Signature Litigation—Catherine Naylor

Signature Litigation—Catherine Naylor

International fraud and asset recovery offering boosted by partner hire

Stevens & Bolton—Alexa Payet

Stevens & Bolton—Alexa Payet

Private wealth disputes team adds contentious probate specialist

Morgan Lewis—Paul Feldberg

Morgan Lewis—Paul Feldberg

Firm strengthens investigations and sanctions capabilities with London partner hire

NEWS
Cheshire West, which established an ‘acid test’ for deprivation of liberty safeguards, has been overturned by the Supreme Court
The Chancery Division and other segments of the High Court are to be replaced by a new Business and Property Division (BPD), in a major civil justice shakeup
Law firms that hold client money will need to file annual accountants’ reports and make a declaration, the Solicitors Regulation Authority (SRA) confirmed this week
Two district judges and a tribunal judge have been sanctioned for delays in delivering judgments and orders
Private equity (PE) investment into UK law firms halved to £250m last year, but deal volume rose, according to research by Acquira Professional Services’ Momentum private equity market tracker
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