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Kick back and relax

22 February 2007 / Margaret Lang
Issue: 7261 / Categories: Features , Profession
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Outsourcing allows law firms the chance to rejuvenate their services, says Margaret Lang

While consolidation and competition continue to exert pressure on law firm management in the UK, the legal profession has followed commerce and industry’s example: importing outsourcing as a management tool. This apparently simple concept has long been regarded in the corporate world as a key mechanism to deliver effective business strategies and tactical objectives such as improved customer response, faster delivery times, reduced assets or headcount, as well as converting fixed overhead costs into variable contracted costs. In many organisations functions such as IT, finance and human resources (HR) have been outsourced to expert providers who service a number of similar businesses and can therefore deliver economies and efficiencies of scale which are passed back to the client.

Incentive to outsource

Although relatively unexplored within law firm management—with a few high-profile exceptions in the largest firms—the outsourcing debate has moved quickly in the last two to three years. Firms increasingly seek to improve client service levels, positively impact partner profits

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MOVERS & SHAKERS

Hamlins—Maddox Legal

Hamlins—Maddox Legal

London firm announces acquisition of corporate team

Ward Hadaway—Nik Tunley

Ward Hadaway—Nik Tunley

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Taylor Rose—Russell Jarvis

Taylor Rose—Russell Jarvis

Firm expands into banking and finance sector with newly appointed head of banking

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