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Commercial contracts - lease abstraction - legal due diligence - customised
projects Until now, offshore legal services providers
and outsourcing companies have largely focussed on the provision of back-office
services to law firms. But why - if large and sophisticated clients of law firms
have become comfortable with offshoring and outsourcing true legal work - should
law firms themselves not also now begin to do that? As several
commentators on the legal market have commented - those law firms which do not
begin to embrace the concepts of offshoring and outsourcing risk losing a commercial
advantage which they would otherwise obtain. Most medium
and large sized law firms find themselves:- - Required by clients to
do work which is unprofitable to the law firm - but which needs to be done if
more lucrative work is not also at risk of being lost;
- Shocked when they
actually take the time to analyse the profitability and efficiency of many routine
types of work which they undertake; and
- Delegating to junior lawyers
tasks such as updating terms and conditions of purchase and sale; agency contracts;
distribution contracts, software licences, etc.
NewGalexy typically
works with document templates which are pre-agreed with our clients. We are often
included in training which our clients use internally within their legal departments.
These same features can readily be applied to routine legal tasks undertaken within
law firms, allowing law firms to:- - Improve response and delivery times
to their clients;
- Avoid loss-making work;
- Maintain quality
and their own styles and "look and feel" of documentation; and
- Win plaudits
from their clients for being innovative and creative.
Every
law firm will have slightly different issues. NewGalexy is always willing to discuss
and explore customised ways of working and identification of optimum means of
interaction between our lawyers and our clients' lawyers. For large-scale projects,
reciprocal secondments may be appropriate. In any event our working relationship
with our clients is always a relationship of "partnering". |