Friday, June 19, 2009

Simmons and Simmons to rock the LPO industry

Simmons and Simmons, one of the major law firms, is considering the option of using qualified lawyers in low cost jurisdictions to get the benefit of 50% cost saving.

Managing Partner Mark Dawkins said “We’re not going to defend a business model that clients don’t want to have to pay for.” This time the company’s “three-year strategy” is to maximize efficiency. In light of this vision they are thinking of “… new ways of working at the top end of the market”. And the step to move work offshore will come as one of the decisive decisions not only for the firm but also for the industry. It would set a precedent for other law firms in using agency lawyers in offshore locations.