Monday, November 16, 2009

More law firms may join the outsourcing trend

Travers Smith, Hammonds and Halliwells are the latest firms interested in cutting costs by sending either legal or back office support work to outsourcing companies.

These firms like Pinsent Masons and Eversheds are in the process of exploring several benefits attached with offshoring legal work. Eversheds is to save up to £2m a year through an outsourcing deal with Exigent. National duo Hammonds and Halliwells are at an earlier stage of debate but both firms are considering outsourcing options for both legal and back office functions, although they have yet to make any decisions about which work, if any, they will eventually send out. Hammonds expects to make a decision within the next year.

Needless to say that outsourcing in the legal domain is no more a nascent phenomena. Rather it has become one of those events which are hard to ignore.