The Resurgence of Corporate Legal Process OutsourcingLeveraging a new and improved legal support business model |
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In an economy where controlling costs is paramount, legal process outsourcing (LPO) may seem an attractive option for reducing rising corporate legal costs.
However, many executives have historically had concerns regarding LPO’s feasibility and effectiveness. They have raised questions such as:
- How much money can LPO really save?
- Will quality suffer?
- What are the risks of sharing sensitive legal information?
The resurgence of corporate legal process outsourcing
“The resurgence of corporate legal process outsourcing: Leveraging a new and improved legal support business model” presents our view that the LPO marketplace has matured to the point where many such concerns can be put to rest.
The paper explores the evolution of LPO since its inception, describes a strategy for adopting an LPO business model, and summarizes key considerations in evaluating LPO options.
We believe the time is ripe for companies to pursue the potential benefits of using LPO as part of a balanced insourced and outsourced legal support business model: cost savings, improved service levels, and a streamlined in-house legal capability focused on higher-value activities.
As used in this document, “Deloitte” means Deloitte LLP and its subsidiaries. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.
The resurgence of corporate legal process outsourcing
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