Implementing a Corporate Legal Process Outsourcing Solution
Key considerations before embarking on the legal service delivery transformation journey
As organizations have evolved and become more complex, so too have their service delivery needs for functional and business support processes. Increasing regulations and litigation costs are driving corporate legal budgets through the roof and as a result, companies are seeking legal spend reductions and asking their legal departments to figure out how to operate more effectively and efficiently. Service delivery approaches that worked for corporate legal teams in the past can no longer sustain the vision and requirements for the future.
To address these concerns, corporate legal departments are increasingly looking to legal process outsourcing (LPO). In implementing an LPO solution, corporate legal departments need to determine not only what areas they want to source but also the right time to implement such a solution. Under the right circumstances, the issues facing corporate legal departments can be effectively affected by a broad legal service delivery transformation approach involving LPO.
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