Monday, October 1, 2012

Do you really know what’s hurting your practice


If you’re among the 100’s of law practices who want to outsource in order to control their legal expenses but are not able to figure-out what to outsource, here’s a tip that might be of help to you.

This is exactly where law firms need to work upon if they want to use outsourcing to the best of their advantage. Some tips that can help you identify what can be outsourced are:         

  •  Differentiate between core and non-core activities.    
  • Try and find out the processes which are less productive, monotonous in nature.
  • Evaluate the opportunity cost of your time spent on each process.
  • Evaluate the number of man hours spent on each process.
  • Set the objectives that you need to achieve from outsourcing.
  • Consult with vendor for any suggestions from his side.
  • Select the process which you need to outsource.
I’m sure you’ll agree that any firm considering outsourcing is actually willing to accept and implement change in its procedures, service delivery or any other functional area to be able to survive in this competitive environment. 

The process of change starts from identifying what is the function that actually needs to be changed followed by the rest. No matter how well the objective or the end result of the change is being defined but unless you know what is it that you need to work upon, pitfalls are inevitable.

At last, I just want to say it’s high time that the firms start considering re-structuring or innovative ways to steer themselves out of the hardship that they are into at present.


1 comment:

Anonymous said...

All these tips are very useful for legal firms and legal consultants. Really awesome.

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