Tuesday, October 19, 2004

Outsourcing Lawyers

Money reports attorneys are the latest to see their jobs being outsourced. A number of U.S. companies, including members of the Fortune 500 and some of the country's largest law firms, are now embracing the idea of outsourcing routine legal work to India, South Korea, Australia and other locales with far lower labor costs.

Smelling opportunity, a handful of companies have sprung up in recent years, both in the U.S. and abroad, that sell outsourced legal services.

One of them, a Chicago-based outfit called Mindcrest sells services like document management and research that feed at the bottom of the legal profession's food chain. With rates ranging from $20 an hour at the low end to $70 an hour at the top, the savings can run as high as 70 percent for work traditionally handled by junior U.S. lawyers who command close to $200 an hour.

1 Comments:

At 12:41 AM , Anonymous Anonymous said...

A

 

Post a Comment

Subscribe to Post Comments [Atom]

<< Home