Why Traditional Legal Professionals Don't Stand a Chance August 2014 | Page 5
Relocation
Having a prestigious address has been
an important marketing tool for many
law firms. Today, law firms seek
cheaper locations or relocation of
certain departments such as
accounting or Litigation Support
because the work can be done over
the Internet.
Lower wages, and other expenses save
the firm and client money. Work no
longer needs to be physically located
near the client. Frankly, you can be
anywhere in the world.
Outsourcing
Law firms kicked and screamed
to avoid following Corporate
America’s trend: outsourcing work to
other countries such as India. “Not in
my firm,” said many.
However, one of the most actively
developing areas in the legal field
today is outsourcing. Why?
Technology and cheaper wages.
Lawyers and Legal Professionals
alike fear outsourcing will take away
their jobs. In a sense, they are right.
Delegating work to a lower,
competent and less expensive
level is the direction of the
future.
How to combat it? Learn
higher levels of expertise
in more diversified
areas.