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.