International CoSourcing Group - Strategic Cost Reduction

Administrative costs have become a major concern for law firms today. What a firm spends to support its attorneys in their work is a significant and growing portion of the firm’s gross income. Every administrative dollar saved converts into an additional investment in the overall growth or strengthening of the firm.

Many firms have undertaken cost reduction programs in the past. These programs were often initially successful in achieving cost savings. However, many firms found it difficult to sustain the savings level and to pursue additional savings in a systematic and ongoing manner.

International CoSourcing Group has developed a comprehensive approach to reducing the costs associated with providing administrative support to a firm’s attorneys. Using a combination of analytical tools, benchmarking and innovative practices our consultants can significantly reduce the cost of providing high quality services to your attorneys.

The four service lines that comprise Strategic Cost Reduction are independent and may be implemented together, in sequence or selectively depending upon the needs of the law firm.

	April 12, 2006

Strategic Cost Reduction Administrative costs have become a major concern for law firms today. What a firm spends to support its attorneys in their work is a significant and growing portion of the firm’s gross income. Every administrative dollar saved converts into an additional investment in the overall growth or strengthening of the firm. Many firms have undertaken cost reduction programs in the past. These programs were often initially successful in achieving cost savings. However, many firms found it difficult to sustain the savings level and to pursue additional savings in a systematic and ongoing manner. International CoSourcing Group has developed a comprehensive approach to reducing the costs associated with providing administrative support to a firm’s attorneys. Using a combination of analytical tools, benchmarking and innovative practices our consultants can significantly reduce the cost of providing high quality services to your attorneys. The four service lines that comprise Strategic Cost Reduction are independent and may be implemented together, in sequence or selectively depending upon the needs of the law firm. Our Strategic Cost Reduction Services: - Purchasing InSight - Law Firm Evaluator - Benchmarking - Discovery Services - Finance/Administrative Outsourcing and CoSourcing	LEGAL BUSINESS INSIGHT INTO:
	Strategic Cost Reduction
	Purchasing InSight Law Firm Evaluator Benchmarking Discovery Services OutSourcing / CoSourcing
	Strategy and Operations
	Strategy Development Financial Management Partner Compensation Mergers and Acquisitions









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