International CoSourcing Group - OutSourcing/CoSourcing

A logical extension of Strategic Cost Reduction is to evaluate the feasibility and desirability of performing some or all of a law firm’s administrative functions in a different geographic location than the headquarters/home office.

Computer technology and communication costs have combined to obviate the need to have the accounting, human resources, payroll, IT helpdesk and other administrative functions in the same facility as the partners. Indeed, in most multi-office firms these functions are already remote from a majority of the partners.

Traditional OutSourcing involves the movement of specific functions from the client to a third party service provider who performs the functions on a contractual basis. Few of the outsourced functions staff remain with the firm.

CoSourcing is designed so that key employees remain with the firm. Repetitive administrative tasks are moved but key managers (and firm knowledge) remain.

International CoSourcing Group professionals are experienced in developing the criteria, performing the analysis and advising law firms on the benefits and challenges involved in moving the administrative functions to an outsourced or a cosourced environment.

In the recent past, our professionals have worked to create the two most successful law firm outsourcing environments and established the single, most successful shared service center for AmLaw 100 law firms in the United States.

	April 12, 2006

Finance/Administrative OutSourcing and CoSourcing A logical extension of Strategic Cost Reduction is to evaluate the feasibility and desirability of performing some or all of a law firm’s administrative functions in a different geographic location than the headquarters/home office. Computer technology and communication costs have combined to obviate the need to have the accounting, human resources, payroll, IT helpdesk and other administrative functions in the same facility as the partners. Indeed, in most multi-office firms these functions are already remote from a majority of the partners. Traditional OutSourcing involves the movement of specific functions from the client to a third party service provider who performs the functions on a contractual basis. Few of the outsourced functions staff remain with the firm. CoSourcing is designed so that key employees remain with the firm. Repetitive administrative tasks are moved but key managers (and firm knowledge) remain. International CoSourcing Group professionals are experienced in developing the criteria, performing the analysis and advising law firms on the benefits and challenges involved in moving the administrative functions to an outsourced or a cosourced environment. In the recent past, our professionals have worked to create the two most successful law firm outsourcing environments and established the single, most successful shared service center for AmLaw 100 law firms in the United States.	LEGAL BUSINESS INSIGHT INTO:
	Strategic Cost Reduction
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	Strategy and Operations
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