Large law firms and in house legal departments of large enterprises have enjoyed the benefits of outsourcing (quicker turnaround and lower costs) with success for quite some time in the United States.
On the other hand, small and midsize enterprises and law firms have just begun to outsource legal work to enjoy these benefits. This has become possible with a wider availability of technology at a lower cost, in addition to the arrival of a new breed of vendors who are addressing the unique requirements of small and midsized enterprises and law firms.
These vendors are providing services with better quality, by leveraging on technology and through deployment of experts in the work which is outsourced. Lawyers from India are increasingly familiar with US law and have several years of experience in doing legal work for US law firms and in house legal departments of large corporations. It has become possible to deploy experts these days due to aggregation of work from various clients, and the cascading higher volume of work.
The law firms and in house legal departments have enjoyed the benefits of a quicker turnaround time. The work left with the Indian entity at the end of their day is completed and available when they arrive at work the next day. These have become as important as the other core reason for outsourcing, namely saving of costs of law firms and enterprises have been able to save between 50 -60% of their cost by outsourcing legal services.
What work can be outsourced?
Any work that can be done without requiring fact to face interaction with clients or physical presence in a court of law can be outsourced. Some of the typical examples of work outsourced are in:
a)Contracts: Drafting, Review and management
b)Litigation Support : Discovery management, review, analysis and coding and Presentation
c)IP Rights: Search, Application for patents and defence
d)Legal and Business research
a)Contracts of Drafting, Review and Management
We prepare first-cut drafts of contracts that are fit for purpose and conform to your house style. You need to provide:
.Standard templates that conform to your house style and
.Unique variables relating to each contract
Your lawyers would still be in control over the quality of the draft and enforceability in courts of law without having to log expensive time in preparing the first cut draft.
We can handle a wide variety of contracts including contracts for:
.Sale of securities and derivatives
.Sale of goods or services
.Sale or mortgage of property
.Lease of property
.Lease of equipments
We manage your contracts by maintaining a comprehensive database of all your contracts that provide:
.Contract information (Purpose, Period, Entities, Addresses, Counsel, Validity, Termination rights, Applicable law, Jurisdiction etc
.Summary of terms
.History of notices
We maintain a summary of all obligations and covenants (to facilitate compliance) and all rights (to enforce compliance)
Our litigation support services include:
.Analysis and coding and
To help your lawyers focus on successfully winning or defending cases.
We help your lawyers to stay focused on winning the case by providing discovery management support.
Our services include:
.Understanding case issues and priorities
.Determination of collecting strategy
.Determination of work processes to speed up and yet not miss out on collecting documents
.Quick focus on most useful documents by continuous elimination of irrelevant items
.Quick analysis of documents for materiality, relevance, confidentiality and privilege; rapid automated
codification and validation
.Quick production of documents to facilitate rapid internalization and access
We can work with your proprietary document discovery management system or any standard off-the-shelf solution including ConcordanceFYI and CaseLogistix.
In spite of increasing popularity of e-discovery, physical paperwork has continued to stay. We help your lawyers by reviewing physical paper documents and codifying them for rapid prioritization and access.
We measure our success by reducing your attorneys document review time and cost. Not just by being more competitive than other providers in discovery process.
Our lawyers (supported by domain professionals) can support you in
.Prior Art Search,
.Assessment of patentability,
.Invention disclosure evaluation and
.Drafting the application for patents.
We offer support in IP Asset management with review of potential or existing infringements and in litigations to protect against such infringements.
d)Legal and Business Research
We conduct research on industry standard private databases as well as public domain databases to provide research support to your team of lawyers to win/defend litigation or to provide counsel to clients on complex issues.
Our research support includes:
.Reviewing case law precedence
.Reviewing contracts and
.Preparing summaries and abstracts.
Where to outsource?
Law firms and in house legal departments typically outsource legal work to someone who is willing to understand their requirements, and give quality service that they require.
TaurusQuest is one such company, which has acquired expertise in serving small and midsize enterprises better, and has been recognized for its operational excellence and delighting service. We were awarded 4th worldwide by the US based Black Book of Outsourcing for one of our services in 2007. We have a number of legal professionals who have experience in providing the services mentioned above to US and International law firms and to business enterprises. The senior executives of the company have lived and worked in the US.TaurusQuest has two delivery centers in Chennai, India with 300 seats.