Which function do UK law firms want to outsource ?
A recent survey by Prince OMC, a strategy consulting firm which offers sourcing advice to service firms, has found that 45 % of Law firms in UK are contemplating outsourcing the finance function. Like any other industry, the law firm has a core function, legal advice and other functions which support this core function. The support function includes, IT infrastructure, Finance , HR and admin.
The survey has found out that 36% of those polled would consider outsourcing the IT function, while 50% of in house lawyers believe that law firms should offshore to cut costs.
Sources:
http://www.princeomc.com/pressreleases/press_release010209.html
http://www.moneymarketing.co.uk/cgi-bin/item.cgi?id=186096&d=340&h=341&f=342
http://theorangerag.blogharbor.com/blog/_archives/2009/5/8/4179005.html
