Why Corporations and Law Firms are Using Virtual Intellectual Property

Why Corporations and Law Firms are Using Virtual Intellectual Property

Due to the recent economic slowdowns, several corporations and law firms are under pressure to reduce their overheads. Expenses like general administration, setting up in-house paralegal teams, and knowledge management account for about 20% of the total overhead expenses that law firms (with 20+ lawyers) typically incur.  That’s why the Legal Process Outsourcing (LPO) industry … Read more