He wrote that he'd «like to caution the legal industry about possibly having a knee - jerk reaction to the latest business development trend du jour, perhaps in response to the serious and ongoing challenges of a global market that has produced flat or
lower demand for legal services in recent years.»
Not exact matches
But if I were to guess, one has to think that they see the opportunity to
service the growing
demand for low cost, quality
legal services.
A survey released yesterday on the business of law and
legal technology finds that competition
for legal services remains high,
demand remains relatively flat, and law firms are feeling pressure to
lower prices and enhance operational efficiency.
To increase
demand for litigation
services (essentially the only
legal service area out of reach of most Canadians), you must
lower the cost of those
services.
The Access
Legal Care «system» is based on 12 key components: 1) be profitable for the attorneys and legal - services providers; 2) apply the Pareto principle — focus on the 20 % of all legal services that 80 % of lower - and moderate - income people will likely ever need; then prune / refer - out those that are high - complexity / high - dollar (too risky) and contingency cases (already affordable); 3) process - map the remaining services into individual steps; 4) functionally - decompose each process step to the lowest - cost provider who can perform the step legally and with excellence; 5) streamline processes with Six Sigma and manufacturing principles; 6) centralize operations for economies of scale; 7) collaborate and out - source to expand reach; 8) leverage technology to minimize costs and maximize productivity; 9) make affordable with both terms and price; 10) generate high demand, high - volume; 11) develop multiple revenue streams; and 12) package up the system and re-sell it to other law firms and cli
Legal Care «system» is based on 12 key components: 1) be profitable
for the attorneys and
legal - services providers; 2) apply the Pareto principle — focus on the 20 % of all legal services that 80 % of lower - and moderate - income people will likely ever need; then prune / refer - out those that are high - complexity / high - dollar (too risky) and contingency cases (already affordable); 3) process - map the remaining services into individual steps; 4) functionally - decompose each process step to the lowest - cost provider who can perform the step legally and with excellence; 5) streamline processes with Six Sigma and manufacturing principles; 6) centralize operations for economies of scale; 7) collaborate and out - source to expand reach; 8) leverage technology to minimize costs and maximize productivity; 9) make affordable with both terms and price; 10) generate high demand, high - volume; 11) develop multiple revenue streams; and 12) package up the system and re-sell it to other law firms and cli
legal -
services providers; 2) apply the Pareto principle — focus on the 20 % of all
legal services that 80 % of lower - and moderate - income people will likely ever need; then prune / refer - out those that are high - complexity / high - dollar (too risky) and contingency cases (already affordable); 3) process - map the remaining services into individual steps; 4) functionally - decompose each process step to the lowest - cost provider who can perform the step legally and with excellence; 5) streamline processes with Six Sigma and manufacturing principles; 6) centralize operations for economies of scale; 7) collaborate and out - source to expand reach; 8) leverage technology to minimize costs and maximize productivity; 9) make affordable with both terms and price; 10) generate high demand, high - volume; 11) develop multiple revenue streams; and 12) package up the system and re-sell it to other law firms and cli
legal services that 80 % of
lower - and moderate - income people will likely ever need; then prune / refer - out those that are high - complexity / high - dollar (too risky) and contingency cases (already affordable); 3) process - map the remaining
services into individual steps; 4) functionally - decompose each process step to the
lowest - cost provider who can perform the step legally and with excellence; 5) streamline processes with Six Sigma and manufacturing principles; 6) centralize operations
for economies of scale; 7) collaborate and out - source to expand reach; 8) leverage technology to minimize costs and maximize productivity; 9) make affordable with both terms and price; 10) generate high
demand, high - volume; 11) develop multiple revenue streams; and 12) package up the system and re-sell it to other law firms and clinics.
The thought was that this would help deal with an «imbalance» between the
demand for legal services and the supply of lawyers, thereby
lowering the cost of justice to the public.
As the global
demand for lower cost and efficient
legal services grows, we will see new innovations in the delivery of these
services.
Self -
service: Websites like Rocket Lawyer and
Legal Zoom, where you can create low - cost legal documents, reduce the demand for traditional legal ad
Legal Zoom, where you can create
low - cost
legal documents, reduce the demand for traditional legal ad
legal documents, reduce the
demand for traditional
legal ad
legal advice.
Speaking via video — Hurricane Sandy forced Lippman to cancel plans to travel to D.C. — Lippman said the idea
for the requirement came out of the dire financial straits facing civil
legal services organizations at a time when
demand for legal services for low - income individuals is on the rise.
The appetite
for complex commercial instruments figures to be
low — will
demand for expensive corporate
legal services decline accordingly?
One thing that is definitely growing in the global
legal market is
legal process outsourcing — having commodity work or
lower value work done by not necessarily law firms but
services based in India or the Philippines where that work is predicated upon repetitive need
for that type of work and we don't find we have the
demand for that in Canada with respect to our business.
In the case of access to the judicial system by
low - income individuals, numerous studies show there is always more of a
demand for services than
legal aid programs can provide.
The market's
demands for greater value and
lower costs has been one of the greatest permanent shifts in the landscape
for legal services.