Wandel im Rechtsmarkt
am 23.05.2008 von Jurabilis
For the lowest tier of work, which requires the least amount of technical expertise and where the emphasis is on efficiency, GCs will no longer turn to their traditional firms, in-house hires or new-model firms. Instead, for document review and contracts administration, where cost efficiency and the ability to scale is at a premium, one can expect to see some work shift from traditional temp firms to offshore entities. India, in particular, is an attractive market for this work, since its lawyers are trained in the common law system, speak English and typically are paid one-fifth the salary of their counterparts in the United States.[law.com]
Soweit nichts Neues. Interessant:The drive for cost effectiveness in this tier, where the work is the most commoditized, will lead to ferocious price competition and a move away from traditional …
Exponential Growth in Outsourcing of .... Legal Work to India
Law & Justice / Every lawyer active in ICT is aware of the growing importance of outsourcing in the ICT-business. But this is quiet a different story ... There is a recent trend by US law firms and law departments to outsource some of its substantive and administra…
Eine neue Kaste in der Großkanzlei-Hierarchie
Jurabilis / Die Contract Attorneys entwickeln sich immer mehr zu einer eigenen institutionalisierten Hierarchieebene neben (Senior-, Equity-, Local-, Fixed Salary-)Partnern, Associates und Paralegals. Bei Skadden zB heißen sie offenbar Staff Attorneys, bek…
Kommt das Ende der billable hour bald?
Jurabilis / Charging by the houror in six-minute blockswas originally meant to improve transparency. The problem, says Hugh Totten, a member with Valorem (latin for value), a new Chicago-based law firm that offers clients contingency fees (payable o…
Associates Wonderland
Jurabilis / I am a first year associate working in the Hong Kong office of a NYC Biglaw firm. I get the same base salary and bonus as I would in NYC, but I also get my apartment completely paid for, along with an additional 1K+/month as a cost of living adj…
Der Bewerbermarkt
Jurabilis / The most common first-year associate salary at law firms with more than 500 attorneys climbed to $135,000 in 2006, NALP reported. That figure likely was welcome relief for law graduates, whose salaries at those firms were stagnant at $125,000 from 2…
New Trends in Telecommunications 1 - Voice over Internet Protocol
Die neue Mehrsprachigkeit / One of the most important innovations which is likely to cause a revolution in the area of electronic communications is Voice over Internet Protocol (VoIP). To explain it in a simple way it is making phone-calls over internet. I am sure that most of…
» Globalisierung: "Legal Outsourcing" boomt in Indien - jurabilis - juristisches Weblog aus Berlin
jurabilis ist ein jurististisches Weblog mit Nachrichten, Urteilen, Tipps zu Studium und Referendariat"> <META NAME="REVISIT-AFTER" CONTENT="2 days"> <META NAME="robots" content="follow, ind…
» Wandel im Rechtsmarkt - jurabilis - juristisches Weblog aus Berlin
jurabilis ist ein jurististisches Weblog mit Nachrichten, Urteilen, Tipps zu Studium und Referendariat"> <META NAME="REVISIT-AFTER" CONTENT="2 days"> <META NAME="robots" content="follow, ind…
» Ecosystem of Legal Services Is Evolving
In-House Counsel information and downloads"> <meta name="keywords" content="corporate counsel, in-house counsel, compensation, free forms, contracts, legal white papers, legal, in-house counsel news, legal webcasts, legal p…
© 2004-2008 JuraBlogs | Impressum
