Because the general opinion is that companies consider only two potential sources of revenue: profits and expenditures as they consider ways to boost profitability, this is valid. Have a look at Silver Law Firm. Many lawyers predict that their profits will remain stagnant for the foreseeable future and as a result, then their firm’s billing and their own costs will both have to be cut to stay in operation. There will be an intense focus on legal costs in this trial. Although the industry is still young, it is rising in popularity in corporate boardrooms as a concept known as an expanding form of outsourcing of legal activities. as the demands to outsource legal work increase, the question arises as to whether or not to avoid outsourcing offshore outsourcing becomes more important It is unlikely that US companies will grow abroad, regardless of the difficulty of the economic climate, in the face of the loss of American jobs that are going to countries with lower labor costs, if the remaining jobs provide the same benefits and status. are there good reasons for any U.S. law firm to pursue the introduction of a focused legal outsourcing strategy? Several weeks ago, I got an email from a lawyer who is planning to outsource his firm’s legal work to a separate firm that provides outsourcing services. Despite protests and claims that doing so would hurt the existing equilibrium in the business, he went ahead and consulted with me about what he could say to his partners and colleagues in the firm about expanding the size of the firm. Many saw the firm’s decision to outsource its legal work as foolhardy and hazardous, thinking that outsourcing it would raise liability and result in multiple setbacks, such as people getting sued. Here are the top ten reasons for those in the legal industry to be careful in their use of external legal vendors.