Law Firms Are Growing Profit Margins with Law Companies
Law firms are outsourcing legal work to "law companies" far more than anyone expected 20 years ago, even 10 years ago. These companies, sometimes called "alternative legal service providers," provide law firms with legal research, drafting, and a variety of other functions normally performed by paralegals, associates, and partners. LawCompany, for example, is an outsourcing industry leader in both thought and practice.