Brief Summary:

With increasing expectations for better service and proficiency, being a top-notch lawyer is no longer sufficient. Legal firms must surpass competition with up-to-market services and cost-effectiveness.

Outsourcing paralegal services is one way to substantially reduce costs and get improved services.

What do the stats say?

According to the Global Market Report by Research and Markets, the legal process outsourcing market is projected to grow to $38.13 billion in 2027 at an expected CAGR of 26.7%. This substantial increase in numbers shows legal firms' immense trust in paralegal outsourcing services.

Paralegal services are a strategic solution that provides law firms and legal departments with legal support instead of maintaining in-house teams. Outsourcing this critical legal aspect provides legal firms with a pool of skilled professionals, streamlined operations, reduced turnaround time, and flexibility.

Organizations are realizing the various benefits of paralegal support outsourcing and have been defining ways in which they can do this to optimize their operations without hampering client confidentiality.

In this blog, we will discuss three tasks that can be outsourced to paralegals.

Top 3 Tasks for Paralegal Support Outsourcing

1. Legal Research

By outsourcing this intricate task, legal teams can conduct in-depth legal research on case law, statutes, regulations, and other relevant legal precedents. With this, law firms can strategically optimize their workflows, allowing attorneys to focus on core legal tasks.

• In-depth analysis - Paralegals can delve into the intricacies of legal databases to extract relevant data related to a particular case or issue.

• Memoranda preparation - Paralegals are proficient in legal writing and drafting memoranda. They can provide a detailed legal analysis and opinions derived from meticulous research. These documents serve as invaluable documents for attorneys.

• Drafting court-ready documents - Paralegals can draft court-ready documents such as briefs, appeals, and motions to streamline the litigation process.
• Multijurisdictional statute surveys - Paralegals can conduct surveys on statutes across multiple jurisdictions, making it easy for attorneys to navigate diverse legal frameworks and prepare effective strategies.
• Summarization of case laws - Paralegals can make complicated case laws easier to understand by converting them into short and clear summaries This helps lawyers get a quick and complete grasp of the legal situation related to their cases.

2. Litigation Support

By outsourcing the crucial aspects of litigation support to paralegals, legal firms can achieve enhanced efficiency while ensuring a well-organized approach to the complexities of diverse litigation scenarios.

• Document review for relevance - Paralegals can meticulously review documents and identify key details essential for legal proceedings.

• First pass privilege review - Paralegals can thoroughly examine the data, ensuring the confidentiality of sensitive details and allowing legal teams to maintain the integrity and security of privileged communications.

• Substantive issue coding and redaction - Paralegals can bring their expertise to the coding and redaction process, categorizing legal issues within documents. This helps to present only relevant details during legal proceedings.
• Expertise across diverse litigation areas - Paralegals possess specialized knowledge across a broad spectrum of litigation areas - intellectual property, class actions, securities, mergers & acquisitions, pharmaceuticals, insurance, defense, antitrust, US governmental investigations, foreign regulatory inquiries, bankruptcy, etc.

3. Bankruptcy Support

By providing comprehensive support for bankruptcy-related tasks, paralegals can play a crucial role in financial areas.

• Data entry from client intake forms into bankruptcy software - Paralegals can ensure seamless data transfer from client intake forms into specialized bankruptcy software, ensuring accuracy and adherence to procedural requirements.

• Online real property and vehicle search - Paralegals can conduct online searches to gather information about real property and vehicles. This is a crucial step in assessing the client's financial situation and ensuring that all relevant assets are considered in the bankruptcy proceedings.

• Online search for criminal records and lawsuits - Paralegals can do thorough online research to identify criminal records or ongoing lawsuits that may impact bankruptcy proceedings.
• Draft presentation of the petition and schedules - Paralegals can draft an accurate presentation of the bankruptcy petition and schedules, including a means test, ensuring that the documentation aligns with legal requirements and strengthens the client's case.

To Sum Up

Paralegal support outsourcing can be an added benefit to legal firms. Delegating critical tasks like document & contract management, litigation support, and legal research to an experienced company like Primis lets legal firms focus on core legal activities, saving them a lot of time.

Reach out to us to outsource paralegal services today!