Wednesday, September 2, 2009

Alternative fee arrangements are no longer optional - freelancers can help law firms adjust

The Wall Street Journal has cited Pfizer, Cisco, and American Express as just a few companies intent on reducing the amount of legal fees it pays to its outside law firms. "'Billable Hour' Under Attack," Wall Street Journal, August 24, 2009, Nathan Koppel and Ashby Jones.

Rio Tinto, a leading international mining group, is reportedly bypassing its external counsel and working directly with a legal outsourcing company to outsource some of its legal work, saving $1M in legal fees by paying lower rates that its main external counsel Linklaters and Baker & McKenzie. "Outsourcing is taking hold," Financial Post, August 26, 2009.

U.S. law firms ought not wait until their clients start outsourcing for them. Onshore outsourcing by using freelance legal professionals needs to be explored, and through the use of FreelanceLaw.com, that is easy to accomplish.

FreelanceLaw.com is an online, searchable database that allows law firms to connect with freelance legal professionals. Instead of paying hundreds of dollars to post a single job/project post for 30 days, law firms can search a database of over 1,200 freelancers at no cost and directly negotiate agreements with them. Furthermore, unlike other freelancer sites like guru.com, FreelanceLaw was designed by an attorney, factoring in the specific needs and requirements of the legal industry.


Explore the FreelanceLaw.com experience with a FREE "Introduction to FreelanceLaw.com" webinar, offered on September 28th at 11:00am Pacific (2pm Eastern), and October 1st at 3:00pm Pacific (6pm Eastern). REGISTER NOW at the FreelanceLaw website.

Prior registration as a user of FreelanceLaw.com is recommended, but not required, for participation in the webinar.

1 comment:

Anonymous said...

Hey There. I found your blog using msn. This is a really well written
article. I'll be sure to bookmark it and come back to read more of
your useful info. Thanks for the post. I will certainly comeback.


Also visit my web-site miami lawyer