MY FIRMS PRACTICE INCLUDES MANY CONTINGENT FEE CASES. HOW CAN OUTSOURCING HELP US?
• Generally, contingent fee cases mean that costs are advanced by the law firm. Reviewing large quantities of discovery or conducting multijurisdictional research can be time consuming, and costly. If you can reduce your costs, you reduce your “out of pocket” expenses. • Outsourcing means you have less of the firm’s money at risk. If you lose, you have minimized your downside. If you win, you have increased your margins since your fee is calculated as a percentage of the total and your lower expenses may well translate into greater overall profit.
