Tuesday, March 23, 2010

2010 Global Sourcing Release

Fronterion is proud to announce the release of the 2010 Global Sourcing Study: A Globalised Profession and Multi-Shore Delivery of Legal Services Study. The complete study is available by contacting the following: GlobalSourcing@fronterion.com

In summary, findings clearly show significant growth in the onshore legal outsourcing delivery market as well as increased interest from law firms and clients.

In undertaking this study we sought to answer two fundamental, but compelling questions regarding onshore legal outsourcing delivery:
1. Is there a new career path available for today’s law graduates outside of pursuing jobs at traditional law firms?
2. What is the viability of the onshore legal outsourcing market?

What we discovered about this small, but fast-growing onshore outsourcing industry – in which law firms and in-house legal departments send work to specialised delivery centers in the United Kingdom or United States, rather than India, South Africa, etc. – is the importance of a compete and thorough review of all legal resources available to law firms today.

For a number of reasons, the study includes a strong focus on onshore UK legal markets. As such, the survey polled executives from 17 of the largest global outsourcing providers, as well as ten of the 20 largest UK law firms.

The results of the 2010 Global Sourcing Study revealed that approximately 300 full-time lawyers and legal professionals are currently at work in delivery centres in Scotland, Wales and the Southwest of England. Of the top 17 global vendors, 10% of their legal delivery staff is based in the UK.

The onshore industry remains a small part of a larger trend toward offshore outsourcing, but it is certainly something that we expect to grow significantly as legal outsourcing continues to attract attention from law firms and large corporations. Consequently, this change will lead to new opportunities for legal professionals in the UK and the US.

Some 75% of outsourcing vendor executives surveyed by Fronterion said at least some of their clients had expressed an interest in onshore delivery, while 24% of vendor respondents reported a significant number of their clients were interested in onshore delivery. A further 82% of outsourcers said their clients were interested in hybrid solutions – a combination of onshore and offshore outsourcing – with over 41% of outsourcers reporting a significant interest in the hybrid-shore delivery model.

More information is available on the Fronterion website at www.Fronterion.com/2010GlobalSourcing