Thursday, November 25, 2010

News and More News Round Up

This has been quite a week for LPO, from the Pange3-Thompson Reuters deal to the ABA’s release of draft commentary for the Model Rules. Now the Brits want a place in the LPO limelight.

What better way to recapture the world’s attention than to have two UK top firms – CMS Cameron McKenna and Herbert Smith – to make back-to-back announcements?

On Tuesday, CMS Cameron McKenna partners voted in favor of perhaps the most transformational outsourcing initiative by any major law firm. Ever. Hats off to the Camerons team who were in charge of the internal partner (aka cat herding) after some initial skepticism.

Not to be outdone, Herbert Smith “nailed the news agenda in the face” by announcing the launch of a captive document review center in Northern Ireland. The center is set to open with approximately 20 personnel, but Herbert Smith seems to have ambitious plans to expansively scale their Northern Ireland capacity.

The Lawyer reports, “Given that surveys of clients regularly find that they prefer a) paying less for work, as opposed to b) paying more for work, the venture should be a success.”

The importance of an onshore option is something we’ve recognized for quite some time. It’s great to see firms validating the onshore model both Stateside and now in the UK with Herbert Smith.

Apparently after all of the hard work during the last couple of months, firms are ready to get things off their drawing boards to have something to celebrate this holiday season. Who knows what else will happen in the LPO industry before the start of the New Year...