The current legal scenario is highly fast paced and competitive. Firms spend massive amounts of time and effort into research, due diligence and such other formalities. These processes may be tedious in nature and are essential as there is no room for errors in the legal field. Apart from time, firms increase their costs due to the extra workforce they have to hire for research and the online databases they have to purchase for effective research. However, there is a viable solution to solve these problems; delegating these tasks and availing the research and consultancy services offered by firms. They offer various services; due diligence services, legal document review, legal research and compliance law research among others.
Legal research services offered by various firms are efficient as well as cost-effective, tailored to suit the needs of all corporations, however big or small they may be. Team of experts are highly experienced and knowledgeable of varied fields of law who work towards providing the best possible services for all clients. Firms have a plethora of resources at their disposal to ensure the highest quality of research along with full accuracy. They have various systems in place to perform the different tasks; their strict quality control measures ensure that the information gathered is from reputable and trustworthy sources. For case specific research, the experts perform their task in constant communication with the main attorney to make sure that the purpose is fulfilled. Firms additionally conduct thorough research of precedents, and present an overview to have reasonable expectations concerning the case.
Benefits of Outsourcing Legal Research:
• High Quality of work:
By outsourcing your legal research to experts with a wide range of resources available to them, you can be rest assured that all the work you delegate will be completed with the utmost care and efficiency and will be produced in the highest quality possible.
• Cost Effectiveness:
It is no secret that firms spend a large volume of money on hiring legal counsel and additional workforce for research and due diligence. However, firms provide high quality services at competitive prices, which will help reduce the overhead costs of your firm.
• Reduce your workload:
By delegating formalities such as research you will reduce the workload of your firm and will be able to focus on your core tasks that are highly beneficial in the long run.
• Confidentiality and Quick:
By delegating your research to the firm, you are bound to reduce your turnaround time for cases and this is highly beneficial and the firms should make sure that the sensitive data is safe and secure. Firms should be highly client centric and should make every task you give them to be their top priority. Firms believe in building a long term relationship and hope to keep providing you with high quality services.
Process:
• Step 1: First briefing and collection of material takes place. Firms collect the required documents for review and consultation or the attorney in charge of the case briefs us about the case and what the requirements in the present case are.
• Step 2: After thoroughly understanding what the client’s needs are, firms create a research team or put in place a mechanism for effective outcomes. Initial conflict checking and background research is then conducted.
• Step 3: After all the formalities are completed, and a contract is in place, the experts begin completing all tasks that need to be completed; conducting thorough research while in continuous contact with the client. The team collates all applicable statutes, relevant citations, case laws, etc. The team then goes through all the case laws and statutes and does additional research in case there are new findings in the case.
• Step 4: After adequate research, all the applicable regulations are classified, structured and documented. This is done after extracting requirements from applicable regulations and adjusting inconsistencies between requirements. A first draft is sent to the client to get feedback and see if any changes need to be made.
• Step 5: After the documentation process, our quality team goes through the collated statutes and regulations for a final round of validation with the existing laws. During this process great care is taken to establish traceability between business processes, to ensure all applicable requirements are met. After the quality check, the final draft is submitted to the client.
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