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Outsourcing is the common practice of contracting a business function that processes to a third party. The benefits of outsourcing can be huge, although it can be a complicated process. This is where an outsourcing lawyer can help.
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What's in this guide?
- Where can I find an asset finance lawyer online?
- What is an outsourcing lawyer?
- When should I use an outsourcing lawyer?
- What are the benefits of outsourcing?
- Outsourcing vs offshoring
- What does an outsourcing lawyer do and not do?
- How effective is an outsourcing lawyer?
- Do I need a lawyer for outsourcing?
- Where to get free legal quotes and document templates
What is an outsourcing lawyer?
Outsourcing is the practice of moving operations to an external third party. Outsourcing allows companies who are leaders in a certain area to produce higher quality goods or services at a lower cost and allows them to focus on their strengths.
An outsourcing lawyer will help a business who is looking to outsource their services. The process usually includes an in-depth contract between the primary company and a third party. An outsourcing lawyer will draft the agreement between parties.
When should I use an outsourcing lawyer?
If you run or manage a business and are looking at a way to efficiently reduce cost, or simply wish to export a process externally, you might want to consider speaking to an outsourcing lawyer. They are experts in this area of law and know how to make the process as effective as possible.
Lots of different tasks in a variety of sectors can be outsourced. The most popular sectors that use outsourcing include:
- Information technology
What are the benefits of outsourcing?
There are many reasons why a business may choose to outsource a particular task, job or a process. Some of the benefits include:
- Frees up your business so you can focus on the things you do best.
- Choosing an efficient third party can help you be more productive, offer a better service and increase quality.
- Helps release capital for investments in other areas.
- Helps you and your employees leverage knowledge and skills.
- Gives you access to facilities and capabilities otherwise inaccessible or unaffordable.
- Makes a business more flexible and agile.
- Allows you to adapt to a changing market.
Outsourcing vs offshoring
Outsourcing is taking a role or activity and moving the responsibility to an external party. Offshoring is taking a role or activity and moving it to an offshore location. Although out of the country, your company will still manage the outcomes of the role or activity.
What does an outsourcing lawyer do and not do?
Because outsourcing is a widely used business practice across a variety of industries, an outsourcing lawyer can perform or give advice on a variety of tasks and processes. Below is a list of the tasks or processes an outsourcing lawyer can help with, and also a list of legal areas not suited to an outsourcing lawyer.
- Advise throughout the lifecycle of an outsourcing relationship
- Structuring a deal
- Transition and implementation
- Exit planning
- Contract management
- Shared services
- Applications, desktop and data centres
- Network and communication
- Website and data hosting
- Payroll and accounts
- Offshore transactions
- Facilities management
- Property outsourcing
- Dispute resolution
- Family law
- Criminal law
- Civil litigation
- Estate planning
How effective is an outsourcing lawyer?
An outsourcing lawyer offers a well-rounded service that can help you put together a successful and appropriate contract. They will aim to adapt a transparent and clear approach to your matter, ensure your liability is limited and your costs are reduced.
Outsourcing agreements often take the form of service agreements. When outsourcing, it is crucial that all requisite agreements not only formalise the arrangement but also provide protections in case something goes wrong in the process.
Do I need a lawyer for outsourcing?
The practices of outsourcing offer a business many cost and operational opportunities. To maximise the value and efficiency of outsourcing, there is a level of careful management and preparation that a lawyer understands. They understand how outsourcing can impact a business and its employers.
By using an outsourcing lawyer, you can maintain your service and withhold your reputation. Outsourcing lawyers also understand domestic and international employment, data security, privacy, real estate, technology, compliance, and tax.
Where to get free legal quotes and document templates
- Lawpath. When you apply for a free quote with Lawpath you will receive three proposals, which can easily be compared.
- LegalVision. Use LegalVision's contact form to receive a fixed fee quote.
- Sprintlaw. Sprintlaw is a new type of legal company that exclusively offers legal advice online and on a fixed fee basis.
- Net Lawman. Net Lawman offers legal documents that can not only protect you, but also give you an advantage in the legal world.
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