Australian firm Mallesons Stephen Jacques signs outsourcing agreement
Mallesons Stephen Jaques has announced that it will outsource legal work to India as a way of cutting costs in a tough market. The firm has signed an agreement with US-Based legal outsourcing company Integreon, and plans to use 200 of the company's trained lawyers in India for low level legal work such as document review, document processing, due diligence and discovery relating to litigation.
Managing partner Tony O'Malley described the deal as a "watershed moment" for the Australian legal services industry, saying: “We are making efficiency our business, whilst responding to cost pressures in the highly competitive legal market.”
He said the firm made a conscious decision to take some leadership in this area, and added: "This agreement will deliver the sourcing alternatives and efficiency that our clients are demanding, and enable us to maintain the oversight and control necessary to deliver the level of legal advice for which we are known. LPO is already common practice elsewhere in the world, and it’s time that our clients have access to, and benefit from this innovative business practice.”
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