That according to Boston lawyer Jay Shepherd. You can rely less on outside counsel, use “lower quality” firms or work out fixed fee arrangements. But what about outsourcing some aspects of your work? Isn’t that choice number 4? Outsourcing overseas can lower costs by bringing in talent that is highly skilled but willing to work for a lower wage. That’s the resource that IPEngine brings to the table (i.e. highly credentialed engineers and scientists who command significantly lower compensation because they live in India). It is the solution offered by other LPO’s as well.
Are There Only Three Ways to Cut Legal Expenses?