Providing Client Intake and Records Management Consulting to the Legal Industry

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Able to keep the project focused and applied very knowledgeable project management skills…it was important to have someone coordinate all the internal pieces and InOutsource gave us best practices for the industry. InOutsource was able to show downstream implications of the system with support of highly qualified technical skill sets. — Jeffrey Brandt, Former CIO, Cozen O’Connor

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Archive for May, 2008

InOutsource Announces Merger Readiness Service

InOutsource Announces New Service Offering for Law Firms Planning for Growth Merger Readiness Consulting Services Helps Firms Growing Through Mergers, Acquisitions and Lateral Hires

InOutsource, a leading provider of records retention and information management consulting to law firms, announced the launching of a new service offering to address the needs of law firms that are considering growth through mergers, acquisitions and recruiting lateral talent. InOutsource Merger Readiness Consulting Services helps firms establish the framework necessary to perform conflicts due diligence and address issues in a systematic and practical way as they arise during the process of merging, acquiring other firms,
or hiring lateral attorneys.

Thorofare, NJ (PRWeb) May 24, 2008 — InOutsource, a leading provider of records retention and information management consulting to law firms, announced the launching of a new service offering to address the needs of law firms that are considering growth through mergers, acquisitions and recruiting lateral talent. InOutsource Merger Readiness Consulting Services helps firms establish the framework necessary to perform conflicts due diligence and address issues in a systematic and practical way as they arise during the process of merging, acquiring other firms, or hiring lateral attorneys.

“Our new service offering will allow us to help clients as they grow to stay competitive in the marketplace while still mitigating risk and maintaining integrity of client information,” said Nancy Beauchemin, founder and president of InOutsource.

Read more: Press Release – May 24, 2008

Shifting Roles

by Nancy Beauchemin of InOutsource

Responsibilities in law firms are changing, so when it comes to client intake, conflicts checks, and records management, whose job is it?

Where do client intake, conflict checks, and records management fall within the law firm? Historically, accounting departments were responsible for these processes, which more specifically fell within the duties of the billing area. In some firms, these functions are handled by the records department.

But where should these processes fall within the firm? Given the complexity of current compliance standards, these functions are shifting to the responsibility of loss prevention teams. In this article, we will dissect this trend and discuss the necessary skill set for the team responsible for client intake, conflicts checks, and records
management.