Facing increasingly challenging economic conditions — including clients unsympathetic to inflation-driven rate increases — firms are under pressure to reduce costs. With the inherent nature of a partnership model driving a focus on profitability, a penny saved for partners is quite literally a penny earned.
Savings generated by reducing unnecessary or excessive expenses is also a sound strategy to free up resources that can be applied to funding other important or new operational priorities, initiatives, technologies and personnel.
But investing time and energy to review expenses, re-adjust service levels, and even swap out vendors has its own costs. And that’s where InOutsource brings unique perspective, skill and insight to the equation. We have a proven methodology for helping firms cut costs, reduce expenses and improve profitability — with deep expertise in analyzing and re-negotiating existing vendor contracts.
As skilled advocates for our clients, we combine a strong understand the unique needs, practices and priorities of firms with an ability to speak the “language” of your vendors, applying our understanding of their practices, pricing and proclivities to your benefit.
Our proven, three-step process to lowering your costs delivers savings, satisfaction, and improved efficiency for you and your firm.
We can work as your advocate to re-negotiate existing contracts or to identify, evaluate and engage new providers. Understanding our experience and station, vendors often present more favorable terms when InOutsource is in your corner. When it comes to negotiations:
With agreements in place, compliance and utilization are frequent areas firms can achieve additional value. If vendors aren’t performing or firms aren’t fully utilizing products or services, cost-saving adjustments should be made. To help firms achieve these benefits:
InOutsource worked with Shumaker to assess the current state of information governance at the firm and identify the steps that would need to be taken to transition to a “paper-lite” environment, supported by strong information governance (IG) policies and processes.
At InOutsource, we recommend a multi-pronged approach to cost containment in records management and retention. Over the years, we’ve helped many leading law firms reduce costs and get the most out of their vendors in records and information management. The firms’ clients also benefit from reduced overhead and a more responsive client service.
(Originally published by the International Legal Technology Association – ILTA) As law firms attempt to reduce costs associated with managing physical files, information governance (IG)
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Marcia Cook comes to InOutsource with 17 years of IT experience with the last 7 years heavily focused on Business Intelligence and Data Warehouse Development, as well as Data and Analytics solutions. Prior to completing her bachelor’s degree, Marcia also worked as an Executive Assistant for various employers including Micron Technology, American Express, University of Utah, and the United States Army Kwajalein Atoll (USAKA).
Marcia has extensive experience with various Analytics tools including Qlik, Tableau, Sisense, OBIEE, and Domo. She has studied both Kimball and Inmon data warehouse methodologies, Software Development Life Cycle (SDLC), and various programming languages including SQL, C++, Java, .NET, and python.
Marcia obtained her Bachelor of Science in Mathematical Science with a minor in Computer Science from University of Alabama in Huntsville.
In addition to work, Marcia has been a college Math tutor for all ages, specializing in general mathematics, algebra, and calculus.
