This article is the last in a four-part series (Part 1, Part 2 and Part 3) on implementing a corporate legal process outsourcing (LPO) solution. It highlights key considerations related to determining timing of a LPO initiative.
Once a corporate legal department determines which services to outsource, it should next determine the ideal time to make such a transition. In assessing whether a function is ready for outsourcing, a company should determine whether the process requires further maturation within the organization before being sourced and, if so, whether they should outsource before, during or after internally transforming those processes. As LPO solutions become more commonplace in the market, corporate legal departments are beginning to take a more sophisticated approach to legal service assessment and to view LPO as a way to supplement or complement broader corporate transformation initiatives.