Working with fellow professionals profitably-flexibility is key
OUTSOURCING-HELPING THE NICHE FIRM
Business Lawyers (BL) often provides legal services to clients of other firms and those of other professions of various backgrounds, sizes and locations. We know that law firms are increasingly becoming more specialised in their key areas of technical expertise and consequently many seek to exploit a particular niche through highly focused services. As a result it is no longer possible to provide a wide variety of service offerings unless there is sufficient client work and capability to deal with that work. Wisely such practises decide to outsource in an appropriate manner to Business Lawyers-the legal practice focusing on SME legal matters- leaving the law firm to concentrate on the niche in question. A referral or reciprocal referral scheme may be agreed in such situations.