Orrick Herrington & Sutcliff is a magnificent firm that had the courage to be innovative and create a Virginia based service center for itself. and now, according to an article in The Lawyer.com:
Orrick Herrington & Sutcliffe is planning a new outsourcing services company for other law firms.
“The truth is that the global 100 are competing with each other, but most lawyers aren’t in those firms. There’s a whole universe of lawyers who are spending inordinate amounts of money doing their own finances and supporting their technology and we can do it for a fraction of the cost,” said Baxter.
Fast Forward: There will be amazing challenges watching the outcome will be akin to NASA scientists watching Deep Impact. There will be surprises and perhaps more success than many will have the courage to predict. Punchline: Whatever happens, keep an eye on this and learn from it we don’t see too many clear transitions in the practice of law if this works, it will in hindsight have been a big one.