Tag: UK

Recent Legal Industry Survey Reveals In-house Counsel Expect To See Lpo Industry Expand

According to the newly published survey, “Future of Legal Process Outsourcing (LPO), 87% of in-house counsel noted that it is more difficult to manage legal risks related to company data than compared to five years ago. Additionally, 69% of those surveyed say they have seen an increase in spending on managing legal risk and compliance over the last five years. The survey was conducted by UK legal journal Legal Business in partnership with Clutch Group in December 2013 and received responses from over 200 senior in-house lawyers in the UK, Asia, and the US.

The Legal Business survey also revealed that LPOs have a large role to play in helping companies tackle large data and help companies mitigate risk. Highlights of the survey include:

*80% of respondents say they expect to see the Legal Process Outsourcing industry expand and improve its services over the next five years.
*58% of respondents say that LPOs and law firms need to work together on compliance and risk matters.
*37% of in-house lawyers say that LPOs are better equipped than law firms to use advanced technology and to use data and risk analytics.
*In-house counsel are using LPOs primarily for investigations and due diligence exercises; general litigation support and eDiscovery are close seconds.
*The UK LPO market is less developed than the US: 38% of UK-based respondents say they have used LPOs for legal work, compared to 50% in the US.
*An increase in the level of civil litigation is seen as the biggest driver behind rising legal costs. Greater scrutiny from regulators is close behind.

According to Alex Novarese, Legal Business’ Editor-in-Chief, “Our survey demonstrates the tremendous challenges and pressure facing today’s in-house counsel. From rising costs to exponential growths in data, in-house counsel are looking for efficient and cost-effective strategies to manage these new realities. If alternative providers can satisfy blue-chip clients – and a sizeable group of clients report that they do – they will keep moving up the value chain.”

These survey results and comments are in line with a number of expert predications that the next five years will see new market disrupters that begin to change the fundamental nature of legal service delivery. These new LPOs will not just focus on lowering the cost of legal services, but will try to reinvent the model altogether. There will be continued experimentation in developing new platforms for delivering legal services that will allow in-house counsel to focus on high level advisory work rather than routine assignments work. In all, the future looks bright for the LPO industry.

Check more info about: Legal Conferences in New York And Twitter – Global Outsourcing Association of Laywers

Increased Regulatory Scrutiny Contributes To Legal Outsourcing Boom

Following the global financial crisis, businesses are facing increased regulatory compliance pressures. To tighten regulatory oversight in the UK, the UK government restructured financial regulation and divided the Financial Services Authority (FSA) into two regulatory bodies — the Financial Conduct Authority and the Prudential Regulatory Authority. Across the pond, the US enacted the DoddFrank Wall Street Reform and Consumer Protection Act, which changed the American financial regulatory environment and almost every part of the nation’s financial services industry. In the wake of these sweeping regulatory reforms, companies in regulated industries, such as finance and healthcare, must be hyper-diligent with their compliance programs.

Today, industry regulators in the UK and US are aggressively investigating any allegations of corruption and bribery, particularly related to foreign jurisdictions. Subsequently, the number of investigations and litigations has increased significantly, and companies face heavy fines for noncompliance and even risk criminal prosecution.

When an investigation occurs, corporate legal departments often need to provide huge amounts of information to satisfy regulator requests. The traditional ways of gathering and collating this information and reviewing it for relevance are no longer feasible. Legal departments need to have the ability to review information quickly and cost effectively, so they can respond efficiently to regulatory notices.

Law firms may not be the ideal choice to manage large volumes of information and data in a timely and cost-effective manner. Collecting and ESI processing, forensic analysis, storage, database management, hosting, and software configuration and maintenance are non-legal services that can be provided by non-legal specialists. Legal outsourcing providers (Legal Process Outsourcing) are better positioned to handle these tasks because they typically offer advanced technology and more focus on these skill sets, which are now essential for both litigation and regulatory investigations. Seasoned LPOs are geared up to provide exactly this type of predictability of costs and time lines for disclosure and can work to a fixed budget. This provides more certainty and allows clients to control costs particularly in complex investigations or litigation cases.

At the same time, the courts are mandating a wider and deeper review of electronic documents in legal proceedings as well as an explanation of what steps parties have taken to recover potentially relevant e-documents. Again, LPOs are well-equipped to provide end-to-end data management, allowing clients to confidently outsource document management and review work in regulatory matters. Some clients are even setting up panels of LPOs and requiring their external law firms to work collaboratively with these LPOs to ensure that the potential cost savings are properly and appropriately realized.

The global financial crisis has forced corporations to develop new strategies to cost-effectively and efficiently handle investigations and litigation. As more companies look to manage the associated costs and risks resulting from regulatory scrutiny, document review and e-discovery are likely to be growth areas for LPOs.

Check more info about : San Francisco lawyers association and Intellectual Property Conference USA

Can I Legally Watch Hulu In Canada

Due to the growing popularity of entertainment streaming websites like Hulu more and more people in the UK and Canada are looking for easy and cost effective ways in which they can legally access these websites. The problem is that websites like Hulu and Netflix restrict their services to specific locations. However, with the use of a Hulu VPN in UK anyone can very easily gain legal access to these websites and can begin enjoying all the streaming entertainment they want to take advantage of. This is by and far the easiest way that you can go about watching Hulu in Canada or Netflix in the UK.

In order to acquire a Hulu VPN in UK the first thing you will need to do is run a quick online search for service providers. When you do this you will be surprised to discover that there are literally hundreds of such providers. At this point you will need to take a little time to begin comparing these services providers. Always be certain to fully investigate each and every VPN service that you are considering making use of. You want to do this to ensure that you are finding a company that has unlimited bandwidth and that guarantees high speed streaming.

When it comes to watching Hulu in Canada you should keep the following information in mind. This information has assisted hundreds of individuals in the UK and in Canada in choosing the very best VPN service provider available to them.

The first thing you should be aware of is the type of devices that you will be using to access Netflix and Hulu. Many people just want to use a PC or MAC to access these websites while others want to use their mobile phones or gaming systems. You should be aware that many VPN services available are limited to PC or MAC use only. Therefore, if you do want to use other electronic devices you will need to make use of a VPN that permits this and is capable of this.

Many VPNs limit the amount of bandwidth that you are capable of using each month with their service. This is one of the most important things that you will want to look into. If you desire to watch a high volume of movies and television shows using one of these services then you will most likely want to only consider those services that do in fact offer unlimited bandwidth.

You will also want to consider speed. Many VPN services reroute their services so much that their speed rates are really low. If you desire to experience high streaming quality then you should only rely on those service providers that guarantee high speeds and that dont over-route their services.

One of the very best service providers that you can choose to subscribe to is UnoTelly. They are a top rated VPN service that specializes in providing individuals in the UK and in Canada with access to the very best US based streaming entertainment websites like Netflix and Hulu. They offer fast speeds, unlimited bandwidth and very competitive pricing.

What is the Role of Barristers in Legal System

In England and Wales the legal system constitutes of barristers and solicitors. There is a fine line between the two legal professions. The solicitor directly and exclusively has access to the lay client, and also selects and instructs the barrister who is prohibited from dealing directly with the client. The barrister is an officer of the court who acts on behalf of a client, he or she is a lawyer who has been admitted to plead at the bar, which means that he or she has been called to the bar by the benchers of one of the four Inns of Court (Middle Temple, Inner Temple, Gray’s Inn and Lincoln’s Inn).

They are required to attain a second-class honours degree, and attend the Inns of Court School of Law, or other validated Bar Vocational Course provider, for a one year term and pass the bar final exams. Once they pass the bar exams the call is followed by a one-year pupilage in chambers. This process allows the novice lawyer to benefit from associating and attending court with an experienced barrister. The role of barristers in the legal system is to ensure that justice is provided to their clients with the best representation, in the forum of the court before the judge. The primary duty of the barrister is to the court and therefore to justice. Basically, the barrister is allowed to appear in court to argue a client’s case. Barristers are prohibited from incorporating or joining together as partners.

They are not allowed to form partnerships but a number of barristers may make up a set of chambers as sole practitioners, and perhaps share a clerk who serves other barristers. Technically, a barrister is given an honorarium not a fee, or a salary in return for the advocacy services provided to the client. Clients cannot approach the barrister directly they contact solicitors who basically brief the barrister. The honorarium is paid to the solicitor who in turn pays it to the barrister. The client cannot be sued by the barrister for the honorarium. There are many barristers in the UK that are listed on SearchMe4, the UK’s leading online business directory.

For more information on Barristers, visit our business directory.

Important Steps Involved In Legal Conveyancing

At some point in your life you might wish to buy a house. The thought of buying property is always accompanied with lengthy paper work and government formalities. Especially in the UK, your patience can be tested with the complex and time-consuming legal work involved in buying and selling matters. You will have to go through the UK conveyancing process to get your dream house. There are certain steps involved in the legal conveyancing process as below-

1)Select a house within your budget Depending on your individual financial situation calculate important expenditures in property buying. It is important to evaluate the budget and affordability factor. After taking into account things like mortgage costs, legal fees, registration of deeds and stamp duty finalize the property you are interested in buying.

2)Get a Solicitor One of the most important steps in legal conveyancing is getting a licensed and experienced conveyancer. Conveyancing is the legal work involved in buying or selling property. Conveyancers are qualified to handle legal proceedings and conduct surveys in the particular areas. They are the ones who will negotiate the price for you and help you in the legal process of transferring the ownership titles and complete the deal.

3)Get the paper work done Be prepared to undergo heavy paperwork related to your property transaction. Always check and understand the terms and conditions before signing off any document. Hire a smart and professional solicitor who will keep you updated about any proceedings in the transaction. Get involved and finish the paperwork to pace up the process.

4)Get a property survey It is very important to conduct property surveys. They will tell you about increase rates, other obligations or any defects in the property you are interested in buying. Licensed solicitors can conduct property surveys in many areas and present you with a detailed report about it.

5)Get Mortgage approval – Very people can buy a home without getting a mortgage. A mortgage is a long-term loan secured against the property you buy. It means if you dont repay your mortgage you may lose your home. There are different types of mortgages and different mortgage providers. You should apply and get a formal mortgage approval before signing the final contract for buying your property.

6)Post sale formalities Your solicitor should complete after sale formalities successfully for you. It includes stamp duty, land registry, etc. All these legal formalities should be completed for a proper transfer of property rights from the seller to the buyer.

All the above are the important steps in the legal conveyancing process in the UK. Any new buyer should understand all these steps before starting the buying process to avoid legal hassles and avoid incomplete deal transactions.