NEW YORK--(BUSINESS WIRE)--Williams Lea Tag, the global leader in marketing and communications supply chain services, and Sandpiper Partners, LLC, a recognized education and business consultancy for the legal industry, today announced publication of the results of the Fifth Annual Survey on Trends and Opportunities in Law Firm Outsourcing. The survey offers insight into law firm initiatives in 2016 and those that are being implemented through 2017. Survey participants are leaders at mid and large size firms with more than 70% of respondents in C-level director or managing partner roles at their firm.
With five years’ worth of survey data in hand, clear trends have emerged; many revolving around technology investments. Use of technology as a strategy and for cost savings has skyrocketed over the last five years from 41% to 64% and 25% to 67% respectively.
“More centralization, targeted technology spending and greater interest in outsourcing additional functions like document processing and marketing are all trends we noted in the most recent survey which was conducted in January 2017,” noted Lynn S. Glasser, President of Sandpiper Partners.
Additional areas explored in this year’s survey include firm-wide document and digitization strategies and marketing and business development support functions. Digitization is moving ahead rapidly, with over 80% of those surveyed stating they currently have, or plan to have, an initiative to reduce reliance on paper.
“Client demands appear to be the main driver of technology focus. Pressures to reduce cost, while improving service levels and safeguarding data security are impacting firm budgets,” said Don Plummer, Managing Director of Client Services, Williams Lea Tag. 84% of respondents reporting they are making technology investments in response to client pressures around cyber security and 64% reporting that technology investments are impacted by client demands for digital workflows. Don added: “We continue to see our Law Firm clients increase their focus on specific process improvements and technologies that help them serve their clients more effectively.”
To download the survey results, visit http://info.wlt.com/trends-and-opportunities-in-law-firm-outsourcing-2017-report
About Williams Lea Tag
Williams Lea Tag is the leading provider of marketing and communications supply chain services. We help organizations transform business processes, enhance customer conversations and realize the potential of their brands. Our solutions combine reengineered processes, leading technologies and highly experienced collaborative client teams. We combine this expertise with our global strength and scale to help organizations transform communications-focused business processes and realize brand potential. As part of the Deutsche Post DHL Group, our financial strength and global reach enables us to deliver these solutions anywhere in the world. For more information, visit www.wlt.com.
About Sandpiper Partners, LLC
Sandpiper Partners of Clifton, N.J. is dedicated to helping law firms, companies and non-profits achieve greater success in their endeavors including expanding existing activities and entering new lines of business. For 12 years sandpiper has led the way in innovative business management solutions and education in the postgraduate legal field including running more than 50 events a year for clients on many aspects of the business of law and substantive law topics. Its clients are located throughout the United States and Europe, and it has completed projects in more than a dozen U.S. cities, London, Brussels, Paris, Amsterdam, Frankfurt and Milan.