HOUSTON, TX, December 24, 2009
/24-7PressRelease/ -- As businesses everywhere cope with the Great Recession, law firms and in-house counsel are seeking ways to reduce costs without sacrificing quality. A common tactic is to utilize outside legal service providers for routine, time consuming tasks, such a record retrieval and document management. In addition, many firms find benefit in using service providers with specific subject matter expertise; for example, by engaging legal nurse consultants to review medical records. Both of these tactics allow legal teams to focus efforts on the activities within their core competencies and delegate tasks outside of those competencies, thus yielding the best results for clients, and realizing the benefit of the economies of scale offered by legal service providers.
However, as legal service providers have proliferated, quality and efficiency have frequently suffered. This can be especially troublesome in a mass tort context involving multiple co-counsel, vendors, and in-house attorneys. Many legal teams have found they can realize maximum cost savings and efficiencies by winnowing down the total number of vendors through a consolidation process. The process yields a smaller, rigorously selected group of trusted service providers adhering to standard service level agreements, preferred pricing structures, and uniform data exchange protocols and reporting. As legal teams consider consolidation, there are criteria to keep in mind that will help ensure the success of the venture.
MRC's white paper, available on their website, summarizes the benefits of working with an outside legal service provider, while offering helpful tips in the vendor selection and consolidation process.
About Medical Research Consultants
Founded in 1983, MRC offers a comprehensive support solution for legal, healthcare, and insurance professionals, including nurse review of medical records, record retrieval and management, lien research and resolution, CMS mandatory insurer reporting, and call center services. MRC has supported some of the largest mass torts on record, including toxic tort and products liability litigations, but also offers expertise in Pharmocovigilance, HCC Management, and individual personal injury cases. MRC is a certified woman-owned business, and is a preferred vendor for several major manufacturers and pharmaceutical companies. For further information, please contact Alison Greene, Director of Marketing, at agreene@mrchouston.com or at 713.528.6326.
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