Firms have to go about business as usual during a merger or when hiring lateral attorneys, but they also need to focus on other processes while at the same time keeping the changes under wraps.
Thorofare, NJ (PRWEB) May 24, 2008
InOutsource, a leading provider of records retention and information management consulting to law firms, announced the launching of a new service offering to address the needs of law firms that are considering growth through mergers, acquisitions and recruiting lateral talent. InOutsource Merger Readiness Consulting Services helps firms establish the framework necessary to perform conflicts due diligence and address issues in a systematic and practical way as they arise during the process of merging, acquiring other firms, or hiring lateral attorneys.
"Our new service offering will allow us to help clients as they grow to stay competitive in the marketplace while still mitigating risk and maintaining integrity of client information," said Nancy Beauchemin, founder and president of InOutsource.
Once a firm's management has decided that a merger, acquisition, or lateral hires is an important part of the firm's growth strategy, they can turn to InOutsource Merger Readiness Consulting Services before, during and after the merger. Before a merger ever begins, the company can audit a firm's systems and processes for performing conflicts due diligence, establish standards and procedures for new matter intake and conflicts identification and resolution, create a plan to perform conflicts due diligence and analysis, and evaluate and train staff who will be working on the processes. During a merger, InOutsource Merger Readiness Consulting Services can work with one or both merging firms to evaluate existing systems to determine what will be used in the future, identify needed applications to support the technology infrastructure of the merged firms, establish a process and technology platform to ensure client confidentiality while obtaining necessary waivers, and develop a plan to communicate to attorneys and clients the benefits of the newly merged firm. Finally, after the merger has taken place, the company will continue to work to ensure the successful execution of the established procedures and systems, can audit and analyze records applications and processes, and will put a plan in place to integrate systems, data and policies.
"Because we've worked with law firms in a records management capacity for many years, we understand the enormous pressure change puts on members of a firm," said Beauchemin. "Firms have to go about business as usual during a merger or when hiring lateral attorneys, but they also need to focus on other processes while at the same time keeping the changes under wraps."
More information about InOutsource Merger Readiness Consulting Services can be found at http://www.mergerreadiness.com
InOutsource was founded by Nancy Beauchemin in 2002 to provide law firms with strategic records and information consulting and project management services. Most of InOutsource's clients are among the top 200 law firms in the United States. For more information about InOutsource, visit http://www.inoutsource.com.
Director of Marketing
tbond @ inoutsource.com