The legal industry is changing more widely to providing legal services. Fondia’s Legal Department as a Service (LDaaS) is one example of legal service design. Our satisfied customers are proof that the world is starting to be ready for new operating models, even in traditional sectors. In the past, law firms only sold legal expertise, nothing else. Technology, globalisation, the increasing complexity of the business market, the traditionally high price tag of legal services, and the global financial crisis in 2008 have changed the service field of law to resemble a children’s tricycle. The service is based on three basic elements: legal expertise, technological facilitation and a processed approach. The trend is reflected in the transition to more advanced productisation of the sale of expertise in other fields. Medicine was once a speciality practiced among a small branch of doctors that has over the years developed into modern health care, consisting of doctors, technology, processes, technicians as well as a number of new service providers that combine different areas of care. Doctors experienced this revolution a decade ago; lawyers are only now diving into the same change. Legal practice is no longer just interpreting articles but rather a business-oriented, comprehensive business service.
The individuals producing the best business law work in the service of those businesses, as integrated advisers and business partners. Many have created operation groups for handling their legal matters. These task-force type groups combine legal, technological, process and project management expertise to reduce costs, mitigate risks, ensure an agreed level of service, standardise and measure processes, and ultimately make a significant impact on business. Fondia’s legal department is all the above and has helped our customers bring their legal matters into the current decade. Legal service providers should no longer be the last stop, where the legitimacy of a plan is checked, but a natural part of the processes that support companies on a day-to-day basis.