Contract Management

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Got an invention?  Have a product which you would like manufactured?  Consider having your products made by a contract manufacturer in China. Contract Manufacturing (CM) is where one business hires another company to manufacture their product. The contract manufacturer will charge the business for the manufacturing services based on the processes, amount of labor, tooling, and the cost of materials.

There are many companies, from small Mom and Pop to large ones, that use <a href=”http://www.manufacturingsite.net/”> Contract Manufacturing Services</a> rather than running their own factories. Contract manufacturing can be used to manufacture anything from product parts to a whole product. Cabinets, doors, sports equipment and toys are some of the products being made using contract manufacturing.  Contract manufacturers can either make products to your exact specifications or help you design them. Some people use contract manufacturers on a seasonal basis. This is very useful because once the tooling is done, production runs can be started anytime new products are needed.

In addition to letting a business focus more on their product advertising, marketing, and development aspects, Chinese contract manufacturers present many other advantages.  One of the problems with many domestic companies is the cost of labor. Chinese manufacturing enables you to save money by tapping into a cheaper workforce.  Not only do you pay less,  you can increases your profits all at the same time.  Some Chinese manufacturers are even managed by English speaking Americans so there will not be any communication problems.

A great way to get your product or invention made at the lowest costs possible, without all the hassles of running your own factory, is by using a contract manufacturer.  Many quality Chinese factories are available to build your products. This is one of the best management decisions for the small entrepreneur or large company to get their brand out in the market without having to worry about the manufacturing process.

Mark Ralph
http://www.articlesbase.com/outsourcing-articles/the-benefits-of-china-contract-manufacturing-701995.html

sam spade

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Question: I never really ever showed up for work in my government jobs. Am I qualified to be Commander in Chief?

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yes, seems like alot of muble jumble,,,,,,so, you are qualified…..

Large law firms and in house legal departments of large enterprises have enjoyed the benefits of outsourcing (quicker turnaround and lower costs) with success for quite some time in the United States.

On the other hand, small and midsize enterprises and law firms have just begun to outsource legal work to enjoy these benefits. This has become possible with a wider availability of technology at a lower cost, in addition to the arrival of a new breed of vendors who are addressing the unique requirements of small and midsized enterprises and law firms.

These vendors are providing services with better quality, by leveraging on technology and through deployment of experts in the work which is outsourced. Lawyers from India are increasingly familiar with US law and have several years of experience in doing legal work for US law firms and in house legal departments of large corporations. It has become possible to deploy experts these days due to aggregation of work from various clients, and the cascading higher volume of work.

The law firms and in house legal departments have enjoyed the benefits of a quicker turnaround time. The work left with the Indian entity at the end of their day is completed and available when they arrive at work the next day. These have become as important as the other core reason for outsourcing, namely saving of costs – law firms and enterprises have been able to save between 50 -60% of their cost by outsourcing legal services.

What work can be outsourced?

Any work that can be done without requiring fact to face interaction with clients or physical presence in a court of law can be outsourced. Some of the typical examples of work outsourced are in:

a) Contracts: Drafting, Review and management

b) Litigation Support : Discovery management, review, analysis and coding and Presentation

c) IP Rights: Search, Application for patents and defence

d) Legal and Business research

a) Contracts – Drafting, Review and Management

We prepare first-cut drafts of contracts that are fit for purpose and conform to your house style. You need to provide:

· Standard templates that conform to your house style and

· Unique variables relating to each contract

Your lawyers would still be in control over the quality of the draft and enforceability in courts of law without having to log expensive time in preparing the first cut draft.

We can handle a wide variety of contracts including contracts for:

· Sale of securities and derivatives

· Sale of goods or services

· Sale or mortgage of property

· Lease of property

· Lease of equipments

· Employment etc

We manage your contracts by maintaining a comprehensive database of all your contracts that provide:

· Contract information (Purpose, Period, Entities, Addresses, Counsel, Validity, Termination rights, Applicable law, Jurisdiction etc)

· Summary of terms

· History of notices

We maintain a summary of all obligations and covenants (to facilitate compliance) and all rights (to enforce compliance)

b) Litigation Support

Our litigation support services include:

· Discovery management,

· Review

· Analysis and coding and

· Presentation

To help your lawyers focus on successfully winning or defending cases.

We help your lawyers to stay focused on winning the case by providing discovery management support.
Our services include:

· Understanding case issues and priorities

· Determination of collecting strategy

· Determination of work processes to speed up and yet not miss out on collecting documents

· Quick focus on most useful documents by continuous elimination of irrelevant items

· Quick analysis of documents for materiality, relevance, confidentiality and privilege; rapid automated
codification and validation

· Quick production of documents to facilitate rapid internalization and access

We can work with your proprietary document discovery management system or any standard off-the-shelf solution including ConcordanceFYI ™ and CaseLogistix ™.

In spite of increasing popularity of e-discovery, physical paperwork has continued to stay. We help your lawyers by reviewing physical paper documents and codifying them for rapid prioritization and access.

We measure our success by reducing your attorney’s document review time and cost. Not just by being more competitive than other providers in discovery process.

c) IP Rights

Our lawyers (supported by domain professionals) can support you in

· Prior Art Search,

· Assessment of patentability,

· Patent proofing,

· Invention disclosure evaluation and

· Drafting the application for patents.

We offer support in IP Asset management with review of potential or existing infringements and in litigations to protect against such infringements.

d) Legal and Business Research

We conduct research on industry standard private databases as well as public domain databases to provide research support to your team of lawyers to win/defend litigation or to provide counsel to clients on complex issues.

Our research support includes:

· Reviewing legislation

· Reviewing case law precedence

· Reviewing journals

· Reviewing contracts and

· Preparing summaries and abstracts.

Where to outsource?

Law firms and in house legal departments typically outsource legal work to someone who is willing to understand their requirements, and give quality service that they require.

TaurusQuest is one such company, which has acquired expertise in serving small and midsize enterprises better, and has been recognized for its operational excellence and delighting service. We were awarded 4th worldwide by the US based Black Book of Outsourcing for one of our services in 2007. We have a number of legal professionals who have experience in providing the services mentioned above to US and International law firms and to business enterprises. The senior executives of the company have lived and worked in the US.

TaurusQuest has two delivery centers in Chennai, India with 300 seats. For further details on our company and the services we offer, visit us at www.taurusquest.com and Contact us at enquiry@taurusquest.com

pksaravanan
http://www.articlesbase.com/outsourcing-articles/outsourcing-legal-services-690910.html