Friday, June 19, 2009

Insourcing

Now, this is not a bad idea.

The basic insight is that it's quite expensive to perform, for example, legal services in New York City, Los Angeles, San Francisco, Washington DC, or other urban centers where the big firms cluster. The cost of real estate and the cost of living are many times higher than -- to pick an example at random -- Ord, Nebraska. What if a lawyer passed the New York bar, moved to Ord, did work remotely for New York City clients, and made as much discretionary income despite charging a third as much for his services. Obviously this wouldn't work for all legal services -- court room appearances, most obviously -- but it sure would work for some.

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