Sydney 8 April 2010

Australian law firm Advent Lawyers has signed a strategic alliance with top ranking global legal process outsourcer Pangea3 

Fast growing and innovative Australian law firm Advent Lawyers has signed a strategic alliance with top ranking global legal process outsourcer Pangea3, further expanding the range of quality and cost effective services it can provide to clients.

Pangea3 is the established leader in legal process outsourcing services to major international corporations and law firms.  Headquartered in Mumbai, India and New York City, Pangea3 was founded in 2004 and has had triple or double digit growth year on year since its founding.  It already counts many of the world’s largest companies and law firms as clients.

According to Advent Lawyers Managing Director John Knox “Like Advent, Pangea3 has a commitment to quality while at the same time helping clients reduce legal costs by providing an alternative with greater flexibility and cost efficiencies.  Working closely together I think we can achieve great things and offer clients a true full-service alternative.”

Advent Lawyers burst on to the Australian legal scene 15 months ago with a unique business model, similar to Axiom in the US, that delivers senior and experienced lawyers to clients when needed in a far more flexible and efficient way than traditional law firms.  Advent is already working with some of Australia’s largest companies and a range of international corporations that already use this model effectively overseas.

Under the new agreement, Advent lawyers, through Pangea3 , will be able to provide clients with a range of additional cost-effective services at the more junior end including contract drafting and revision, compliance and risk management, M&A due diligence, corporate governance and company secretarial support, intellectual property and patent services, litigation support and e-discovery and document review as well as a wide range of legal research services.

“For the past 5 years we have seen a transformation in the U.S. and European legal industry.  Many of the largest corporate legal departments in the world are embracing innovative solutions such as legal outsourcing to help increase internal efficiencies and maintain legal costs," commented David Perla, co-CEO, Pangea3 LLC.  "The Australian legal market is experiencing similar pressures to the U.S. and European markets.  Corporations are demanding better value and cost containment.  We are excited to work with Advent Lawyers to bring our legal and intellectual property expertise and value-added solutions to Australian companies.”

According to John Knox “whilst the global financial crisis has had a devastating effect on legal services, it did provide the profession with a unique opportunity to re-engineer itself and both Advent and Pangea3 have benefited from that.  We have seen General Counsel embrace fixed fees and a more flexible and cost effective way of buying premium legal services.

Advent hires senior and experienced practitioners, who not only have top tier private practice training but also senior in-house experience.  They are available to help clients in a number of ways including executing and project managing transactions, managing large scale tenders and contracts, litigation and dispute resolution, compliance projects and providing senior level support to cover for gaps in the in-house team such as someone on leave or assigned to a major project.

For further details, please contact Viv Hardy on 0411 208 951 or John Knox 0409 070 953.

Republished with permission. (c) 2010 Advent Lawyers.