SOURCE: Rimon Law Group

November 12, 2008 09:00 ET

Rimon Law Group, Loxodrome Solutions and IFindPro Host San Francisco Forum on Outsourcing Knowledge Work in the New Economic Order

SAN FRANCISCO, CA--(Marketwire - November 12, 2008) - Rimon Law Group, Inc., Loxodrome Solutions, Inc. and IFindPro.com hosted a forum on outsourcing at San Francisco's Himmelberger Art Gallery on November 5, 2008. With Professor Rafiq Dossani (senior research scholar and director of the South Asia initiative at Stanford University) delivering the keynote address, the event drew approximately 75 local attorneys, corporate counsel, executives and other professionals.

Dossani discussed the history and advantages of utilizing an offshore staff, emphasizing both the significant cost efficiencies and performance arbitrage. Dossani noted that the cost competitiveness of offshoring will not diminish during the downturn, owing to the large gap in costs and likely matching deflation both onshore and offshore.

Michael Moradzadeh, CEO of Rimon Law Group (www.rimonlaw.com), a virtual law firm of expert American attorneys living in Israel representing U.S.-based clients, sees an environment in which clients are eagerly seeking innovative ways to stay competitive and employ capital-efficient techniques to marshal and deploy legal resources. "Tight economic times will spur innovation in today's increasingly competitive marketplace. Rimon's clients are pleased to find they are cutting their legal bills by half, without sacrificing quality."

Dean Vanech, Director of Business Development at Loxodrome (www.loxodromesolutions.com), a dual-shore legal services provider based in the Bay Area with a team of highly skilled Indian attorneys working offshore, agrees that offshore legal services will serve the public well in these difficult times. "We offer a compelling combination of quality and value: first-rate legal support services driven by superior project management, and buttressed by advanced technology. With our efficient process-driven alternatives to working within the traditional legal support model, we deliver our document review, coding, deposition summary and contract review services at about half the cost of the old-fashioned way."

Dmitriy Kustov, founder of IFindPro, Inc. (www.ifindpro.com), an online company that offers an efficient way for professionals in the fields of Accountancy, Law, and Financial Advisory to connect with their potential clients, recognizes that while the downturn may cause a change in the economics of business resourcing, the focus will remain on cutting costs, increasing efficiency, and "knowledge leveraging." "IFindPro.com is designed for professionals as a tool that allows for better client service and cross referrals. By using IFindPro.com, a potential client can efficiently find a professional adviser locally, nationally, or internationally, depending on the price/expertise/location priorities."

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