How a Workers Compensation Law Firm Saved 400k by Hiring Virtual Staff

Workers Compensation Law
7
Legal Assistants
$437k
Annual Cost Savings
500+
Cases Managed
$750k
Added Annualized Revenue

A Workers Comp Firm in Nevada approached Legal Soft about adding additional support for their core legal team. After a comprehensive audit, we recommended streamlining their operations by adding 7 Virtual Legal Assistants. Our legal assistants helped by assisting in all document preparation, case law research, and summarization, as well as managing calendar appointments for our on-staff attorneys. There was an immediate positive impact on client satisfaction as a result of having more resources to keep their caseload manageable. 

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Goals & Objectives

Our case study determined the increased revenue, cost savings, and efficiency improvements associated with hiring virtual legal assistants for U.S. Law Firms. The firm compared the financial impact of employing a virtual legal assistant versus a full-time, in-house legal assistant.

Cost Savings Breakdown

Remote Vs. In-House

Remote

vs. In-House

Annual Salary
Benefits & Bonus
Space & Equipment
Total Cost Per Year
7 Virtual Legal Assistants
$187,000
$0
$0
$187,000
7 In-House Legal Assistants
$466,000
$116,000
$42,000
$624,000

Remote

vs. In-House

Annual Salary
Benefits & Bonus
Office Space & Equipment
Total Cost Per Year
$0
$0

Remote

vs. In-House

Annual Salary
Benefits & Bonus
Office Space & Equipment
Total Cost Per Year
$0
$0

Remote

vs. In-House

Annual Salary
Benefits & Bonus
Space & Equipment
Total Cost Per Year
7 Virtual Legal Assistants
$187,000
$0
$0
$187,000

Remote

vs. In-House

Annual Salary
Benefits & Bonus
Space & Equipment
Total Cost Per Year
7 In-House Legal Assistants
$466,000
$116,000
$42,000
$624,000

Summary Savings

Workers Compensation LawWorkers Compensation Law
Case Managers
Paralegals
Total Annual Savings
$437,000

By Adding 7 Virtual Legal Assistants, Our Client Increased Their Caseload by 52%

Legal Soft was able to both reduce operational costs and increase incremental revenue by streamlining our clients' operational structure in 3 weeks. By adding 7 new remote legal assistants, they were able to reduce their operation costs by $437k annually. Moreover, their firm was able to absorb a 52% increase in their caseload as a result of the efficiencies implemented. The firm saw an impressive growth of 750k in annualized incremental revenue within the first year. 

Our U.S. Law Experienced professionals also helped this firm reduce the amount of time needed to scale their remote paralegals to full capacity by over 80%.

As a result of their ongoing success in augmenting their in-house staff with virtual staff, our client explored adding additional roles, such as remote attorneys and intake specialists, to handle their growing caseload.

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