NextGen Virtual Legal Services, LLC

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1 Providing Paralegal* and Administrative Office Support Services virtually by working off-site and online, creating work product to your specifications and tailored to your practice * provides virtual paralegal support only to law firms and/or attorneys, under the supervision of an attorney, in the United States. NextGen Virtual does not provide legal advice.

2 Quality work product is delivered timely and directly to your desk by utilizing simple, yet innovative resources of the internet, and various forms of electronic technology. Outsourcing for paralegal and administrative support services is a growing trend. An important reason for this growing trend is that outsourced paralegal and administrative support can help a firm achieve important goals and enhanced financial success 2

3 Workloads in law offices fluctuate from complete deluge to finger-tapping slowness. Attorneys who need additional staff to handle exceptionally heavy workloads utilize virtual paralegals and administrative support services on an as-needed basis. Virtual paralegal and administrative support services have proven to bolster attorney efficiency and productivity, while providing an efficient, cost-effective alternative to traditional staffing methods. 3

4 By utilizing a contracted virtual paralegal or administrative support assistant versus an employee, you can save hundreds, even thousands of dollars a year. You save on employment taxes, dental/health/retirement benefits, office equipment, supplies, and time spent on the task at hand. A contract virtual paralegal or administrative assistant works efficiently and can often get the job completed in half the time as an in-house employee. Have you considered the advantages of outsourcing paralegal or administrative office support? Prepared by: 4

5 Outsourcing Advantages: Results in healthier cash flow and increased revenue by retaining more income from client fees Much more cost effective for you. You pay a negotiated contract rate and pay just for specific tasks. Outsourced paralegal or administrative support staff do not get paid during slow seasons, yet they are always at the ready for future busy seasons. You save thousands of dollars by not having to commit to an annual salary and benefits No employee benefits, vacation pay, insurances or taxes to pay Negotiated fee rates allow you to better budget case-related expenses Allows you to provide much more cost effective service to clients and in many instances such outsourced services are transparent to the client 5

6 Outsourcing Advantages continued: Provides you access to specialized skills that your business may not have Enables you to gain time to focus on other important (and billable) matters by delegating routine tasks Firms can supplement office staff with outsourced staff to avoid delays due to absent employees Can be done on a small or large scale Is useful when you have occasional tasks that need doing, without the need to keep a full-time employee occupied Further reduces overhead by eliminating certain operating expenses, for example the need for additional office space, furniture, and possibly expensive licensed software 6

7 Firms and Businesses are Increasingly Finding Such a Virtual Arrangement Quite Attractive Sadly, the economy has taken its toll on many industries and businesses, including the legal industry. Law Firms are seeking the most cost effective way to provide quality legal services to its clients who are demanding that costs be reduced. The American Bar Association addressed the subject of virtual paralegals in its article entitled Outsourcing for Small Firms and Solos: Virtual Paralegals. The ABA stated, Many functions lend themselves to being performed virtually, including that of a paralegal. A virtual paralegal still works under the direction of an attorney; the main difference being that a virtual paralegal works from a remote location, on a contract basis rather than as an employee. A virtual paralegal enables solos and small firms to take advantage of the economy that effective use of a paralegal can provide to a practice, on an as needed basis. (Emphasis added.) 7

8 Should You Hire a Virtual Employee or a Full-Time Employee? Cost: The hourly rate of virtual paralegals or administrative support is higher when compared to a full-time employee's base hourly rate, however, you save the additional costs of benefits and overhead Experience: In many instances virtual paralegals or administrative office support are more experienced and more efficient so far less time will be devoted to complete a project and achieve quality results. 8

9 NextGen Virtual's outsourced staff will become an extension of your office staff, working side-by-side with you, virtually*, by employing a progressive approach for delivery of professional services using the internet, computer resources and electronic technology *The option of working at your location is always available should a situation warrant such arrangements. However, travel costs may be incurred. 9

10 Versatile and Efficient Means of Communication The traditional means of office communications are telephone conferences, messaging and faxes. More modernized means of communication through dedicated online work spaces provide additional features that keep your team and NextGen Virtual on the same page in real time. 10

11 Our virtual paralegal and administrative support staff are 'on call' 24/7, tailored to meet your firm's specific needs on your schedule 11

12 Confidentiality and the Security of Client Data is Tantamount You maintain continuous control over your client, your cases, and all sensitive data while NextGen Virtual completes any assignment Private workspace areas maintain complete security of case data and privileged law office information 12

13 NextGen Virtual's staff, with exceptional education, training and work credentials, has the tools needed to become a key member of your support team. is 'on call' 24/7 and literally a mouse-click away. 13

14 Paralegal Services provides specialized legal support services* such as, but not limited to the following: Practice Area: Bankruptcy CM/ECF efiling and Pacer document retrieval Monitor dockets, pleadings and manage case calendars Prepare fee applications as required by compensation orders and calendar and file subsequent certificates of no objection, if applicable Prepare hearing agenda and related hearing binders Prepare notices of motions, hearings, etc. and effectuate service of same Prepare various stipulations, notices (i.e. substitution of counsel, withdrawal of counsel or pleading filed, dismissal, etc.) Draft petition and related documents Prepare schedules of assets and liabilities and statement of financial affairs Practice Area: Maritime and Maritime related Bankruptcy Monitor status or effectiveness of shipper bonds and tariffs and related requirements as set forth by the Federal Maritime Commission Online inquiries, research and retrieval of bond information and tariff documentation * provides virtual paralegal support only to law firms and/or attorneys, under the supervision of an attorney, in the United States. NextGen Virtual does not provide legal advice. 14

15 Paralegal Services, continued Practice Area: Litigation Summarize hearing or deposition transcripts Summarize medical records Assist in answering complaints and responding to discovery or interrogatories Prepare for hearings, hearing binders File review, organization and indexing Service of Process assistance Practice Area: Transactional / Corporate Review and organize transactional / corporate documents, including but not limited to: corporate minutes, consents, UCC filings, name change, DBAs, entity formation and dissolution documents, loan documents Draft UCC financing statements Chart UCC lien search results and organize related documents SEC database online inquiries to retrieve SEC filings Prepare closing binders * provides virtual paralegal support only to law firms and/or attorneys, under the supervision of an attorney, in the United States. NextGen Virtual does not provide legal advice. 15

16 Administrative Office Support Services provides administrative office support services such as, but not limited to the following: Word Processing Editing & Proofreading Correspondence Preparation and Copying and/or Mailing Create Forms and PDFs Prepare PowerPoint Presentations Transcription Services 16

17 To Learn More About the Support and Services Offered by Phone: (609) Facsimile: (609) Or Visit Our Website at * provides virtual paralegal support only to law firms and/or attorneys, under the supervision of an attorney, in the United States. NextGen Virtual does not provide legal advise. 17

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