OCS featured in The Lawyer: UK & US Lawyers Relocating to Israel
The following is an excerpt from an article entitled “Shalom”, written by James Swift, in the August 16, 2010 edition of The Lawyer magazine:
“Outside Counsel Solutions LLP (OCS) has a similar remit. Established in 2003, the firm started life as a subsidiary of telecoms company IDT. But when the company began divesting its non-core assets last year, lawyers at the firm took over.
OCS is both an Israeli firm and a US firm. The Israeli side is owned by the dual-qualified lawyers at the firm, while the US side is owned by the solely US-qualified lawyers. Head of corporate at the firm, Tuvyah Aronoff, admits that OCS’s model is made possible by Israel’s ability to lure talent away from top firms for reasons that transcend financial gain.
“Because of the way Israel is, and the type of population it attracts, we end up with very sophisticated lawyers that are willing to take less [money] because they want to be here,” says Aronoff.
Indeed, OCS has attracted lawyers from US firms such as McDermott Will & Emery, Wachtell Lipton Rosen & Katz, and Paul Weiss Rifkind Wharton & Garrison. Try finding an outsourcing firm with talent like that anywhere else in the world.”
Click here for the full article.
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