For years, Americans have been bombarded with the term “outsourcing,” which refers to the transfer of American operations — typically IT or customer service departments — to foreign (less expensive) locales. The concept served as the basis for the 2007 film “Outsourced,” later adapted as a sitcom on NBC.
While outsourcing continues (unlike that TV show), the reverse is also happening. It’s called “inshoring” or “insourcing.” Defined as “when a foreign firm relocates a part of its productive activity into the domestic economy,” it appears to be increasingly popular with American law firms and companies. It’s done by some of the very same organizations that embraced outsourcing in the earlier part of the 21st century.
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