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UK law firms open its door to legal process outsourcing

A survey has been carried out by Legal Week which has come up with some surprising results. The following observations are noted in the survey: • Steep rise in the LPO penetration in the UK legal market: The survey showcases the amazing results related to the usage of LPO by the UK law firms. According to the survey, about 5% of the UK law firms had used LPO services in 2009 and this figure significantly rose to 15% in 2011.This is a very encouraging fact for the LPO industry which now envisions tapping the unexplored market in the UK. The survey...

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Canadian market finally opens to legal process outsourcing

The onset of LPO has finally begun in Canada. The Canadian businesses have now embraced the practice of LPO. The statics suggest that the revenue generated in 2010 was $ 640 million and this could reach to $ 4 billion by 2015. The cost of legal advice in India is minimal as compared to that in Canada. According to the Canadian Bar Association, an hour of legal advice cost around $ 200 Canadian Dollars as compared to $ 25 US in India which is as low as four times that of Canada. This huge price difference makes India a suitable destination...

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Initiative to curb the growing unemployment – LPOs hire American lawyers

This news has come with a surprise and a sigh of relief to the American lawyers. Indian LPOs are now creating jobs for the American lawyers. The American lawyers are hired both for running the U.S. operation (onsite) as well as for running the Indian operation (offsite). Accordingly, the American law firms and corporations are confidently sending their legal work overseas. Another major reason for hiring the American lawyers for managing LPO operation on site is because there are legal works which cannot be sent outside the US borders for security reasons, like writing and vetting export control documents, military contracts...

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Legal Process Outsourcing spread its wings across the globe.

With Australian firms starting to consider the opportunities provided by legal process outsourcing, LPO provider Fronterion predicts that 2011 will be a pivotal year for the development of the legal process outsourcing (LPO) industry worldwide. Some of the factors responsible for upward swing in LPO business in 2011 are enlisted below. • Continued downward pressure on costs and the globalization of legal services provide a perfect environment for LPO. It has arguably become the industry that can no longer be ignored in the current scenario. • Many foreign law firms have already started outsourcing legal work to Indian LPO houses as a...

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Global LPO Conference

The global LPO conference titled, “Examining Legal Outsourcing Strategies and Deciding What Fits Best for Your Company,” took place between February 14-16, 2011 at The Sentry Center in New York, NY. This conference was chaired by distinguished speaker like Mr. Michael D. Bell of Fronterion and speakers from organizations such as Chrysler Latin America, Integreon, Clifford Chance, Pfizer, Microsoft, Nokia, Milbank Tweed, Wilmer Hale, Shapiro Sher Guinot & Sandler, Hinshaw & Culbertson LLP, Wachtell Lipton Rosen & Katz, Kaye Scholer LLP and Mayer Brown. The conference covered a laundry list of LPO issues : - Understand your obligations as a legal professional when...

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Regulatory landscape for LPO in 2011

After several years, legal process outsourcing (LPO) has finally caught the attention of regulators around the globe. In the three main LPO markets – the United States, the United Kingdom and India – there is the potential for rule changes which could place outsourcing agreements under increased scrutiny or even have a material impact on the ability of law firms and companies to send legal work to external providers....

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LPO in New… Decade

Though many commentators comment on the present scenario of LPO industry, LPO blogger Russell Smith projects a number of ways that legal off shoring will impact the legal profession in the next 10 years. His 12 predictions are as follows: 1. Meritocracy Beats Aristocracy - Legal service must deliver value. 2. Change is Happening in the East as Much as in the West - The legal landscape is changing in India. 3. The New Tort Reform – Legal outsourcing response to bogus claim will be a cost effective defense. 4. Capital Funding of Litigation - LPO is a good value proposition for third-party investors...

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SKJ Legal positions itself

There are number of law firms melding into LPO’s in India. CEO, Mr. Pankaj Jain offered some behind the scenes insight into SKJ Legal as well as its position in rapidly growing Indian LPO market. Mr. Jain, further talked about how SKJ Legal was going to position itself, “We are not interested in changing the legal market, but believe that five years down the line it will be a force to be reckoned with in the Indian legal off shoring industry”. On decision of making LPO the prominent characteristic and the significance of LPO’s unique approach to deliver high quality work,...

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People On Board

Pankaj Jain is the Chief Executive Officer & Managing Director of SKJ Legal (P) Ltd. He is a law graduate from ILS Law College, University of Pune and has pursued Masters in International Economic Law (LL.M) from University of Warwick, United Kingdom. Pankaj specializes in corporate law and Intellectual Property. He has acted as a Counsel for 4 years in various joint venture assignments, civil litigation and corporate transactions. Pankaj is a registered trademark attorney. Sabyasachi Ghosh is the Vice-President, Legal Operations of SKJ Legal (P) Ltd. Saby is a law graduate from Law Faculty, University of Delhi. He specializes in...

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Emergence of SKJ Legal as LPO

LPO is the buzz word in Indian legal industry. Most of the law firms are melding into the LPO with the purpose to minimize the cost and have the best quality of work product. An example of such LPO is SKJ Legal private limited, a young legal off shoring company incorporated under (Indian) Companies Act, 1956. The company is committed to maintain overall excellence in every aspect of legal off shoring business. Instead of charging clients an hourly rate, the company aims to offer price certainty by charging fixed prices for work in advance. This is a great initiative to be...

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