An ISO 9001:2015 Certified Company

+1.201.204.9499

Search

Potential of Legal Process Outsourcing in India

One of the ideal ways which is pretty well known to most of the legal firms and in-house legal departments about cost cutting is to outsource legal work. Nowadays corporates are concentrating more on new technologies and strategies to get their work done through standard resources. The experts from the legal industry of developed countries have announced that the next outsourcing windfall is for India. The total worth of the legal industry is around $21 billion and Indian LPOs are on the way to grab the major portion of it. This is because of India’s quality of work along with competitive...

Continue reading

Global demand for legal support services

The global expend on legal support services has increased radically in the last few years. This has made the in-house legal departments and law firms very conscious of keeping a check on cost and quality while delivering large work volumes. This is where the LPO companies come into picture, serving their clients uphold profitability and reducing risk by regulating the legal work in a project-oriented style. The progressing model of the LPO industry has revealed prominent association and harmonization between corporations, LPO vendors and law firms. As per a research by Business Wire, the global LPO market was estimated to be worth...

Continue reading

Global demand for legal support services

The global expend on legal support services has increased radically in the last few years. This has made the in-house legal departments and law firms very conscious of keeping a check on cost and quality while delivering large work volumes. This is where the LPO companies come into picture, serving their clients uphold profitability and reducing risk by regulating the legal work in a project-oriented style. The progressing model of the LPO industry has revealed prominent association and harmonization between corporations, LPO vendors and law firms. As per a research by Business Wire, the global LPO market was estimated to be worth...

Continue reading

Slow but steady movement of LPO in 2013

Recent legal research survey conducted by Altman Weil reports a wider acceptance of legal outsourcing as a business driver by international law firms and corporations. According to the survey, nearly 50% of law firm leaders believe that outsourcing legal work is now a permanent trend, which is up considerably from just over 10% in 2009. The acceptance of LPO is even more amidst large law firms. Almost 20% of law firms with 250 or more lawyers are presently following legal outsourcing. The use of contract lawyers is even higher, 87% of large law firms are presently employing contract lawyers, which...

Continue reading

Emerging associations between Scotland and India

NASSCOM –BPM Conference held in the last week of September, 2013 witnessed eminent representatives from some of India’s top BPO and LPO companies in attendance. The event aimed at positioning Scotland as the preferred location for businesses in the Indian LPO and other industry. Scotland is an ideal partner country for India said Mr. Paul Neill, Senior Executive – Financial Services Team, Trade & investment at Scottish Enterprise. Scotland already has a strong relationship with some of the largest companies in India, and inward investment from those and newly entering companies now supports around 5,000 jobs. This event has planted strategic seeds among...

Continue reading

LPO trends for 2012

2011 has been the most challenging year for the LPO service providers. “Survival of the fittest” stands true for the LPO providers facing rough weather. But, the deserving ones continue to grow and adapt to such a challenging environment. The primary and the most subtle reason for legal outsourcing is that some types of work can be performed by the LPO providers in an excellent manner and at a cheaper rate. Going forward, LPO vendors must clinch to new technology and expand into newer horizons and practice areas besides litigation. Adopting this strategy will help the LPO providers to create a niche...

Continue reading

LPO- Refuge during the US/ UK recession

Legal process outsourcing (LPO) is an effective and efficient way to reduce cost. Research shows that about 12% of the US / UK legal fees would be saved in paying for the related legal services since the LPO service providers feel compensated enough even without other perks and incentives involved. The major tasks undertaken in the LPO space constitute contract management, legal research, real estate, litigation support, intellectual property, and corporate governance. Outsourcing back office legal functions is greatly supported and highly considered by US/ UK small and midsized law firms. The cost-effectiveness of this LPO business has seen an...

Continue reading

Need for the multilingual support in LPO– A demand of time Work can flow from non -English speaking countries

Legal process outsourcing (LPO) industry is growing exponentially. An essential factor for the growth in any segment or organization depends mainly upon the expansion of their service lines or introduction of new offerings for the clients being catered. Initially, providing diverse legal services was the main aim of the LPO service providers, but, with the passage of time, things have changed. Now additional benefits are being offered to the clients like on-shore support, proprietary technology platforms etc. Foreign language support is one of the nascent areas being catered in this category. LPO service providers initially offered minimal language support to their...

Continue reading

Outsourcing of legal work is ethical

The New York Law Journal (NYLJ) dated August 24, 2011, has published an article –‘How to outsource legal work-ethically’ that clinically examines the ethical obligations of a US qualified outsourcing lawyer, who is interested in outsourcing a client’s legal work to a third party legal vendors including outside lawyers and non-lawyers such as legal process outsourcing companies. These ethical obligations are: clients consent; confidentiality, competence, unauthorized practice of law, and conflicts. NYLJ, quoting ‘2011 ABA Commission on Ethics report on legal outsourcing general guidance’, stated the following procedure to ensure compliance of the ethical obligations by a US qualified outsourcing lawyer: (i)...

Continue reading

Global LPO Conference 2011 – Buyers and vendors meet

June 15 - 16, 2011. Hotel Hilton, New York City, New York, USA. An insight : • Highly interactive platform for Buyers and Vendors aiming to the maximize the business opportunities for the participants. • Client generation and networking. • Education, training and learning from the great stalwarts of the legal industry including eminent global lawyers, veterans and experienced general counsels. • Overcome the apprehensions of legal off-shoring related to cost, training, quality, security, ethics, agreements and control. • Participation in the product - specified, pilot - project execution processess. • Golden opportunity for the service vendors to demonstrate their products, win over the clients and enhance...

Continue reading
Schedule a Callback