Following in the footsteps of the banking industry and their counterparts on Wall Street, a number of leading City law firms are beginning to seriously consider outsourcing as a way to further cut costs. However and while adopting some form of business process outsourcing (BPO) has become increasingly the norm, legal process outsourcing (LPO) has yet to significantly catch on. Read more
Written by JohnU · Filed Under LPO Blogs | 2 Comments
Notwithstanding the hype created over Legal Service Outsourcing (LPO), Value-Notes, a Pune-based consultancy in business intelligence and research recently published a survey of top US-Based law firms that revealed that nearly 50% haven’t heard about LPO; 36% think they do not require the service; 10% had tried and tested the model and did not find it suitable for their needs; while only a minuscule 4% declared they might use in near or distant future. Read more
Written by Radhika · Filed Under LPO Blogs | 1 Comment
In 2006, a series of amendments to the Federal Rules of Civil Procedure made it mandatory for companies to preserve and present electronically stored data for litigation purposes. KPMG estimates that first level document review costs anywhere between 58% and 90% of total litigation costs. In order to comply with the changed rules, US companies are working overtime to identify strategies to control and reduce these costs, thereby turning document review into a huge opportunity ($30 to $50 billion) for Indian LPO vendors. Read more
Written by Radhika · Filed Under LPO Blogs | 2 Comments
For certain the legal profession, long despised for its sky high fees, is one profession that few Americans would be sorry to see outsourced to India resulting in large scale job losses – at least for lawyers that is. Hence, will the emergence of Legal Process Outsourcing (LPO) finally cut the legal profession and its fees down to size? Maybe. Or maybe not. Read more
Written by JohnU · Filed Under LPO Blogs | 2 Comments
One of the biggest challenges before Indian LPOs relates to data security. Read more
Written by Radhika · Filed Under LPO Blogs | 4 Comments
Last month, a libel suit won in the US with the help of Mysore-based SDD Global Solutions became a watershed case for the fledging Legal Process Outsourcing (LPO) industry, making a new inflexion point in its growth. A bulk of the paper work for the litigation against HBO’s ‘Da Ali G Show’ was carried out in India. The back-end Mysore team of five lawyers was led by U.S. Attorney Russell Smith. And they won!
Written by Radhika · Filed Under LPO Blogs | 2 Comments
Legal Process Outsourcing (often abbreviated as LPO), is a section of the outsourcing industry that is gaining popularity quite fast. Read more
Written by kavita · Filed Under LPO Blogs | 3 Comments
Legal Process Outsourcing, LPO is a growing trend among US and UK companies for the past couple years, now with the current global recession, business mergers and Bankruptcy filings accelerated the growth of LPO to countries like India, Philippians, South Africa, etc.
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Written by Mani Malarvannan · Filed Under LPO Blogs | 23 Comments
The offshore industry of India is plagued by different issues and we have discussed a lot of them in our previous discussions. The situation in not better yet and there is bleak chance that it will recover soon—a long-term potential and perspective is what industry experts are relying on. At the same time, legal process outsourcing (LPO) companies are hiring a good number of new professionals because of the demand of litigations services from the USA is on all-time high. It is calculated that by outsourcing their legal and litigation back-office work to Indian vendors, US companies can save about 70 per cent in costs, which is quite considerable and demands much analysis of the future of this industry.
Written by Vivek Kumar · Filed Under LPO Blogs | 8 Comments
What is the need of outsourcing—cutting costs involved in various business processes? Yes, it is true. The need of outsourcing is felt almost in all business processes and law related processes are also coming in its fold. Legal outsourcing is trying to become what everything else did—launch its potential to international market and reduce the involved costs.
Written by Vivek Kumar · Filed Under LPO Blogs | 4 Comments
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