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Indian Legal Process Outsourcing Market available through bharatbook.com

Press Release   •   Nov 03, 2011 14:15 IST

Legal Process Outsourcing is a lucrative route to reduce cost and increase efficiency by outsourcing legal work. As per January 2010 data there are more than 128 LPO providers in India alone, India currently employs around 32,000 people and it is expected to rise with the high growth rate. LPO professionals not only include lawyers but they may be engineers, Chartered accountant, CS, as well as professional from other fields. Public Sector use of LPO is the largest new source of growth in 2011. http://www.bharatbook.com/detail.asp?id=214676&rt=Indian-Legal-Process-Outsourcing-Market.html
 
 Political considerations and ongoing caution across all sectors will support the growth of the on-shore delivery market, though India remains the most common delivery location. Indian LPO industry which was valued at US$640 million at the end of 2010, is expected to grow to US$ 4000 mllion by the end of 2015. Further, India is expected to be a leader in legal service provider in world and the proportion of service being provided by India to USA will reduce from current 65% to 55% and of UK from current 18% to 12%. The new section and new country which will emerge for India in this sector will be Canada, Russia, Israel, Spain, France, Australia and Germany. marketing research reports
 
 Germany which uses Indian LPO currently for cases of arbitraging and export problem due to English in USA is thinking for transferring more and more jobs to India as new Indian lawyer are also skilled in speaking German hence giving Germany a leading hand in development of LPO sector in India. Although, outsourcing legal processes seems to be the most obvious alternative to most law firms, embarking on such a strategy, however, encompasses a number of complexities.
 
 Mindful of the fact that law firms deal with issues which are complex and highly sensitive in nature, costs alone cannot be the deciding factor when off-shoring legal tasks. One requires to perform a thorough due diligence while choosing a vendor who not only meets the key cost objectives, but also maintains high level of confidentiality standards which are comparable to the US/UK law firms.
 
 Table of Contents :
 
 Executive Summary
 Industry Overview
 Industry in India
 Reasons for Outsourcing to India
 Global Outsourcing to India (in %)
 Services provided by Indian LPOs for US based firms (in %)
 Business Services
 Electronic Document Management Services
 Electronic Document Discovery Services
 Intellectual Property Services
 Working of LPO Industry
 Typical Organization Structure in a LPO
 Market Structure & Segmentation
 Single player [proprietor, company etc]
 Broad-based KPO and BPO Providers
 MNCs firm developing own LPO centre
 Captives of Law firms
 Joint Ventures between firms
 Limited LPO/ Limited Legal Support Service Providers
 Services Catalogue of a LPO
 Cases which can be performed through outsourcing
 Services which are being done through outsourcing
 Other Services
 Business Information & Market Research
 Intellectual Property service
 Sources of Inbound Business
 Large MNCs
 Offshore Service Providers
 Law Firms
 Publishers
 Advantages & Disadvantages of LPO Industry
 Advantages
 
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