04-09-2007, 01:14 PM
In the past decade, India's information technology (IT) services industry has emerged as an important player in the global IT services market. After information technology enabled services (ITES) and business process outsourcing (BPO) providing employment boom to the large educated unemployed population of the country, off shoring of legal services to India is the next big thing in the knowledge process outsourcing (KPO) space. Though still in its nascent stage, it is expected to grow in a big way. India first benefited from the off shoring trend as it had a large pool of English speaking and technically proficient manpower. India is leading offshore destination at the same time we have affordable communication and network infrastructure. There are very few jobs the lawyers sitting in Bangalore, Mumbai or New Delhi can't perform. For a bargain hourly rate as low as $60 compared with $350 at the low end of the typical US scale, Firms can study legal precedents in state law to craft arguments in a trial brief.....
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03-11-2008, 06:01 PM
I do accept that Legal Outsourcing in India is edging out the IT and Software Outsourcing. But the concern is whether the legal Outsourcing Industry is growing to the expected standards ?
A Nasscom report says that there are about 100 LPO's in India. But in reality there seems to be hardly 10-20 LPO's taking the Industry seriously and moving forward. The major reasons for that are the artificial hype and the proposed high revenue factor which has thought every businessman to start an LPO. The ultimate result is the poor quality of work product of many LPO's which affects the industry as a whole. The impact of it is that the Legal Outsourcing is heading towards Philippines and other countries.
It’s high time Industry people should realise that it is not only the cost effectiveness or the availability of lawyers at a very low cost which has caused the LPO storm towards India, but it is because of the availability of the pool of talented lawyers.
Off late it has become a habit for many of the present LPO's in India to neglect this talented pool of lawyers and lean towards non-lawyers to do their work products for the only reason of saving their costs. Where do these trends take us?
Moreover most of the LPO's today take up compliance and paralegal related works for the basic reason of doing some business and getting revenues simply with the help of fresh non law graduates. The reason behind it, off course cost saving! But is it the right thing? Is this what US and UK expects from outsourcing their legal works to India?
Time has come now that big corporates have sprung in to this LPO stage after a careful watching period of two to three years. A quite reminder to all the corporates to take these considerations in mind and give importance and recognition to the talented pool of lawyers and to have an approach towards the actual expectations of the US and UK in providing the actual Legal Outsourcing services.
Furthermore it is appealed to the corporate world to bring up some International standards and regulations to the Indian LPO's sector and ensure that the LPO storm doesn’t move away from India because of poor quality standards of work product.
When most of the State Bar Associations in US have approved the concept of "Legal Outsourcing" it's the right time for all the LPO fraternity in India to join hands together and make India to be the only LPO destination in the world.
Though there has been several conferences being held about LPO's most of them today act only as an marketing tool for every individual LPO's rather than serving the ultimate objectives. Let's all join together to change forever.
Vice President (Marketing)
Corpus Global: World Legal Solutions