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Corporate Strategy | "Legal Offshoring"

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Legal Offshoring

- by Manas Ranjan Mishra *

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Page - 4

Experts believe that legal outsourcing just might be the key to considerably lowering cost of court cases. This also presents an advantage for the Indian companies doing business in the US. With the help of lawyers from India, these companies can very well compete with their rivals in courts here and that too at a fractional cost. Not just revenues, it will generate employment opportunities for a wide range of professionals. With around 1,300 professionals engaged in the business right now, more than 6,500 are expected to be working in this sector by '10. This figure may reach 19,400 by '15 (as shown in Figure 2).

Revenues in million.

Figure 1: Revenues Generation

Employees

Figure 2: Generation of Employment Opportunities

Next


* Contributed by: -
Manas Ranjan Mishra,
Has served as Production Manager at RCIL, Rourkela,
Currently M.B.A I-Year student of Indian Institute of Information Technology & Management, Gwalior.


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