Legal Process Outsourcing
What is Legal Process Outsourcing ?
“Outsourcing is becoming the new gold rush,” said Abhay Dhir, president of Atlas Legal Research, a legal process outsourcing firm with offices in Dallasand Bangalore.”
Legal Process Outsourcing (LPO) is the industry in which in-house legal departments or organisations outsource legal work from areas where it is costly to perform, such as the United States or Europe to areas where it can be performed at a significantly decreased cost, primarily India.India’s legal services are affordable, efficient, and above all, skilled. Outsourcing legal work toIndia costs upto 80% less than the cost of using the services of American law firms. Because it is far less expensive to hire talent in countries such asIndia, an outsourcing company is in the enviable position of being able to commit larger teams of talented workers to more specific areas of concentration.
As a spin-off from the spectacular success of the Indian BPO industry, the Legal Process Outsourcing industry has emerged on the outsourcing scenario. Though it is a sunshine industry as of now, LPO is...