Legal process outsourcing (lpo) business in india

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Bhavik Sheth (Querist)

11 January 2012 Dear All

Can anybody clarify me on the following:

1. How does a LPO works

2. How can I start a LPO on a small scale

3. How to get clients

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)

12 January 2012 Legal Process Outsourcing (also known as LPO) refers to the practice of a law firm or corporation obtaining legal support services from an outside law firm or legal support services company. When the outsourced entity is based in another country the practice is sometimes called Offshoring.

LPO services is at a nascent stage with relatively consistent market growth since early emergence of LPO in 1997.[1] LPO providers have established themselves in Canada, India, the Philippines, the United States, Israel and Latin America. They traditionally offer services in the areas of document review, legal research and writing, drafting of pleadings and briefs, and patent services outsourcing.

In-house law departments of major multinational corporations outsource some of their work in order to limit costs.

Initially, legal process outsourcing gained traction in the Asian subcontinent. However, in recent years the so called "near shore", "back-door" "specialized legal firms" have sprung up to satisfy law firms and corporations that demand quality and confidentiality.

Most firms and corporations outsource primarily to save cash, and this is considered the biggest advantage for legal outsourcing. While an attorney in major legal markets such as the US may charge from $150–350 dollars/hour when performing rote services, legal process outsourcing firms can often charge a fraction of this. It has attracted major corporations to outsource specific work outside their legal departments.

In Gurgaon and Bangalore, India the industry has benefited from the Global Financial Crisis, due to the increasing number of litigations and bankruptcies. [1]

Teams of Indian lawyers have achieved notable success providing legal research and drafting services in high-profile U.S. litigation matters.[2]

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