Wednesday, February 23, 2011
Sunday, January 2, 2011
Investing in a LPO - Legal Outsourcing setup
More and more firms coming out to catch with the demands in legal offshoring work, the sense is in right investments, a perfect strategy to follow for a better return to your investments. LPO is for sure a golden opportunity that the legal industry throws on far flung destinations, but many newly started LPOs had to down the shutters for not able to tap this prospect.
Like any demanding industry, legal process offshoring firms require a strategy to maintain infrastructure. Market services, have a good legal team, a highly decorated office or a flaringly designed office would not help secure the market. The organizational make-up should not only impress the clients, also satisfy their challenging concerns about the firm.
European and US firms have a very different outsourcing perspective than the local legal firms; they are very concerned about deliverables and quality standards. Costs and savings may not be the top priority in all circumstances. To make sure their quality criterion are fulfilled, they want to see people behind the veil; to know how well trained they are; their selection procedures and would prefer their own lawyers joining the offshoring office. Using proclaimed softwares, integrated data security systems and secured work places also give them a judgment of quality and credibility of the LPO. Evidently, a work force and infrastructure that is just not capable but also satisfy their concerns or looks good in their view should be tacitly designed.
New start LPO also falls out from US market for lack of competent staff, the Indian lawyers are not trained on the US law and there is little number of institutes imparting the training. Lack of knowledge on US law in such LPO degrades the quality of work leading to loosing work from the client. Legal firms are also reluctant to give a second chance; hence a one time bad mark can prove crucial to future work from the client.
Pointing to all these aspects of Legal Process offshoring, a right investment or budget that look beyond the office infrastructure and a qualified legal team to a more polished ambience, which enlightens your LPO in front of the clients, will pave to better marketing of the services.
Friday, October 1, 2010
World LPO Conference, 2010 in Noida : Meeting of LPO Professionals
Due to the most welcoming effort of KPO Consultants, Noida got the opportunity to organize the Global LPO conference, 2010 in Gudgaon. The LPO Summit, offers you the best practices and solutions regarding the innermost workings of a legal services outsourcing arrangement, is scheduled to be held on 13 and 14th of November at Hotel Radisson, Noida.
Main features of the Summit:
• The expectations of foreign law firms vis a vis vendors real capabilities.
• Understanding legislative impact on legal process outsourcing.
• Integrating LPO into overall business strategy – buyers’ perspective.
• Process of selecting the right vendor – asking right questions, analyzing past record of quality delivery,
SLAs, state-of-art facilities, IT support, and trained staff, matching your needs and overall capacity of
vendor to fulfil, and use of third-party support like consultants or advisors.
• Measuring the return on investment in LPO partnership – buyers’ perspective.
• Ethical implications of outsourcing legal work – buyers’ perspective.
• Availability of trained talent pool – current status and challenges.
• Considerations when leveraging the Indian labour pool – key insights into hiring and managing remote
workers, controlling process, quality and training, etc.
• Scope of LPO operations in India – LPO doesn’t have to be reserved for several big players.
• Law firms of the future – how to be transformational partners with law firms.
• Cross border discovery – what is it - value and process; differences between UK and EU, UK and US, EU
and US; tools, process and defensible practices.
• Addressing Key Buyer Concerns including:
• Obtaining firm wide buy-in
• Monitoring turnaround time of end deliverables
• On-shoring, Near-shoring and Multi-shoring issues
• Complying with Export Control laws
• Other key issues.
Expert Participants:
Note: Fee will be charged to participate.
Main features of the Summit:
- Meet buyers community on One-on-One basis
- Analyze outsourcing needs of buyers
- Network with key stakeholders
- Increase market awareness and branding
- Understand execution processes in the LPO industry
- Opportunity to know and compare the pricing structure
offered by vendors - Explore new investment and diversification
opportunities - Learn current and future scenario
• The expectations of foreign law firms vis a vis vendors real capabilities.
• Understanding legislative impact on legal process outsourcing.
• Integrating LPO into overall business strategy – buyers’ perspective.
• Process of selecting the right vendor – asking right questions, analyzing past record of quality delivery,
SLAs, state-of-art facilities, IT support, and trained staff, matching your needs and overall capacity of
vendor to fulfil, and use of third-party support like consultants or advisors.
• Measuring the return on investment in LPO partnership – buyers’ perspective.
• Ethical implications of outsourcing legal work – buyers’ perspective.
• Availability of trained talent pool – current status and challenges.
• Considerations when leveraging the Indian labour pool – key insights into hiring and managing remote
workers, controlling process, quality and training, etc.
• Scope of LPO operations in India – LPO doesn’t have to be reserved for several big players.
• Law firms of the future – how to be transformational partners with law firms.
• Cross border discovery – what is it - value and process; differences between UK and EU, UK and US, EU
and US; tools, process and defensible practices.
• Addressing Key Buyer Concerns including:
• Obtaining firm wide buy-in
• Monitoring turnaround time of end deliverables
• On-shoring, Near-shoring and Multi-shoring issues
• Complying with Export Control laws
• Other key issues.
Expert Participants:
- Abhi Shah, CEO, Cluch Group.
- Rahul Shah, AVP & Head, Infosys LPO
- Richard Reade, UK General Counsel, ISS World
- Anand Sharma, CEO & Head, Management Services, CPA Global
- Lalit Bhasin, Bhasin & Co.
- Michael D. Bell, Managing Principal, Fronterion LLC
Note: Fee will be charged to participate.
Thursday, September 16, 2010
A new face of Outsourcing in India
Legal process outsourcing (LPO) is one of the indispensable part of BPO, which involves the outsourcing of Legal work to offshore companies. Legal outsourcing services have increased rapidly in past few years especially in US. India has been considered as one of the most successful service provider in this domain and includes the services like Legal research, Legal Review, Legal Writing, Drafting of pleadings and Patent services.
These Legal services comprises of both high and low end works. The high end service includes Patent research, legal research, legal review, patent application drafting etc and requires qualified lawyers. On the other end the low end work includes Transcription, document coding, secretarial services, memo drafting etc. and does not require a qualified lawyers. India has been successful in providing both kind of services to its clients with quality due to the availability of large pool of qualified lawyers from good institutions and with the ability of good English understanding, speaking and writing.
Yes I agree that this would have not been possible without the support, patience and training of clients, but at the same time we cannot deny the fact that by one time investment in training the clients have not only started receiving the quality they were interested at but at the same time the strong understanding of work requirements and quality deliverables boosted their confidence in Indian LPO market. “Pricewaterhouse Coopers in its study has analyzed in detail the growth of LPO industry. They have found that legal services outsourcing provides the highest cost savings of 44% in comparison to other markets. The research also revealed that LPO services realize the highest profit margin for providers, with an average margin of 29%, ahead of IT (24%), finance and accounting (21%) and procurement (19%). All these figures are indicative of the fact that legal outsourcing is the best avenue to provide cost saving, which in the present state of economic slowdown is the most coveted prize. The research also highlights the expansion plans of LPO service providers that points the increase in business meted out to them”.
The law firms around the world can get the benefit of outsourcing legal work to India, thereby saving a lot of amount, and access to large pool of highly qualified lawyers. The LPO industry in India has well established itself in India in understanding / providing quality services in the domain of Intellectual Property, legal research, legal review, document analysis etc. One of the reasons is that the Indian legal system is similar to that of US, UK, Canada and parts of Europe.
Well we cannot deny the fact that the industry is still booming in India and most of the companies are taking advantage of it in terms of their costs, services, time lines, quality and many other benefits which are not seen but are felt to a larger extent.
Let you also enjoy the benefit of outsourcing legal work to India before it becomes too late for you!
These Legal services comprises of both high and low end works. The high end service includes Patent research, legal research, legal review, patent application drafting etc and requires qualified lawyers. On the other end the low end work includes Transcription, document coding, secretarial services, memo drafting etc. and does not require a qualified lawyers. India has been successful in providing both kind of services to its clients with quality due to the availability of large pool of qualified lawyers from good institutions and with the ability of good English understanding, speaking and writing.
Yes I agree that this would have not been possible without the support, patience and training of clients, but at the same time we cannot deny the fact that by one time investment in training the clients have not only started receiving the quality they were interested at but at the same time the strong understanding of work requirements and quality deliverables boosted their confidence in Indian LPO market. “Pricewaterhouse Coopers in its study has analyzed in detail the growth of LPO industry. They have found that legal services outsourcing provides the highest cost savings of 44% in comparison to other markets. The research also revealed that LPO services realize the highest profit margin for providers, with an average margin of 29%, ahead of IT (24%), finance and accounting (21%) and procurement (19%). All these figures are indicative of the fact that legal outsourcing is the best avenue to provide cost saving, which in the present state of economic slowdown is the most coveted prize. The research also highlights the expansion plans of LPO service providers that points the increase in business meted out to them”.
The law firms around the world can get the benefit of outsourcing legal work to India, thereby saving a lot of amount, and access to large pool of highly qualified lawyers. The LPO industry in India has well established itself in India in understanding / providing quality services in the domain of Intellectual Property, legal research, legal review, document analysis etc. One of the reasons is that the Indian legal system is similar to that of US, UK, Canada and parts of Europe.
Well we cannot deny the fact that the industry is still booming in India and most of the companies are taking advantage of it in terms of their costs, services, time lines, quality and many other benefits which are not seen but are felt to a larger extent.
Let you also enjoy the benefit of outsourcing legal work to India before it becomes too late for you!
Tuesday, September 14, 2010
Friday, September 10, 2010
LPO Directory
This great compilation is created to make LLB freshers to approach and find jobs in LPO sector, more easily and hassle free.
Delhi LPO hub
Bangaluru LPO hub
Pune LPO hub
Mumbai LPO hub
ALMT Synergies
Bodhi Global
Datamatics Technologies
Exactus
Innovar IP Consulting Group
Information and Analytics
Inrea
Integreon
Inventurus Knowledge Solutions
Legasis
Lex Artis
Lex Outsourcing
Mindcrest
New Galaxy
Pangea3
Renaissance Learning Systems
Rvsglobal
Tricom
LPO in Philippines
Kittelson and Carpo
Lasermed Outsourcing Solutions
LegalNetwork Philippines
LPO Manila Inc
Delhi LPO hub
- EconomicalServices.com
- Gausa
- Fealty Legal Services
- Fusion Legal Services
- Intrust Global
- Lawvie
- Legal Process Outsourcing Pvt. Ltd.
- Lexecute
- Lexite Solutions
- Link Consulting
- Miraclelegal
- Proleptic Datacentric Pvt. Ltd
- Renuka Infocom
- RKNA
- Sumpraxis
- Suntec India
- Trustman Legal Outsourcing
- Verist Research
- World Outsourcing Resource Centre
- Coalscent Technologies
- eCase Solutions
- Evalueserve
- Ids Infotech Ltd.
- Information & Analytics
- Integreon
- Kadenboriss
- LawScribe
- Lexadigm Solutions
- LexSphere
- Novus Professional Services Pvt. Ltd.
- Offshore Services to Lawyers
- Omniglobe International
- Quatrro
- United Lex
- WNS
Bangaluru LPO hub
- ALMT Synergies
- Atlas Legal Research
- Brainleague
- Clutch Group
- Comat
- Epitom
- Evergreen Valley Law Group
- Idiligence
- Infosys lpo
- IRunway
- Lexquisite
- Manthan Legal
- PnbKpo services
- Tusker Group
Pune LPO hub
- Bodhi Global
- Legasis
- Loxodrome Solutions
- Maximus
- Mindcrest
- Oxirient
- Prodigy Legal Minds
- Research Dynamics
- True Legal Partners
- Vertolex
- Verve Communications Pvt. Ltd.
- WNS
Mumbai LPO hub
ALMT Synergies
Bodhi Global
Datamatics Technologies
Exactus
Innovar IP Consulting Group
Information and Analytics
Inrea
Integreon
Inventurus Knowledge Solutions
Legasis
Lex Artis
Lex Outsourcing
Mindcrest
New Galaxy
Pangea3
Renaissance Learning Systems
Rvsglobal
Tricom
LPO in Philippines
Kittelson and Carpo
Lasermed Outsourcing Solutions
LegalNetwork Philippines
LPO Manila Inc
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