Business Process Outsourcing News and Information

In the legal process outsourcing market, India at present enjoys 3 to 4% of the 250 billion global market. By 2010 the country may actually grab up 6-7% of the pie. This information was shared by BPO Council of Associated Chambers of Commerce and Industry (ASSOCHAM). In its report it says that more than 200 law small, big companies from US are looking at offshore locations to get some job done which enable them to save 30-70%.

The Chamber in its report says

India is already known for its large and increasing pool of quality engineering graduates, many of who are being attracted to the patent services segment of legal BPO." Estimates report that by early 2006, there were over 400 professionals engaged in providing patent services such as literature searches, prior-art searches, technology and patentability assessment, patent claim mapping, etc, from India.

In India there are 600 patent agents and 300 Intellectual Property agents registered with Indian Patent Office. One third of these resources are directly connected with European and US clients. Industry estimates that this number also may go up to 1,800-2,000 by 2010.

But largest resource base will be India's law schools which churn out approximately 15,000 law graduates per year.

Legal outsourcing started in India as low end work including transcription and data entry related service. But, now everything from patent application drafting, pre-litigation documentation, legal research, analysing drafted documents, advising clients, writing software licensing agreements to drafting distribution agreement is being outsourced to India.

 

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