Business Process Outsourcing News and Information

Yes, its true that Indian lawyers are not physically present at the court verandah and not present while the hearing, but that does not mean they can not while sitting in India, probably in one of Gurgaon’s or Bangalore’s swanky offices can not process litigation support, patent writing, contract review and para legal services. Globalization’s another corpus, legal process outsourcing or LPO.

Analysts predict that the LPO sector is highly promising and according to latest estimates, though may sound quite a bit optimist, LPO or legal process outsourcing sector will have to fill approximately 79,000 jobs in India. The prediction comes from NASSCOM, India’s outsourcing nodal body.                   

IN 2006, NASSCOM in a press release says that existing addressable market potential for legal services that can be outsourced from the US alone are pegged at $3-4 billion. What’s more, NASSCOM has estimated that only 2-3 per cent (imagine) of the potential market has been tapped so far.

What is LPO or Legal Process Outsourcing?