The US$146 million worth legal services outsourcing industry in
India has been growing by leaps and bounds. When KPO verticals like media services, publishing, and analytics services are clocking a healthy 30% to 35%
rate per annum, legal process outsourcing services has been growing at a scorching rate of over 40% per annum for last couple of years. .
There are many large, mid-size and small companies, some with legal experience, some not, are entering the legal process outsourcing (LPO) market in India. Thus the clients overseas are getting more value in return. More innovative business models are popping up; package deals are becoming order of the day.
Very recently India has also seen the formation of an LPO Trade Association, a significant move, many feel, will strengthen the industry in the long run. Vendors are excited; they have a platform now and can jointly organize conferences and events in the US to market their abilities now.
To get News, views, analysis, joke, humor, even bitching of outsourcing world Subscribe here
Comment Preview