"The legal outsourcing services work consist of valuable knowledge based services, including contract drafting, contract review and monitoring, document review for due diligence, patent drafting, simple filings and legal research. In addition, paralegal, secretarial, and litigation support are also covered under legal outsourcing services."
WHY OUTSOURCE LEGAL PROCESSES TO INDIA?
Legal process outsourcing consists of various processes from research and analytics to drafting, paralegal services, Intellectual Property Rights, Patents, Wills and Living trusts and Legal Research.
The LPO industry is the latest kid in the domain of ITES services and though today is only about US$1bn in revenues is expected to reach US $17bn in revenues by 2015. The first level document review encompasses anywhere between 58% and 90% of total litigation costs. This is a huge piece of the litigation costs pie. Therefore, companies are quickly working to identify strategies to control and reduce these costs. As such, interest and demand is growing in Legal Process Outsourcing (LPO) that allows for economies and efficiencies in first level document review. read more...
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