Outsourcing and offshoring.....[Legal Process Outsourcing]




Almost in every business we could see the word "outsourcing" will be pronounced,
that means the world is running towards making the simplication on every process.
The most important thing is that the companies are thinking about cost reduction
as well as on time completion of a job. If a process is outsourced, the outsourcing
company will think that, that part of the job is the main business for them and atmost
care will be taken on time. So that both the companies will benefit mutually by generating
the revenue for the outsourcing service providers as well as cost reduction and time
reduction for the core business unit who is outsourcing the Job.

Apart from BPO/KPo's recently LPO[Litigation Process Outsourcing] is getting
emergence in the world of outsourcing. Recent studies reveal that in 2010-11 India will
get 300mn dollar revenue from LPO alone aprat from BPO/KPO. It leads to a good trend for
the legal professionals to work for the US litigation support.

By looking on the estimated growth on LPO industry, all IT/ITES giants are investing
money on LPO industry in order to step in early to capture the market share. Sure that LPO
will grow double from the current with in two to three years. The potential for LPO industry
is big one and the countries are looking to earn foreign exchange more through this
prospective industry, which will grow like anything in short period of time.

The LPO mainly outsource on document review, legal research and writing,
drafting of pleadings and briefs, and patent services outsourcing. Though India,
the Philippines, the US, Israel and Latin America and some of the middle east countries
are doing LPO services, major market share will be taken by India and Philippines only.
The English Speaking Countries and the countries which are following English Law will
take their most of the business in LPO Industry.

To conlude, it is needless to say that the Lawyers will get Global focus on their
profession by serving to the local, national and International clients.

Popular posts from this blog

Image
                                                         #BanSterlite.                                                      The ongoing protest against the sterlite industries in thoothukudi is a prime concern for the present state government. As long as two decades ago the then admk government granted permission for the sterlite industries to commence operations at thoothukudi though it was refused in some other states like goa, maharastra, gujarat etc.           Of late claiming lives of thirteen protesters, whistle blows the current situation of the protests and the seriousness on the issue. Now the government of India and government of tamil nadu were very serious about controlling the protests instead it might have taken stringent action against the non compliance of certain pollution related factor by the copper manufacturer. Earlier the other unit of the same industry at Mettur also shutted down due to the non compliance of the conditions laid down by the pollution c
Read more

Magic of Learning.......

People wants to become rich or to make a big money over night!! Is it possible to anyone without making any effort to get everything? Life is like a lending machine, we should give something to get something. Most of us would like to be prized with out any effort. Without knocking a door, no door will be opened for you. Would have to face many pains and stains to get succeed. Those who have passion to accept pains and insults will be successful always. Put some effort either it is your job, business or profession, sure you will get something as return. Without effort if we are expecting some magic to happen, then it will be like sitting under a coconut tree in which there is no coconut at all by expecting that coconut will fall from the tree. So without any effort no magic will happen in our life. And also If we take pain to climbing on the tree to get coconut, If there is no coconut in the tree at all means what is the meaning of our efforts. Finally we have to blame the tree that
Read more

On going Protest for Cauvery Management Board in Tamil Nadu

Image
                                   Cauvery Management Board.                It is really a hard time to the farmers in delta districts and in the river bed of cauvery like Salem, Dharmapuri, Erode, Karur, Trichy, Thanjavur, Tiruvarur, Nagapattinam and even cuddalore too.              Water is the very basic need of any being to live and also for the trees, it is essential without water human beings and all other beings cannot survive. We know that there are lot of rivers crossing  the international borders and between the countries there is no issue, by the dialogue or by treaties or joint agreements the water is shared amicably without any dispute.           But in India there are several water disputes in sharing of water between the states, most of the time apex court interferes and even though some judicial orders were passed, the parliament settles some and unsettles some cases by constituting a board or scheme.              Coming to the issue between four South Indi
Read more