Outsource to India law
Outsource to India law to bring down in-house costs related to legal services offered to clients. Also, when law firms and companies outsource to India law, they let professionals dedicate their working hours to the work at hand. This helps law firms not to spread themselves thin as far as in-house talent is concerned.
To outsource to India law is no longer a novelty. It's a reality. At least that is the message of Legal Process Outsourcing (LPO) companies participating in their first major industry summit, held recently in New York. Buoyed by Forrester Research projections that $4 billion in legal work may head to India by 2015, a growing number of companies are angling for a piece of the action.
Consequently, companies who want to outsource to India law are asking themselves many questions. Is to outsource to India law just about cost? Or can Indian lawyers actually do many things better than their American counterparts when law firms outsource to India law? And, should outsourcing firms seek to wholly supplant other service providers or cooperate with them?
All these questions are justifiably warranted, as the breath of work Indian LPOs are capable of, is mind boggling. Presently, companies can outsource to India law related services in the following categories:
- Outsource to India law for Business Formation
- Outsource to India law for Business and Corporate Law
- Outsource to India law for Contracts
- Outsource to India law for Copyright Services
- Outsource to India law for Court Reporting Services
- Outsource to India law for E-Filing Services
- Outsource to India law for Environmental Law
- Outsource to India law for Expert Witness
- Outsource to India law for Immigration Law
- Outsource to India law for Intellectual Property Law
- Outsource to India law for Labor and Employment Law
- Outsource to India law for Legal Billing
- Outsource to India law for Legal Claims Processing
- Outsource to India law for Legal Coding
- Outsource to India law for Legal Nurse Consulting
- Outsource to India law for Legal Research
- Outsource to India law for Legal Transcription
- Outsource to India law for Litigation Support Services
- Outsource to India law for Paralegal Services
- Outsource to India law for Patent Services
- Outsource to India law for Property Law
- Outsource to India law for Trademark Services
Cost is certainly a criterion why clients like to outsource to India law related services
Cost certainly sparks customers' interest in the Indian option when companies want to outsource to India law, says David Perla, co-founder of New York-based Pangea3, probably the largest LPO company with 240 lawyers in three Mumbai offices.
LPO salaries for Indian lawyers are generally well below $10,000 a year. By comparison, a U.S. contract lawyer usually earns around $30 an hour while associate base salaries at major firms in New York start at $160,000 a year.
Perla says that legal departments in companies already outsourcing other functions to India face particular pressure to look at similar cost-saving measures. The good experiences that clients have had with legal outsourcing have led to many other companies (including some of the 10 largest companies in the Fortune 500) being receptive to the idea, says Perla.
Clients generally outsource to India law for time-intensive tasks
LPO vendors target the more mundane but nonetheless time-intensive tasks associated with legal practice—reviewing mountains of documents for discovery rather than drafting appellate briefs. Once the province of junior associates, such work is now more commonly handled by domestic staffing agencies fielding large teams of temporary attorneys.
But Indian lawyers are increasingly being trusted with higher quality work
Price is not the basis on which most LPO companies want to compete with when comparisons are made with their Western counterparts.
The reason why many clients want to outsource to India law is because Indian LPOs are increasingly attracting the best legal talent in the country who are fluent in English and trained in English common law.
Perla says clients have held "bake-offs" in which the Pangea3's Indian lawyers were asked to perform the same tasks as U.S. contract lawyers. He said the Indians soundly trounced the Americans.
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