New Delhi: The legal process of the rich countries promise extraordinary coming outsourcing countries like India and the Philippines. As corporations and law firms in the U.S., Europe and Australia, reducing overhead costs, legal work, such as electronic document management, it is expected that changes in sea. India, due to its large size, is ready to take a great deal of legal process outsourcing (LPO) of sectors that are expected to increase to 40 percent. "Over the next five years would be about 20,000 jobs in the country LPO," said Alok Aggarwal, co-founder and president of research and analysis company Evalueserve. Aggarwal said nearly all the shore outsourcing work currently being sent from corporate counsel in the UK and U.S.. So far, law firms have been reluctant to work at sea, but looking to cut overhead costs more and better jobs coming to India, he said. "Globally, the total addressable LPO market is about $ 20 billion and India is well positioned to capture a large portion of it," said Anand Sharma, CFO, CPA Global, a legal services firm . Sharma said the company, which employs about 500 people in court proceedings, plans to quadruple its number of employees at the end of December 2011 given the chance. Another legal outsourcing firm, Pangea3, wants to double its current workforce of 550 during the next year. "This is the start for the LPO industry in the first phase of basic and middle level jobs come to India LPO. After five years, the country could attract more high-end consulting and legal advice and jobs, "said Kamal Karanth, CEO of staffing company Kelly Services. In fact, during the 1990s, although the BPO sector attracted administrative work of lower echelon who later became an analyst at high-end jobs. The LPO sector now seems to be going through a similar cycle with the success of the BPO industry to boast of, India may accelerate the evolutionary process of LPOS. | |
