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IndoGenic Legal Services

IndoGenic Legal Services. Captive centers Third party niche Third party Multiple. Low-value services High-value services. What is an LPO. Corporations and law firms need to handle the large volumes while. keeping costs in check and maintaining profitability. This is where.

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IndoGenic Legal Services

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  1. IndoGenic Legal Services

  2. Captive centers Third party niche Third party Multiple Low-valueservices High-value services What is an LPO Corporations and law firms need to handle the large volumes while keeping costs in check and maintaining profitability. This is where Legal Process Outsourcing ("LPO") comes into the picture wherein core legal functions are delegated to external counsel to complete the assigned task on the basis of set parameters and fixed timelines.

  3. Prospects of LPO Industry The India revenues from legal services offshoring are slated to grow from $146 million for the calendar year 2006 to reach $640 million by end 2010. The industry employed around 7,500 people in the legal offshoring space in India as of end 2006. The number of employees is expected to reach 32,000 by end 2010.

  4. Why LPO? • Meeting steady growth in demand for legal services • cost effective • Access to abundant legal talent • 24 x 7 operations • English language expertise • Compatibility: Common law in both countries

  5. Cost Savings Routine legal work, regularly costing clients 200- 300 dollars per hour in the US, can be done for 30-100 dollars when outsourced to India. Law firms, corporate legal departments, can achieve savings of 60 per cent by outsourcing some of these tasks.

  6. Time for focusing on core business functions 1.Frees up company’s resources (esp. time and money) from performing non-core activities. 2.The steady growth in demand for legal services has always exceeded the supply from law firms, and hence offshoring would help them in meeting this shortage, thus attaining demand-supply equilibrium.

  7. Access to abundant legal talent Every year, India churns out close to 300,000 law graduates. Access to highly skilled legal talent at a significant wage differential will maintain high quality, thereby increasing overall productivity.

  8. Compatibility Common law in both countries Pankaj Parnami, Director, Acclivant Outsourcing Ltd, said, "Our legal system is almost similar to that prevalent in the UK. When we talk about the US market, there are (only) procedural differences."

  9. Possible Pitfalls? dollar depreciation quality of legal education in India confidentiality issues

  10. Solutions "Even a reasonably sharp appreciation of the rupee doesn't change the fundamental cost difference between the two countries," said Johan Gott, an offshoring consultant with the firm A.T. Kearney. the quality issue can be mitigated by in-house training sanitize the transmission of information between U.S and India offices by concealing all client and party names, commercial information, and all other case specific information before transmitting legal documents out of U.S offices.

  11. Who are we • We are a team of superbly trained lawyers and database research experts working from India. • We will manage your case from inception to successful conclusion, making it easier for you to work on more important legal matters. • We will work with you with superior modes of electronic communication to prepare your case research for you in time. • We do all this for US law firms at a fraction of the US price.

  12. legal research drafting of forms preparing exhibits case management financial assessment / billing document review e-discovery litigation support contract drafting corporate due diligence deposition summary legal transcription docketing class action support scoping legal coding back office motion preparation legal pleadings arbitration support legal secretarial services case summaries data entry legal writing services we provide

  13. quality assurance: how we train our employees • invite American lawyers and law professors to train our employees • in-house lawyer with US law degree • training school • training also by senior Indian lawyers

  14. how we save you money • hourly rates for our services like legal transcription, document conversion, legal data entry, legal coding, indexing, are a standard 10 USD/billable hour. For higher end work like legal research, we charge a flat rate of 20 USD/ billable hour. • you know these rates in USA; please compare.

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