Legal Outsourcing Boom to India
Outsourcing legal services is a $200 billion business in the US. Forrester Research estimates that LPO - Legal Process Outsourcing will become the key vertical in the KPO sector. KPO is knowledge process outsourcing.
India will receive 60% of around 40,000 legal jobs outsourced by the US by 2010.
I can imagine some of the discussions going on right now in partners' meetings. Pink? Who's Daniel Pink? Maybe they need a mind map.
Posted by Jill Fallon on January 27, 2006 at 9:26 AM | Permalink | TrackBack
The economic impact of outsourcing has created substantial change in the world market. The broadband infrastructure and the Indian education base has created an opportunity for global companies to significantly streamline costs. Within the legal arena, the appropriateness of this type of service all depends on the safe guards that are put into place as well as the legal authorizations that are afforded by our judicial branch to outsource organizations.
-RJ
www.4mysales.com
