Blog

Litigation Outsourcing in 2010

2010 recent study suggests daunting picture to corporate counsel struggling with shrinking legal budgets. Large cap companies will see an increase in matters in 2010 as compared to 2009.

During the slowdown, it is expected that litigation matters in various fields will increase. Moreover, the slowdown will bring with it new, multifaceted regulation leading experts to believe that complex litigation will also grow.

Because of the slowdown, law firms are figuring out alternative fee arrangements for their law firms. Many of the law firms have responded by cost cutting methods. They have also sought the other way by outsourcing their work for pre-litigation, litigation and non- litigation matters.

Outsourcing by setting up their own back up office or through a retainer is working successfully for the law firms. Many have entered into deals with some prestigious outsourcing companies.

However, the problem arises with these client companies are to manage the process of outsourcing. Basic issues which always concern them are of security, quality, productivity level, handling procedures and many more.

At Xxon we believe in direct relationship between client company and outsourcing provider can offer the most effective and efficient legal services. Once we are aware about your needs, style, and requirement we adept ourselves in such a position that it helps overall improvement and development of legal business processes.

Feel free to contact us to discuss your legal support strategy for the upcoming year.

Posted by admin

Tags: Legal Process Outsourcing, Litigation Outsourcing
Posted in Legal Process Outsourcing, Litigation Outsourcing | No Comments »

Reduce Your Off-Shoring Bills- Xxon’s Tips For Foreign Law Firms

The basic reason to off-shore any work is to reduce costs, be it a legal off-shoring or any knowledge off-shoring. Such being so every effort and endeavor should be made to keep the off-shoring bills low without compromising quality and data security.

One of the best methods of keeping your bills low is to select a vendor with a reasonably good infrastructure but a modest set up. All that matters is the quality of people working in the LPO and not the location of the office. The swankiest LPO office does not necessarily deliver the best quality of work. We have seen how LPOs with swankiest offices in the costliest uptown of cities have closed down because they concentrated more on showing off rather than investing on quality man power.

In fact the higher the overheads of the LPO the higher shall be the bill on the customer. So, as an off-shoring customer, do not get swayed by the office and furniture of the LPO; rather look into the quality of people and try out their efficiency with a trial work. As they rightly say, do not judge a book by the cover, so does the same apply while selecting a LPO vendor.

You would also have better control on your off-shored work with medium sized LPOs and they shall do their best to serve you to the best of your satisfaction. These medium sized LPO have a treasure of manpower which if you dig upon shall be beneficial for you.

Posted by admin

Tags: Legal Services, Tips For Foreign Law Firms
Posted in Legal Process Outsourcing, Legal Services, Tips For Law Firms | No Comments »

How India is the Best in Legal Offshore services

India offers prolific breeding ground for the legal offshore services. And there are many prominent reasons which make it happen in an out rightly smart manner. The first and foremost thing out here is availability of the educated and qualified legal human resource. And adding to it; the affordability factor. It is this very factor alone that has made the westerns peep at bubbling India legal dominion. Estimates point out that revenue from the legal services is poised to take the leap at $146 million for the calendar year 2006, and expected to reach $640 million by end 2010.

Further estimates point out that in the year 2006 alone, the industry generated active employment for around 7,000 legal professionals, and which is slated to rise to whopping 32,000 by the end of 2010.  Researches clearly demarcate some of the prominent segments that would increase the need for experienced legal professionals. These include, Legal transcription, Document review, Litigation support, Legal research, Intellectual Property, Contract related services, Secretarial and Legal publishing services.

There’s no doubt that India offers ideal environment for legal offshore services, as it brings together best of talent, best of practices and best of strategies, all at one place. There’s no other single nation, which has talent and skilled professionals present at a single place.

Posted by admin

Tags: Advantages of LPO, Benefits of LPO, Legal Process Out Sourcing, LPO-India
Posted in LPO-Tutorials, Legal Process Outsourcing | 1 Comment »

How to reduce cost using Legal process outsourcing

Legal process outsourcing (LPO) is becoming an effective and cost saving option for the law firms in the west. And this is no boasting! The basic essentiality that goes with the outsourcing market is cost saving.  BPO and KPO firms in US, UK and Europe consider it a complete win-win situation. Now, what reasons makes LPO a rightful means to reduce the cost? It is very clear that outsoaring definitely serves as the point for the western law firms to save ample of money. Had this not been the case, outsourcing industry would not have existed and grown at such an alarming rate as it is growing now.

LPO reduces the cost in three beneficial ways. These ways include:

• It provides advanced technology based legal processing which not only gives quality legal processing, but also saves time. Both, high quality and time saving techniques bring together low cost legal outsourcing option available to the law firms in US.
• Readily available trained legal professionals that can do the job.
• The legal system in India has a very close similarity with the legal systems operating in US and UK.

Posted by admin

Tags: Legal Process Out Sourcing, LPO Reduce Cost, LPO-Tutorials, reduce cost using LPO
Posted in LPO-Tutorials, Legal Process Outsourcing | No Comments »

After traditional off shoring, it is the turn of legal and real estate services to be outsourced to India

In the recent years, India has seen significant changes in the off shore out sourcing industry. From the times of advent of BPO industry and up to KPO, there have been global opportunities available in the Indian sub –continent more than any where else on the earth. Going further, the present time is opportune for the legal and the real estate out sourcing. Estimates clearly point out that legal off shoring is destined to surge from $146 million in 2006 to $640 million by 2010.

The key concern areas that will make definite say as far as legal process out sourcing goes, includes, Legal transcription, Document review, Litigation support, Legal research, Intellectual Property, Contract management, Secretarial and Legal publishing, e-discovery and many more. Likewise, the sub prime crises as witnessed in the US clearly showcased ho the mortgage market slashed down. This also clearly showed weak and unstable US real estate market.

As compared to the US real estate market, there are potential growth opportunities available in the real estate market in India. Furthermore, Jones Lang LaSalle reports clearly indicate that India’s real estate property market will began to take an up path of US$ 12.11 billion in the real estate investment for over a period of five-years.

These figures assume that real estate market in India has potential and would attract outsourcing from the real estate markets across the world. And the amazing fact is that it might happen very soon!

Posted by admin

Tags: Advantages of LPO, Legal Process Out Sourcing, LPO-Tutorials
Posted in LPO-Tutorials, Legal Process Outsourcing | No Comments »

LPO security measures consider before choose your LPO partner

Legal process outsourcing LPO) is gradually becoming a potential and lucrative segment under the KPO industry framework. However, amidst all proportions, it becomes very essential to know how a western outsourcing firm would handle and manage a reliable LPO partner. What all is required to attest the reliability and authenticity of an LPO partner? Again, all these questions directly relate to the point where one consciously asks on how best LPO task can be managed?

You need to remember one point clear and out – Security- which becomes quite necessary and dominating fact in any outsourcing project, no matter, whether it is BPO, KPO or LPO. However, if the sensitivity of documents along with other proprietary measures is to be taken into account, then certainly, you need to have an LPO partner who is reliable and follow strong work ethics in a consistent manner.

Listed below are few points that you need to consider while making a good choice over your LPO partner:

• Check Out whether or not the LPO partner has got reputed clientele associated with him or her. And even the prospective LPO partner has good clientele list, you need to know the time duration for which these clients have been associated with the prospective partner.
• Confirm about the nature of legal processing work being carried out by the partner.
• Check on the amount of time spent by the partner in legal processing.

Posted by admin

Tags: Legal Process Out Sourcing, LPO Security Measures, LPO-India
Posted in LPO-Tutorials, Legal Process Outsourcing | No Comments »

How to choose your LPO Partner? (Cost, Security)

Choosing an LPO partner for your services is the part of the process of outsourcing your work to countries that work as per your timelines and in addition meet your deadlines. Amidst rising popularity of the legal services outsourcing, the credibility of choosing efficient and reliable partner comes first. Without a reliable partner, you would certainly not be able to meet the overgrowing business demands at the very first place, let alone rest of the requirements.

Two most important things that come on top while choosing your preferred LPO partner is Cost and Security. If you have a partner who is affordable and can work in line with your requirements, then, nothing like it. Low cost and high quality legal processing would not only save you money, but also, you’d be saving the intellectual resources.

In the same way, if you have a trusted LPO partner joining you, you will always be on the plus side. And why not! If one takes into account the sensitivity of documents and other core issues, you need to integrate completely secured process handling measures all the times, in order to prevent any breach of proprietary information. Therefore, it becomes utmost important to know the character of your prospective LPO partner with whom you want to get involved in the legal services business.

Posted by admin

Tags: How to choose LPO Partner, LPO Partner, LPO-India
Posted in LPO-Tutorials, Legal Process Outsourcing | No Comments »

US Corporate Outsource Legal Work to India

Legal work processing in India is graduating, and it has marvelously transformed from the lawyers chambers to plush centrally air-conditioned bays. And you know what, all this happened because of burgeoning growth legal work being outsourced to India. US corporate law firms are the prime outsourcers of legal work to India. This trend has created work space for the new as well as the experienced law graduates.

The amazing fact to note out here is that Indian law system finds remarkable similarity to the US and UK law system. Next, most beneficial factor to note is that principal language of teaching in India is English, and therefore, most of the law schools in India conduct the classes in English language. All these conditions add to the bonus for the corporate US law firms.

Furthermore, the time zone requirements also easily adapt to US time zone requirements, and legal professionals in India can easily adjust to shift timing work patterns. The outsourcing of legal work to India gives advantage to the law firms in US, as they get low cost and best quality legal solutions. In addition, completely legal professional work is done as per the client’s satisfaction.

Therefore, for legal firms in US, outsourcing their legal work to India is the smartest option that could ever be taken by surprise.

Posted by admin

Tags: Advantages of LPO, Benefits of LPO, LPO-India, LPO-Tutorials
Posted in LPO-Tutorials, Legal Process Outsourcing | No Comments »

Legal Outsourcing a Beneficial Tool for Law Firms

Legal outsourcing is the hot new bud which has paved promiscuous opportunities for the legal professionals in India. Many of legal firms view India as an economical way of finding low cost legal processing solutions. LPO is a perfect combination of Law and Technology, knowledge of both areas is required while processing legal research, due diligence documents, legal document review, trade mark services, patent support services, litigation support etc.

Whether it is the law firm or the client, both are benefited in one way or the other. Listed below are the sumptuous benefits of LPO the Law Firm:

• Outsourcing the Legal Processing, the law firms can focus on the primary issues involved in the litigation process.
• Outsourcing the legal processes also helps in exceeding the expectations of the client.
• Outsourcing also reduces down the cost of having a regular employee.
• The law firms who outsource their work also get away from the very burden of hiring and training.
• Finally, outsourcing also augments profits of the law firms.

These points make it important for the law firms to outsource their work to the other vendors situated in the regions where apart from easy availability of skilled labor, there are plenty of resources available for undertaking the tasks with professional acumen.

Posted by admin

Tags: Benefits of LPO, Legal Process Out Sourcing, LPO-India, LPO-Tutorials
Posted in LPO-Tutorials, Legal Process Outsourcing | No Comments »

Advantages of Legal Process Outsourcing in India.

Legal Process Outsourcing (LPO) comes under the purview of KPO industry, and if India is taken into consideration, there’s least doubt that India law firms are bound to benefit form the on going LPO trend. India is a land of high skilled legal professionals who have fair idea about the legal processes running in the US and various European markets.

With the prominence of reputed law schools in India, LPO firms in India have reached to professional maturity levels, where they have become knowledgeable about variable legal roles, including, IP processes, legal research, pre-litigation documentation, document analysis, preparing software licensing agreements etc.

Indian legal professionals are offering the same nature of legal patent services and that too with complete satisfaction and quality. Assessment and statistics show that legal professionals in India are offering patent related services at $2000 and lower prices, than what US law firms are charging ($8000-$12000.).

Here are the advantages of outsourcing legal processes to India:

Posted by admin

Tags: Advantages of LPO, Legal Process Out Sourcing, LPO-India, LPO-Tutorials
Posted in LPO-Tutorials, Legal Process Outsourcing | 2 Comments »