The growth of legal process outsourcing is very rapid in India. It has recorded a 5o percent growth last year. The number of LPOs in India has gone up to more than 100. The growth of legal outsourcing has been accelerated by the recent global recession. Many law firms and corporate legal departments are taking different measures to cut down costs which make India a right choice in outsourcing legal services.
The availability of freshly qualified law graduates who are willing to work at low rates also adds to the reason why India is now a LPO hub. Progresses within India’s outsourcing industry have also contributed in making India a promising harbor for legal works.
The forthcoming growth will be in hefty services like document review, eDiscovery, legal publishing etc along with Intellectual property and contract services.
Scope of legal outsourcing in India
Indian LPOs are always in demand as they provide a pool of qualified young lawyers who have a good working knowledge of English. This is giving the lawyers and firms in India a fortunate opportunity to connect with UK/US solicitor firms and get to know about the assorted legal processes in the international market.
Fresh law graduates prefer working in LPOs instead of toiling for clients in city courts among senior lawyers where their opportunities are limited. Likewise, LPOs offer handsome salaries of around Rs. 30, 000 for freshers which is one of the main reasons why young graduates are attracted towards LPOs. As the growth rate of Indian LPOs is rapid it paves way for more job opportunities for young talented law graduates.
Biz and Legis, SDD Global solutions, Integreon, Fox Mandal Little are few of the major LPOs in India where hundreds of young law graduates are being employed.
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