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Articles about Legal Offshoring (0-33 of 33)

  • Some Unplanned Consequences About Outsourcing
    By: Harsh Modi | - Outsourcing in online legal publishing simply means handing off the job of gathering and processing data and preparing value added content to another company. When offshoring is combined with outsourcing, it usually means that the work of creating databases of legal information has also been moved to another country as well as another company. In the process, the legal publisher effectively abandons its traditional responsibility for preparing content.
    Based on the analysis whi ...
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  • Document Management System Software
    By: Daniel Jowssey | - Content management refers to the process of capturing, storing, sorting, codifying, integrating, updating and protecting any and all information.

    Why companies need a Document Management System (DMS)?

    One of the greatest problems of any company is to have up to date, safe information. It does sound simple, but it is a crucial part of a
    company's process which is usually neglected or overlooked.

    Main risks of handling documents:

    * Info ...
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  • Next Level Philippine Business Process Outsourcing (bpo)
    By: darewin ocampo | - Business process outsourcing has fully evolved from a new industry into a globally sought for phenomenon. The global financial crisis that has ravaged world economies heavily for almost a decade now has pushed companies to look for cheaper means of conducting their operations. And such craving for cost efficiency sparked the boom of BPO.


    BPO is the assignment or delegation of one or more non-core business process to an offshore service provider that specializes in such proces ...
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  • Business Process Outsourcing (bpo) In The Philippines On Full Blast
    By: darewin ocampo | - The global offshoring market continues to enjoy rapid and exponential growth in spite of the seemingly worsening global financial crisis that has befallen the world. The global leaders of the business process outsourcing or BPO industry, namely China, India, and the Philippines have all experienced massive annual growth rates, all exceeding 30%. BPO is expected to continue growing for several more decades as its unique and great benefits are undisputed all throughout.


    Contact ...
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  • Offshoring E-discovery Services To India
    By: Sushant | - Defining e-Discovery

    Emergence of technology has led to an ever increasing transmission and retrieval in the number of online messages among all the corporations in the US. People are interacting through several online platforms (e-mail, messenger, and other IT forms) at different timelines. According to American Records Management Association (ARMA), more than 90% of records created today are electronic. However, more 70% of electronic information is never printed. Further, amendme ...
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  • Offshoring Contract Management Services To India
    By: Sushant | - Defining Contract Management Services

    Contract management involves drafting of terms and conditions of two working entities together, binding them to meet their respective obligations as stated in the document. It is also a process of building good relationships between buyer (also referred as customer) and supplier. One of the keys of a well drafted contract is clear visibility of each partys commitments and obligations. A contract defines a number of elements to be execute ...
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  • Client Concerns In The Lpo Industry
    By: Sushant | - Recession has been the cause of depression for a number of US companies. According to American Lawyer magazine, profits per partner at Top 100 law firms dipped by 4.3% and revenue per lawyer dipped by 1.2%. This has made offshoring almost unavoidable for the Law Firms looking to offset their increasing costs. Some of the major Law Firms including Clifford Chance and Eversheds are already operating from offshore locations.

    However, along with the huge savings on offer, Law Firms con ...
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  • Kpo Consultants To Provide Support In Sub-contractual Services
    By: Cooper | - KPO Consultants, one of the pioneers in providing management consulting services to the Law Firms in the US and LPO vendors in India announced its expansion in providing sub-contractual services support to the companies in the Legal industry. According to Mr. Pankaj Parnami, Founder and Director, KPO Consultants, Legal outsourcing industry is still nascent and there is dearth of available skill set both at overseas locations, particularly in the US as well as in India. We keep receiving lot of r ...
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  • Growth In Indian Lpo Industry
    By: Cooper | - Current global recession, business mergers and acquisition, and bankruptcy filings have accelerated the growth of LPO (Legal Process Outsourcing) in India. There has been a sizeable uptrend in the LPO industry since the downfall of the US economy. In particular, the vendors providing support functions such as Documentation Review and Legal Research have grown immensely. Currently Indian Legal services industry is growing at a rate of about 40% per annum.

    A number of Law Firms and C ...
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  • Temporary Staffing: Remedy To Growing Staffing Challenges In The Lpo Industry
    By: Cooper | - LPO (Legal Process Outsourcing) industry is growing exponentially and India continues to be the hottest destination for Law Firms, Corporations, and other businesses from US, UK, and other European countries. There are a lot of positives in Indias favor for these countries to offshore/outsource their legal work to India. However, India also continues to suffer from several challenges which are working against this phenomenal growth. According to a recent survey, a majority of professiona ...
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  • What Separates The Baby Kpo From Its Mother, Mrs. Bpo
    By: Cooper | - The genie of BPO (Business Process Outsourcing) has evolved and given birth to a child named KPO (Knowledge Process Outsourcing). But, is the child a mirror image of its mother or has it come with the some differences remains a subject of hot argument. Many experts believe the term KPO is just an acquisition of a new name of the term BPO with letter K replacing B. While some view KPO as a refined extension of the term BPO that provides value to its clients through domain or subject expertise rat ...
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  • Offshoring Outsourcing
    By: Sahil Kumar | - Offshoring Outsourcing
    Adam Smith the economist once said in his treatise The Wealth of Nations, "If a foreign country can supply us with a commodity cheaper than we ourselves can make it, it is better to buy it of them." Outsourcing therefore is simply a progression of an idea that has existed since early days of trade.

    From Outsourcing to Offshoring
    In outsourcing we have simply progressed to another step that is "offshore outsourcing" in which the buyer of the ser ...
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  • Are You Ready To Be Part Of The Lpo Industry?
    By: Cooper | - Could downfall of the US economy be an upswing for the Indian LPO Industry? This is the question thats in everybody mind. With the failure of the financial machinery last quarter, the US is facing its worst ever financial crises. Cost pressure is increasing and companies are exploring newer ways to achieve cost efficiencies such as outsourcing and offshoring. Reducing the cost of lawyers and litigation involved in business is the top priority for the CEOs.

    In the US, cost ...
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  • Legal Offshoring: India's Pie!
    By: Dr. Shikha Suman | - In this highly competitive global market every corporation requires to work on minimal margins and they required adopting cost cutting measures and that is where outsourcing became imperative.

    Legal Process Outsourcing (LPO) is the third big Leap of outsourcing industry in India, after Business Process Outsourcing (BPO) & Knowledge Process Outsourcing (KPO). LPO is an activity or practice to get legal support services from legal services firms or corporations.
    < ...
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  • No Effect Of Obama's Tax Reforms On Lpo Industry In India
    By: Cooper | - Outsourcing to India has always been and always be on the higher side whatever the case may be. There are many reasons fueling this fact and the most prominent of them are: Indias cost, quality advantage, young knowledge workers and its time zone that are making companies not just from the U.S. but from around the world to outsource jobs to India. No company wants to go bankrupt. Every company wants profits. And one of the best ways to earn profits in these recessionary times is surely o ...
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  • The Global Recession And The Lpo Industry
    By: Cooper | - Recession is the term interchangeably used for slowing down of the economic engine, decreasing the buying power of the currency and an alarm to optimize the profits by reducing costs. The US economic history has evidenced many financial droughts. 1929 stock market crash, pre and post 1941 WW II, 1965 Vietnam war, Y2K IT crisis in 2000 and the 9/11 terrorist attack on the World trade centre are but a few examples when the economy was bear hit. It was however the cherished desire of the America ...
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  • Lpos Ray Of Hope For Us Legal Industry
    By: Cooper | - The recession has ruthlessly impacted the global legal industry. The series of layoffs has crashed upon the US legal industry. Similar to investment banks, law firms and legal departments in US stretched their employee rolls during the growth. With the sudden hold back in the financial sector, the law firms and legal departments are also lessening and announcing layoffs in order to confront the diminishing profits.

    Law firms are figuring out more creative ways to deal with the eco ...
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  • Lord Of The Game: Legal Process Outsourcing
    By: Cooper | - Someone rightly cited, law is both a business and a profession. Meaning thereby, to run the business in the legal industry, one need not necessarily be a lawyer. It is well known that Entrepreneurship is the driver of growth. It helps creating innovative organizations which help in providing the foundation for structuring a nations competitiveness. Legal Process Outsourcing is a booming area for entrepreneurs with the required heat.

    Outlining The LPO Industry

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  • What You Meant By Outsourcing Legal Services
    By: sblservices | - Legal Process Outsourcing (LPO) is a field in outsourcing that involves high value added services. Practice of a law firm obtaining legal support services from a third party service provider is referred as Legal outsourcing. If the outsourced unit is based in another country then, the practice is known as off shoring.
    At initial stage legal outsourcing involved only low-end works, for eg: transcription. Later this was enlarged to specialized task such as legal research, library services, ...
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  • Sourcing Viewpoint: Window Of Opportunity In The Financial Crisis
    By: Randy Vetter | - The worldwide financial crisis continues to make headlines. Chief financial officers are looking for any opportunity to squeeze additional general and administrative cost out of their financials in order to impact the next quarter and beyond. Theyre looking to their chief information officers to slash their budgets and renegotiate third-party contracts for everything from hardware maintenance to offsite records storage. In addition, CIOs are being asked to delay discretionary technology ...
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  • Legal Process Outsourcing Industry Is Heading Towards Consolidation
    By: Cooper | - Research done by KPO Consultants suggests that there are little over 100 LPO companies in India and the LPO industry is moving towards mergers, acquisitions and consolidations. Big BPO players including Infosys, HCL, WNS, Wipro, Exl and others are seeking a toehold in the Legal Process Outsourcing industry. Their financial strength enables them to use multiple entry routes to the Legal Process Offshoring field. The margins in the BPO industry are 12-15%, while LPO offers margins as high as 40%, ...
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  • Why We Outsource In Technology
    By: C. Read | - Slavering marxists, protectionists and chattering union workers and other pre-modern die hards, who declaim against off-shoring or extending production processes to other countries, belie a xenophobia premised on market and economic ignorance. Technological development in either software or hardware uses off-shore labor for many reasons- none of which imperil local jobs. In fact, the opposite occurs. Offshore production increases jobs domestically (statistics prove this), buttress investable pro ...
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  • Bpo Business Offshoring Services
    By: Mike Putman | - BPO or business process outsourcing has gained significant popularity recently. By outsourcing the work by a third party, businesses can make significant earnings in terms of infrastructure and quality of service. India, the hub of BPO services, promises as one of the most cost-effective BPO destinations in the world. For instance, many companies now offshore their work, especially IT related works, to Indian BPO firms. Outsourcing a service offers a number of advantages to a firm. The most impo ...
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  • Is Transition Management Really That Important?
    By: Jill Stabler | - Most organisations, understandably, develop tunnel vision at the beginning of their outsourcing journey when the prize is getting the right deal done. But what next? What happens when the ink is dry on the paper and clients can relax in the knowledge that they have negotiated a good value sustainable deal with a reliable supplier? The answer is dont relax. Translating that deal into successful day to day operational reality is vital from an organisational, and often personal, point of v ...
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  • Brief Review On Bpo Service In India
    By: Tarun Jaswani | - The business process outsourcing industry in India refers to the Services Outsourcing Industry in India, catering mainly to Western operations of MNCs (Multinational Corporations). The sector witnessed considerable activity during 2004 05, including a ramping up of operations by major multinational corporations players and Indian organizations stepped up hiring. The domestic BPO market, catalyzed by demand from the telecommunications and BFSI segments, matched the growth of BPO exports. The mark ...
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  • Should You Use An Offshore Court Reporting Agency?
    By: Christine Harrell | - Many industries are moving jobs to other countries in order to take advantage of cheap labor. The internet has made it easy to move information-oriented jobs, including court reporting. However there are serious concerns with using offshore court reporters.

    Accreditation and Certification

    A US court reporting agency has high expectations of training and conduct from their staff. Clients going through US agencies can expect a level of professionalism that may not be ...
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  • Offshore Banks: Offering Low Tax Services With Confidentiality
    By: Ramapati Singhania | - An offshore bank is generally in a low tax jurisdiction (or a tax haven) that provides financial and legal advantages. These advantages typically include:

    * greater privacy (see also bank secrecy, a principle born with the 1934 Swiss Banking Act)

    * less restrictive legal regulation

    * low or no taxation (i.e. tax havens)

    * easy access to deposits (at least in terms of regulation)

    * protection against local political or fin ...
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  • Offshore Customer Services
    By: vishal gupta | - The carrier at customers on lake can as relocation the d' procedures to be defined; Affairs in a little expensive place usually overseas. The carrier at customers on lake can be seen in the framework offshoring production or the offshoring services. After its entry to World Trade Organization emerged China as regulation forward for offshoring production. After the technical progress in telecommunications the d' possibilities improved; Exchange of the services, l' India is a prominent country in ...
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  • Sdd Global Adds London, Bangalore Offices, Expands Capabilities To Transactions, Patents
    By: Vidya D. | - Bangalore, May 8, 2008SDD Global Solutions, the leader in high-end legal services outsourcing to India, has expanded from Mysore and New York into London and Bangalore. Already the go-to legal provider for Fortune 100 media, entertainment and other companies in Hollywood and elsewhere in the United States, SDD Global has added not only new offices, but also new service capabilities, including transactional work and patent services.

    London Office Opened

    Ale ...
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  • Who Will Outsource More In 2010 - Law Firms Or Corporates?
    By: Johnp | - The US$146 m (in 2006) legal process outsourcing (LPO) industry in India is on a rapid growth path, and is expected to grow to $640 million by the end of 2010 according to ValueNotes estimates. Corporates and law firms are offshoring large volumes and more complex work and have started to take advantage of the labor arbitrage that has been exploited by other industries for well over a decade. Increasing workload and rising costs are forcing legal counsel and law firms to offshore to cost effe ...
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  • Key Success Factors For Offshore Outsourcing To India
    By: Fleming | - In today s sourcing business, many companies are offshoring IT services and projects to India, some as a Captive Center (employment of own Indian staff), others choose external service providers for delivery.

    While a few years ago such offshore decisions have primarily been made to save costs, today these decisions are more often included into a global multi-sourcing strategy, where overall sourcing goals determine the right sourcing method. And, offshore outsourcing (e.g. to Indi ...
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  • Knowledge Process Outsourcing: The Big Game
    By: Suresh Oberoi | - KPO has developed two years back to encircle several specialist areas that were initially forbidden for offshoring. Take for instance, it has develop a legal outsourcing firm which employ lawyers; a pharma R&D outsourcing company which recruits doctors, PhDs in life sciences and an auto engineering outsourcing firm which requires engineers with CAD/CAM expertise.

    According to a Confederation of Indian Industry (CII) study, KPO will grow at a compounded annual growth rate of 46% ...
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  • Uk Software Industry Takes Piracy Fight Online
    By: Gold | - The UK software industry is taking its fight against software piracy to the Internet. The Federation Against Software Theft has begun trawling peer-to-peer traffic in an attempt to identify who is uploading and downloading software copies.

    Quite how the system, codenamed Operation Tracker, works will remain a closely guarded secret, but its primary aim is clear: to find companies where software is being illegally downloaded. Although uploaders will be targeted if they are found to ...
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