| Playing on a New Court |
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| Wednesday, 12 October 2005 05:37 |
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The Hindu Business Line Indian firms have a new industry to increase their outsourcing market share, legal BPO, according to The Hindu Business Line article “Playing on a New Court.”
According to Nasscom, Indian firms have only penetrated 3% of the global outsourcing market. Legal BPO, also known as legal process outsourcing, is a new small niche market with a large market potential. Nasscom reports that a recent surge in interest in the legal BPO market has been bolstered by the increased demand for legal services. With a range of service providers including captive centers and pure-play legal outsourcing providers, such as Pangea3, the market, though still in its nascent stage, has a potential to grow significantly.
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