“The Indian legal services industry will more than quadruple to $640 million by 2010 from $146 million in 2006”
–ValueNotes
Forrester Research forecasts that the value on legal outsourcing to India will grow from the current figure of $80 million to $4 billion by 2015. Legal Process Outsourcing, or LPO as it is popularly called, is the latest trend in outsourcing. The impact of globalization along with the significant cost savings and increases in productivity and efficiency which can be realized, are but a few of the reasons why both law firms and in-house counsel are shifting operations abroad.
Yet despite growing enthusiasm within the market, there is still resistance. Unanswered questions and concerns are centered on which departments should take advantage of outsourcing. What are the actual benefits to law firms and their clients? What are the ethical implications? What implications does outsourcing have on client confidentiality and the security and control of client information?
The most important criteria is for law firms, corporations, insurance companies and legal organizations to understand how to source and operate globally so as to optimize efficiency, reduce their cost structure, while increasing revenues, and gain competitive advantage.
ACI’s India LPO Summit has been specifically designed to answer your questions and present best practice solutions regarding the innermost workings of a legal services outsourcing arrangement. Providing real-life case studies, corporations and law firms that are successfully outsourcing legal services & market experts will share their first-hand experiences, exchange ideas on how best to develop a global strategy, identify what to look for when negotiating an outsourcing contract, and ways to optimize the ongoing management of that relationship. And, Pangea3 is proud to be part of it. Representing the leading legal outsourcing firm in India, David Perla, co-CEO Pangea3, will moderate at the panel discussion: First Hand Experiences on Making the Business Case for Outsourcing Offshore – Qualifying the Viability and Benefits to Overcome Stakeholder Resistance
Topics covered include:
Click here for more information & registration details.
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Exclusive Participant of the General Counsel Roundtable's Preferred Pricing Program
#1 Legal Process Outsourcing (LPO) Provider - Brown & Wilson's Black Book of Outsourcing, 2007
Market Leadership Award - Legal Process Outsourcing - Frost & Sullivan, 2006