Business Daily from THE HINDU group of publications
Saturday, Jun 16, 2007
ePaper


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Corporate - Human Resources
Info-Tech - Outsourcing
Industry & Economy - Courts/Legal Issues
US corporates outsource legal work to India

Anjali Prayag

Bangalore June 15 It's not just law firms or individual attorneys that are outsourcing their legal processes to hundreds of lawyers engaged in LPO in the country.

In fact, when large US corporates are fighting a case in the US, the company's legal department at its headquarters would need just one lawyer to appear in court while its entire legal department is stationed in India.

Mr Russell Smith, President and Chairman of SDD Global Solutions, said: "That's because most of the research and paperwork for large American corporates are being done in India."

SDD Global, a Mysore-based LPO employing close to 40 lawyers and on the verge of ramping up to 200, is doing high-end legal document work for companies such as Calvin Klein, Universal Pictures, 20th Century Fox, HBO and John Wiley and Sons.

Similarly JuriMatrix, a Bangalore-based LPO, is servicing the legal needs of large MNCs including global investment bank JP Morgan.

LPO is a $61-million business with work coming from several sources into the country: law firms, of course, are still the leading source the business (49 per cent), but catching up fast are corporates who form a significant chunk (36 per cent) of the sourcing pie, while the rest is shared by individual attorneys and legal publishers.

"But the $61-million business this is just about two per cent of actual potential," says Mr Abhi Shah, CEO of JuriMatrix.

Though India churns out close to 200,000 law graduates every year, only about 79,000 of them are English-speaking and hardly 850 get into jobs into top law firms in the country.

India, the US and the UK share similar legal systems and Indian Universities educate lawyers to work only in the local legal system.

"This can be overcome with a short training programme," says Mr Bhanin Patel, Vice-President, Training, Rainmaker T&R Pvt Ltd, a training school for orienting lawyers for an LPO job.

More Stories on : Human Resources | Outsourcing | Courts/Legal Issues

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Aurobindo gets USFDA nod


FDA nod for Trandolapril
Bertling Logistics India arm
Clarification
Damodar Valley Corpn exploring overseas loans
Hindustan Dorr bags IOC order
Fringe benefit to employer from FBT on ESOP
Matrix allots ESOP shares
US corporates outsource legal work to India
Asian Hotels board proposes split into 3 independent units
OVL plan to buy 33% stake in Egyptian block gets Cabinet nod
Dr Reddy's opens office in Nigeria
Rlys signs coal transportation pact with Nagarjuna Power
Jones Lang LaSalle entering India in Q3
US restaurant chain Sbarro forays into India
EIH net up at Rs 59 cr in fourth quarter
Volvo India on the lookout for new export markets
Cynosure plans launch of battery-run 3-wheeler, mobike
GM may hike capacity of Gujarat Halol plant
Midhani to expand capacity
Gujarat State Petro expecting satellite oil reserve in KG block
Hilti India eyes Rs 200-cr sales
Avtec Ltd revenues up 15%
New MD for Kellogg's India


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line