While numerous pick to celebrate the Christmas vacation in additional traditional ways, the LPO business brings an abundance of vacation cheer via economic surveys.
Not to be outdone, survive week we released our annual trending report: Ten for 2011: Top 10 Trends in Legal Outsourcing in 2011. Featured by the ABA Journal - Legal Outsourcing Consultant Predicts More Onshoring - the broad survey is out there here.
Now on to the cornucopia of economic reports this moment month…
1. The European Lawyer: Outsourcing Survey
November and December quandary of The European Lawyer parts a prediction of total counsel on this use of legal outsourcing. If you can get your hands on a copy, it’s definitely rates a read. Statistics affix how the majority of whole counsel at this moment outsource, that services properties use and the jurisdictions in that properties feel a multitude of comfortable using.
2. State of the Indian LPO Sector
As earlier noted on the blog, an Indian outsourcing company set out to conduct a projection of the Indian LPO sector. After collating the responses out of 19 outsourcing firms, the outcomes are out. The complete poll is obtainable by contacting Ravi Shankar at IndianLPOSurvey@gmail.com
3. The LPO Program
The LPO Program, a UK-based guidelines solid released prediction findings projecting value increase of LPO in the springing year. According to a just now conducted study, “The number one users of LPO stay to be Corporate Law Departments, who are keen to add $129m of spending in 2011. Law corporations are shaking off traditional warning and are fuelling 41% of the foreseen growth. On these kinds of forecasts, it is foreseen overly at minimum 9 astronomical profile deals will be able to be announced by law companies in the subsequently 12 months.”
4. ValueNotes: 2010 To 2011 – Changes in the LPO Industry
ValueNotes released a comprehensive overview of boom patterns and events based on what i read in the outside of year – along with considerable deals, outsourcing geographies and the happenings having an effect on India as a chief goal for outsourced legal services.
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6 Comments
The Legal Process Outsourcing (LPO) industry is witnessing tremendous growth. The industry is growing and will continue to grow. This is definitely an industry to watch, it is here to stay and is bound to be the next big thing.
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