Legal process outsourcing (LPO) is one of the most widely debated topics amongst general counsel. Despite all the concerns regarding information security, efficiency, etc., the outsourcing industry has witnessed an impressive growth of 28 percent this year, and is expected to continue to grow in the coming years.
Cost benefit is the most significant reason for companies to embrace LPO. An attorney in the United States charges around $530 per hour, whereas an attorney in India with similar experience...
Take 10 years practice as a lawyer (law firms and in-house), add LPO, consulting and strategy experience, shake vigorously and pour over the legal market.
