Monday, December 19, 2005

What legal business will be worth $1 billion by 2015?

Ooooh, big money for inexpensive, fantastic work. That's the future of legal services delivered by offshore companies in India, which is expected to generate $1 billion in revenue by 2015, writes Joy London.
In today's post, London provides readers with an excellent guided tour of a 68-page report by ValueNotes. London describes a number of nuggets from the report, Offshoring Legal Services to India. Here's a taster:
"... although law firm IT directors say they are sending precious little work overseas, it appears that some substantive and administrative legal functions (e.g., document drafting, legal research, document discovery, paralegal and other administrative and secretarial support services) are being outsourced to India. Otherwise, why have we seen such a proliferation of India-based legal outsourcers ..." More

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