Three recent items about legal outsourcing caught my eye.
Prediction: LPO Market Will Be $2B in Four Years
Infosys, a major Indian outsourcing company, entered the legal process outsourcing market recently. The director and head of human resources is quoted in Infy to add 13,000 staff in Pune in 2 yrs (The Times of India, 9 Sept 2008) as saying “We estimate the current market size of LPO segment at $ 200 million and expect it to rise to $ 2 billion in four years’ time”. I do think the market is growing quickly but that seems high. ValueNotes, a Pune-based analyst outfit, predicts an LPO market of $640mil by the end of 2011.
Outsourcing: ABA Annual Conference Panel
The legal process outsourcing panel presentation on which I participated at the ABA Annual Meeting is featured in the “Your ABA” Newsletter, Outsourcing legal services overseas, August 2008. Blogger Adam Smith, Esq. (aka Bruce MacEwen) attended and wrote a perceptive post about outsourcing in his 12 August 2008 blog post, London and New York, Meet Mumbai and Delhi.
Outsourcing: Microsoft Saves on Patent Work
Law department management consultant and blogger Rees Morrison, in Microsoft’s savings from using offshore patent support, quotes Marty Shively, Associate General Counsel and Director of Worldwide IP Operations. Shively reports that MS is spending $3 million on offshore patent support services, saving $6.5 in comparison to what the same services would cost domestically.