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Articles » Business
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The Role and Scope of LPO in Present Scenario in India
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Popularity: 
Views: 103
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2009-06-13 08:34:33
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Article by linksswap |
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The era of globalization followed by the localization needs have opened the threshold for the legal Process Outsourcing (LPO) in India. It has given a fruitful opportunity for the lajwyers and the legal firms in India to interact with the solicitor firms of USA and UK, and get to know first hand about the diversified legal processes operating in the international market.
The key thrust area where LPO industry in India is rendering the services largely includes:
• 'Statutory' Intellectual Property vis-à-vis Patents, Trade Marks, Copyrights, Industrial Designs, Plant Varieties, Printed Circuits and the Geographical Indications.
• 'Non Statutory' Intellectual Property vis-à-vis Trade Secrets, Confidential Information, Trade Dress, and the Equitable Right to prevent 'Passing Off.'
•Para Legal Support comprising, Back Office, Billing, Coding, Data Management, E-filing, Legal Transcription, Scanning, Secretarial Services etc.
•Contract Management, aiming for drafting and managing terms of contracts involved in business and interalia.
•Document Management, focusing on preparing and managing legal documents that conforms to all and any kind of regulatory requirements.
•Litigation support vis-à-vis Document creation using litigation support applications; First level document review & analysis; Manage data / index / images; Scanning / coding of documents with vendors; Deposition preparation and digesting; Substantive document review and analysis; E-discovery etc.
LPO industry is gradually growing in India, and as per the ASSOCHAM projected reports, it is slated to grow from its current share of 3-4 per cent to 6-7 per cent in the 250 billion dollar global market of Legal Process Outsourcing, by 2010. This would itself call for over 70,000 legal professionals to fill the positions by 2015. Ushering in a dynamic panorama, the LPO industry in India has tremendous potential to scale new heights and offer efficient legal processing in times to come.
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Legal Process Outsourcing
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Legal Processing Outsourcing
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Outsource Legal Services
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