The Role and Scope of LPO
Legal Process Outsourcing (LPO) is a fairly new concept in the Indian legal community. LPO comprises of the things that lawyers have to do on a regular basis, due to which the amount of secondary legal work tends to pile up. To explain an LPO, it is an Industry where legal firms in countries like the US,UK outsource their work to countries like India, which primarily includes: Drafting, Legal transcription, business/market research, Litigation support, Document drafting like standard contracts, agreements, letters to the clients, patent applications; putting focus on these services by the law firms themselves can eat up time and effort that can otherwise be spent on representing clients in the court, providing legal opinions and approving the final legal drafts of contracts to name a few. Since 2003, in India alone, the number of companies offering legal process outsourcing services to U.S. and U.K. law firms has grown to over 120. The core indulgers that usually prefer...