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Presented by:
Mudit Agarwal (08) Nancy Chawla (42) Naveen Buddeppu (43)Yogendra Singh (46)Jayanta Das (49)Anandita (56)
WHY INDIA SHOULD
BECOME A GLOBAL
HUB IN LEGAL
PROCESS
OUTSOURCING
INDUSTRY ??
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Contents
O utsourcingCategories of O utsourcingO bjective of LP OIndia PerspectiveService O fferingsLPO Im ple m entationPricing ModelsMarket Spending for Legal services
Cross Border BP OSW OT Analysis of LP O IndustryWhy India is a Global Hub?Role of Govern m entRecent News related to LP O
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Co m pany provides itsservices do m esticallywithout any outside contracts
Co m pany uses servicessupplied by its own foreign
based affiliates (subsidiary)
Co m pany uses servicessupplied by another dom estically based co m pany
Co m pany uses servicessupplied by an unaffiliatedforeign based co m pany
Domestic Offshore
In-house
Outsource
Outsourcing: An Essence
Should focuson what does
it do BEST
Process don tDIFFERENTIATEin marketplace
Outsourcing asB usinessStrategy
since 1989
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C ategories of Outsourcing
KPO
Legal PO
EngineeringPO
Research PO
Medical PO
BusinessPO
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OffshoringOffshoring Supply Regions, 2007Supply Regions, 2007
Nearshore:
Easier travelCulturalsimilaritiesTime zone
Offshore:Lower costsTime tomarketResourcesQuality
On site
Irela nd
Ind ia
Current PrioritiesLonger-Term Prospects
Philippi nes
New
Zeala nd
Au stralia
Ce n tral/Easter n Europe
Jamaica
Fiji
Barba d os/Domi n ica n Rep u blic
Gha na
So u th Africa
Chi na
Ma u ritiu s
Thaila nd
Viet nam
Pakista n
Srila nka
Nepal
Malaysia
Sing apore
Ba ng la d esh
Israel
Aspiring Countries
Se n e g alNicara gu a
Spai n
Morocco /Tun isia
Mexico
Ca na d a
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Objective of LPO
LPO aims to bring the outsourcing advantages in form of value addition, cost reduction and time operations to law firms, individual attorneys and corporate legal departments with utmost CREDIBILITY .
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India Perspective
Market tapped so far by existing LPO service providers 3%Current revenues in legal outsourcing estimated to $600 mProjected estimation by 2015 to around $5 b
Potential to create 80,000 jobsCAGR of BPO : 26%
KPO : 44.5%LPO : 60%
India, like the US, is a common-law jurisdiction rooted in theBritish legal traditionAppellate and Supreme Court proceedings in India takes placeexclusively in English
Indian legal opinions are written exclusively in English
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SERVIC ES
LitigationSupportServices Legal
Research &Analysis
E-D iscovery& D ocument
Review
D epositionSummaries
LegalTranscription
ContractD rafting,
Review &Management
LegalD rafting
D ocumentManagement
Services
CorporateD ue D iligence
Services
IP Services
TransferPricing
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LPO -ImplementationC
lient & theirC
ritical Requirement
Transport of Information
C lients in US
Secure Network
Phone Lines
Team in INDIA
Upload the completeProject
Access toInformation /Documents
Toll free
Completion of Project in TAT
RegularPhone Line
Identify PreviligedDocuments
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Process Technology
Building Blocks To Constructing ASuccessful LPO
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LPOC ategorization
Indian Vendor space has over 100 service providersCategorized into 3 groups Captive centers of corporates Third party - Niche service providers (Stand-alone LPOs) Third party - Multiservice providers.
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Expanded Service Models forLPO Vendors
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Pricing Schemes
Pricing for our outsourcing services depend upon various factors like complexity, verticals, volume, duration, etc.
INPUT- B ASED SCHEMESPer Hour B asisManpower B asis
OUTPUT- B ASED SCHEMES
Transaction FeesPay per UnitProject B ased/Flat feeRetainer ship fee
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10,000 520 5,200,000 3,640,000 30% 1,560,000
30,000 $30 900,000 540,000 40% 360,000
1,900,000 100% 1,900,000
40,000 200 8,000,000 4,180,000 48% 3,820,000
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Legal Outsourcing: Scope Of Activities
Paralegal Support:Document Processing,production and management(includes word processing, legal transcription,legal coding, document conversion, keywordand XML tagging and archiving
Legal Support:Drafting and revising contracts/ agreements:E mployee contracts, Non disclosure contracts,licensing and supplier agreements etc are initiallydrafted by trained Indian Lawyers and sent for review to US attorney.
Legal Research: Lawyers sift through large
quantities of data using electronic database and theInternet, to provide focused research to law firmsand attorneys. Legal research is conducted for allsorts of US laws including case and statutory law.
Legal Counsel: O utsourced legal counsel servicesfor an in-house firm (with or without legaldepartment) or a legal firm, encompass most of theareas: Antitrust, bankruptcy, construction, Corporate,Criminal and civil rights etc.
Patent Services:Patent research and analysis : Landscape studies, patent appraisalsand valuation studies, infringement analysis and prior art searching.Patent application drafting: V arious stages of filing of patentapplication (prior art searches, patentability assessment, patentlandscaping, drafting specifications, drawings etc) may be outsourced toan Indian Party.
Patent prosecution: Indian companies are helping US attorneys in thepatent prosecution process, from providing a technical assessment of the prior art cited by a patent examiner to drafting responses to theexaminers objections.
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Ma rket Spending For Leg a l ServicesMa rket Spending For Leg a l Services
KPOC RESEARCHKPOC RESEARCH Country Amount(US $ Billion)
Growth overthe previous ye a r
(%)
Austr a lia 6.9 11.6
Chin a 1.6 7 .0
Fr a nce 18.4 14.0
Ja p a n 1.09 8.0
South Korea
1.61 -3.3
UK 34.2 3.6
USA 166.8 5.6
India 0.64 200.0
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Philippines
(ca pit a lizing on a strongtelecom services b a se)
Ja m a ica
(a nswering the c a llor low cost c a ll centers)
Chin a(Asi a n l a ngu a ge skillsa nd l a rge l a bor pool)
M exico(technic a l la bor b a sefor L a tin Americ a )
Indi a(best mix of bre a dth
a nddepth of l a bor with
strong English l a ngu a geskills a nd 24 x7 support)