ALB? has an interesting piece about Aus law firm Advent Lawyers who have announced a tie up with Indian LPO Pangea3
Here’s the introduction to their piece
Late last month, Pangea3, one of India’s largest providers of legal process outsourcing services, became the first India-based LPO to enter the Australian legal services market after announcing a tie-up with Australian law firm Advent Lawyers. The two organisations will collaborate on the whole spectrum of ‘junior end’ legal work, from contract drafting and revision to compliance and risk management work as well as M&A due diligence, and litigation and IP support.
The unique move could serve as a litmus test for other India-based LPOs seeking to grow out of their traditional markets in the subcontinent, the Philippines, the US and the UK into Australia.
David Perla, co-CEO of the Mumbai-based Pangea3, said that clients’ willingness to explore cost-effective augmentations to the traditional in-house lawyer/external counsel relationship in light of the financial crisis makes Australia an obvious choice.
“For the past five years we have seen a transformation in the US and European legal industry,” said Perla. “Many of the largest corporate legal departments around the world are embracing innovative solutions such as legal outsourcing to help increase internal efficiencies…The Australian legal market is experiencing similar pressures to the US and European markets [and] corporations are demanding better value and cost containment.” Pangea3 says it is also helping the in-house legal departments of Australian companies to integrate legal technologies and offshore ‘legal talent solutions’ into their own processes.
Full article at http://au.legalbusinessonline.com/news/analysis/aussies-provide-alternative-to-lpo/46033
