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What legal business will be worth $1 billion by 2015?

Ooooh, big money for inexpensive, fantastic work. That's the future of legal services delivered by offshore companies in India, which is expected to generate $1 billion in revenue by 2015, writes Joy London.

In today's post, London provides readers with an excellent guided tour of a 68-page report by ValueNotes.  London describes a number of nuggets from the report, Offshoring Legal Services to India. Here's a taster:

"... although law firm IT directors say they are sending precious little work overseas, it appears that some substantive and administrative legal functions (e.g., document drafting, legal research, document discovery, paralegal and other administrative and secretarial support services) are being outsourced to India. Otherwise, why have we seen such a proliferation of India-based legal outsourcers ..." More

Don't forget that Joy London is an expert in this area; See her list of India-based legal outsourcing providers, compiled with Ron Friedmann. I wonder -- which of the Am Law 200 don't have captive centers for offshoring? And why?

Posted by Laurel Newby on December 19, 2005 at 02:37 PM | Permalink | Comments (1) | TrackBack (0)

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