M&A Outsourcing to India?
It is happening now, reports Larry Bodine at Professional Services Marketing Blog. Lawyers in India -- who are paid $12,200 to $21,000 a year -- are carrying out the due diligence work for an upcoming corporate acquisition financed by a major U.K. bank. But there is a silver lining, says Bodine:
"The smart US law firms will link up with the Indian-based legal providers and pass along the savings to their corporate customers. The will be able to use to market and differentiate themselves. They also won’t have to hire so many $125,000 associates."
Posted by Robert J. Ambrogi on April 14, 2006 at 10:19 AM | Permalink
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