/24-7PressRelease/ - MUMBAI, INDIA, July 11, 2007 - The industry employed around 7,500 people in the legal offshoring space in India as of end 2006. The number of employees is expected to reach 32,000 by end 2010.
The study focuses on eight broad segments: Legal transcription, Document review, Litigation support, Legal research, Intellectual Property, Contract related services, Secretarial and Legal publishing services.
The Indian vendor space has over 100 service providers that can be categorized into three groups: Captive centers of corporates, Third party - Niche service providers (Stand-alone LPOs) and Third party - Multiservice providers. Third party vendors dominate the LPO space by employing the majority of the workforce in the sector. However, vendors with niche focus and multi-service providers differ distinctly in terms of service offerings and capability.
According to Arun Jethmalani, CEO, ValueNotes, "While most vendors start by offering lower value services and gradually move up the value chain by demonstrating domain skills and gaining client confidence, there are others who focus on specific high-end services or niches." Adds Neeraja Kandala, analyst and co-author of the report, "High volume services like Document review, eDiscovery, Legal publishing as well as niche areas in Intellectual Property and Contract services will drive future growth in legal services offshoring."
Based on our exhaustive primary research and analysis of this sector, ValueNotes has identified a "List of frontrunners" which includes Evalueserve, Integreon, OfficeTiger, CPA Global, Mindcrest, Pangea3 and Quislex. We have also identified ''Emerging players'' that have potential to emerge as winners within their chosen niches. These include players like LawScribe, New Galexy, SDD Global Solutions, Tusker Group, Aptara, Lason and Quattro BPO.
The ValueNotes report: "Offshoring Legal Services to India: An Update" provides an in-depth information and analysis of the Indian vendor space along with vendor profiles of all major and upcoming players.
The report provides an in-depth analysis of the Indian vendor space along with profiles of all major industry players. The report is designed to help:
Law Firms, Corporations, Lawyers, Legal publishers looking to outsource/offshore
Outsourcing consultants evaluate and compare the offerings of vendors
Offshored Legal service providers to assess their competitive environment
American and European corporations/lawfirms looking for Indian partners
Venture Capital companies looking for investment opportunities
Researchers looking for detailed information on legal services outsourcing
Law Firms will find this report invaluable in understanding the capabilities of vendors, and selecting the best fit.
For more information kindly visit:http://www.bharatbook.com/bookdetail.asp?bookid=11072
Bharat Book Bureau
207, Hermes Atrium,
Sector 11, Plot No.57,
PO Box.54, CBD Belapur,
Navi Mumbai - 400 614, India.
Phone:+91-(022)-2757 8668 / 2757 9438
Fax:+91-(022)-2757 9131
E-mail: info@bharatbook.com
Website:www.bharatbook.com
---
Press release service and press release distribution provided by http://www.24-7pressrelease.com# # #
Read more Press Releases from sunil nair:Other Press Release Headlines:
