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Growth of LPO in India and Economic Recession14/04/2009 10:40:36
Author : Thomas P J
Email : thomas.pj@cor
plo.com
 Some say the recession in the US legal market is the reason for growth of the Indian LPO market.

Do not blame the recession for growth of the offshore legal support service market. The LPO concept has been hatching long before the recession, when the markets and economies were in full swing. There is no denying that the offshore legal support service market has grown its natural growth and on its own merit and market needs. It would be misplaced notion to even think of forcing the parenthood of the adult Indian LPO market on Recession (adolescent at best) in the US Legal market. It is not. The LPO like any other industry is the creation of "need". The “need” was there, is there and continues... To give it any other shade would amount to nothing short of blissful ignorance.

There is a lot of talk about the US and UK practitioners flocking to Indian LPOs. But what is wrong with it. If there is opportunity in Indian LPOs, why not grab it. It is just sound business strategy.
 
  
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