Why choose LPO over in-house teams?

Why choose LPO over in-house teams?

Legal outsourcing, also known as Legal Process Outsourcing (LPO) is a process by which in-house legal departments, law firms, and other organizations outsource legal work from geographic areas where it is costly to perform through in-house counsels, especially in countries such as the USA, to where it can be performed at a significantly decreased cost, primarily India. The ultimate goal is to maximize output, efficiency, and convenience.

Legal Process Outsourcing (LPO) is a sector that provides businesses with the opportunity to outsource ordinary legal tasks. Reputable LPO companies have a task force made up of intelligent, skilled, and experienced paralegals and attorneys with a thorough understanding of working in the legal field and practicing law. The main objective of working with an LPO service provider is to increase output while controlling function costs. For legal organizations that struggle to maintain the cost of factors related to the legal industry, legal process outsourcing offers a huge benefit.

Why choose LPO over in-house teams?

Why should you select an external team over an internal legal department is a constant question that keeps potential clients on their toes. By using LPO, you can save time and money that could be better spent on different crucial areas of your company's operations.

Several sizeable law firms currently delegate work to smaller law firms in various geographical locations. There are certainly drawbacks to this arrangement, such as a lack of common language, different time zones, etc. However, the rapidly expanding LPOs are operating in a way that overcomes these difficulties by producing high-caliber outcomes.

What are the various factors involved in outsourcing legal processes?

India is slowly emerging as a prominent player in the legal process outsourcing market. India's legal system is far more similar to those of developed nations like the US, the UK, Canada, and Europe. The Indian lawyers and attorneys are well-versed with diversified laws, tech-savvy, and have a strong command of the English language. The following are the main factors that influence legal process outsourcing in India:

Time zone advantages

Thorough knowledge of common law principles

Indian lawyers having UK or US credentials

Lawyers who speak English are readily available.

Round-the-clock availability

Quick turnaround time and work that is quality-driven

As a result of these contributing and positive factors, an increasing number of LPOs are being built in India, a nation that guarantees talent, expertise, and high-caliber work in legal process outsourcing. A considerable part of the Indian legal workforce who wants to pursue a legal career away from traditional court practice is joining the outsourcing industry to bring their law expertise into practice in the comfort of a desk job.