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News

Mphasis sets up BPO centre - 26 May 2010

Mphasis, an Indian outsourcing firm, is opening a centre in Colombo which will offer legal, finance and accounting services starting with 600 people in the first stage, as a downturn is ending, officials said. The centre will be operational from next year. The office will recruit 600 employees in the first year and expand to 2,000 in three years. Mphasis is the fifth largest BPO operator in India with revenues of 900 million dollars with a market capitalization of 3.2 billion dollars in 2009.

http://www.offshoringtimes.com/Pages/2010/BPO_news2960.html

Lewis Silkin outsources litigation to New Zealand - 24 May 2010

The top 100 firm Lewis Silkin has given high-level sports and employment work to Minter Ellison,the Australian-headquartered firm that is carrying out outsourced work for UK firms. In what could be a first for the outsourcing market, senior litigation partners at Minter Ellison are drafting opinions on rugby disciplinary deals, sponsorship agreements and disputes. Memery Crystal has also begun outsourcing to Minter Ellison for oil and gas-related due diligence

http://www.thelawyer.com/lewis-silkin-outsources-litigation-to-new zealand/1004512.article

Camerons battles backlash from controversial outsourcing deal - 24 May 2010

Since the news of the £600m deal broke, The Lawyer’s online messageboard has been inundated with comments from Camerons’ staff criticising the tie-up. The firm has begun a series of meetings with staff at all levels. It has set up sub-committees of the staff forum to discuss the changes and has started publishing regular newsletter updates. The deal will see a shared service centre set up at Camerons’ London HQ, with a capacity for up to 200 support staff. It will then be made available to other law firms in an agreement similar to that signed last year between Integreon and Osborne Clarke.

http://www.thelawyer.com/camerons-battles-backlash-from-controversial-outsourcing-deal/1004513.article

Pangea3 to hire 300 this fiscal - May 20

Pangea3, a legal process outsourcing (LPO) service provider, said it plans to hire 300 professionals by fiscal-end, as overseas clients look to outsource incremental work pertaining to ‘electronic discovery' services, M&A due diligence and contract drafting. The additional hiring will take the company headcount to 800 by next March. At present, the company has about 430 employees working in Mumbai and about 70 in Delhi NCR. Bulk of the new hiring will take place in Delhi NCR. It plans to shortly complete the roll out of its full suite of services including those of its Corporate and Risk Management & Compliance departments from the new centre.

http://www.thehindubusinessline.com/2010/05/21/stories/2010052153040700.htm

Law Firm Inks $852 Million Outsourcing Deal - May 19, 2010

Legal process outsourcing (LPO) company Integreon has entered into what it describes in a press release as the largest legal outsourcing deal ever, worth $852 million over 10 years, with British law firm CMS Cameron McKenna. The work covered by the agreement -- nonbillable support tasks such as accounting, human resources, marketing, training and information technology -- does not affect lawyers directly.

http://lawyers-law.com/law-firm-inks-852-million-outsourcing-deal/

Indian LPOs set to enter Aussie legal market - 17 May 2010

After US and Japanese markets, home-grown legal process outsourcing (LPO) firms are now gearing up to tap the USD 21-billion Australian legal market. Pegged at USD 21 billion in terms of industry revenue in 2009, the Australian legal market is projected to grow by about 1 per cent year on year.

http://economictimes.indiatimes.com/news/news-by-industry/services/consultancy-/-audit/Indian-LPOs-set-to-enter-Aussie-legal-mkt/articleshow/5940887.cms