Why do large corporations want to outsource their work ?
Is it not easy for them to hire more people and get the work done internally?
Large corporations have regularly been signing up deals with LPO service providers. The following are some examples:
- In 2009, Microsoft engaged with Integreon, one of the larger pure play LPO services providers to provide exclusive e-discovery and document review services. The contract was subsequently extended to include contract review services.
- Also in 2009, Rio Tinto signed up with CPA Global, another large legal services provider, to provide contract review and drafting, legal research, and document review services. The engagement is also geared to expand to additional services.
- Pinsent Masons, a leading UK based law firm, signed up with South Africa based LPO firm, Exigent in 2009 to provide initial data review and e-disclosure services.
- Clifford Chance, a UK based law firm and member of the “Magic Circle”, procures legal support work from its shared services center in Gurgaon, India.
- Nixon Peabody, a Global 100 law firm outsourced its e-discovery review work to Pangea3, an LPO and a part of Thomson Reuters.
Is outsourcing only for the large law firms / corporations ?
Is there any benefit in outsourcing ?
Is there any risk?
What benefit can you derive from outsourcing your work ?
Are you interested to know or learn more ? If so, please contact –
Shobha Srinivas, CEO – Cerebra LPO, Email: firstname.lastname@example.org, Tel: (646) 300 9484
Vishwamurthy, Director – Cerebra LPO, Email: Vishwa@cerebralpo.com, Tel: (646) 380 1851
David Kinnear, COO – Cerebra LPO, Email email@example.com, Tel: (646) 380 1854