Lpo Final Naveen

8/8/2019 Lpo Final Naveen

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Presented by:

Mudit Agarwal (08) Nancy Chawla (42) Naveen Buddeppu (43)Yogendra Singh (46)Jayanta Das (49)Anandita (56)

WHY INDIA SHOULD

BECOME A GLOBAL

HUB IN LEGAL

PROCESS

OUTSOURCING

INDUSTRY ??


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Contents

O utsourcingCategories of O utsourcingO bjective of LP OIndia PerspectiveService O fferingsLPO Im ple m entationPricing ModelsMarket Spending for Legal services

Cross Border BP OSW OT Analysis of LP O IndustryWhy India is a Global Hub?Role of Govern m entRecent News related to LP O


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Co m pany provides itsservices do m esticallywithout any outside contracts

Co m pany uses servicessupplied by its own foreign

based affiliates (subsidiary)

Co m pany uses servicessupplied by another dom estically based co m pany

Co m pany uses servicessupplied by an unaffiliatedforeign based co m pany

Domestic Offshore

In-house

Outsource

Outsourcing: An Essence

Should focuson what does

it do BEST

Process don tDIFFERENTIATEin marketplace

Outsourcing asB usinessStrategy

since 1989


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C ategories of Outsourcing

KPO

Legal PO

EngineeringPO

Research PO

Medical PO

BusinessPO


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OffshoringOffshoring Supply Regions, 2007Supply Regions, 2007

Nearshore:

Easier travelCulturalsimilaritiesTime zone

Offshore:Lower costsTime tomarketResourcesQuality

On site

Irela nd

Ind ia

Current PrioritiesLonger-Term Prospects

Philippi nes

New

Zeala nd

Au stralia

Ce n tral/Easter n Europe

Jamaica

Fiji

Barba d os/Domi n ica n Rep u blic

Gha na

So u th Africa

Chi na

Ma u ritiu s

Thaila nd

Viet nam

Pakista n

Srila nka

Nepal

Malaysia

Sing apore

Ba ng la d esh

Israel

Aspiring Countries

Se n e g alNicara gu a

Spai n

Morocco /Tun isia

Mexico

Ca na d a


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Objective of LPO

LPO aims to bring the outsourcing advantages in form of value addition, cost reduction and time operations to law firms, individual attorneys and corporate legal departments with utmost CREDIBILITY .


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India Perspective

Market tapped so far by existing LPO service providers 3%Current revenues in legal outsourcing estimated to $600 mProjected estimation by 2015 to around $5 b

Potential to create 80,000 jobsCAGR of BPO : 26%

KPO : 44.5%LPO : 60%

India, like the US, is a common-law jurisdiction rooted in theBritish legal traditionAppellate and Supreme Court proceedings in India takes placeexclusively in English

Indian legal opinions are written exclusively in English


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SERVIC ES

LitigationSupportServices Legal

Research &Analysis

E-D iscovery& D ocument

Review

D epositionSummaries

LegalTranscription

ContractD rafting,

Review &Management

LegalD rafting

D ocumentManagement

Services

CorporateD ue D iligence

Services

IP Services

TransferPricing


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LPO -ImplementationC

lient & theirC

ritical Requirement

Transport of Information

C lients in US

Secure Network

E-Mail

Phone Lines

Team in INDIA

Upload the completeProject

Access toInformation /Documents

Toll free

Completion of Project in TAT

RegularPhone Line

Identify PreviligedDocuments


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Process Technology

Building Blocks To Constructing ASuccessful LPO


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LPOC ategorization

Indian Vendor space has over 100 service providersCategorized into 3 groups Captive centers of corporates Third party - Niche service providers (Stand-alone LPOs) Third party - Multiservice providers.


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Expanded Service Models forLPO Vendors


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Pricing Schemes

Pricing for our outsourcing services depend upon various factors like complexity, verticals, volume, duration, etc.

INPUT- B ASED SCHEMESPer Hour B asisManpower B asis

OUTPUT- B ASED SCHEMES

Transaction FeesPay per UnitProject B ased/Flat feeRetainer ship fee


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10,000 520 5,200,000 3,640,000 30% 1,560,000

30,000 $30 900,000 540,000 40% 360,000

1,900,000 100% 1,900,000

40,000 200 8,000,000 4,180,000 48% 3,820,000


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Legal Outsourcing: Scope Of Activities

Paralegal Support:Document Processing,production and management(includes word processing, legal transcription,legal coding, document conversion, keywordand XML tagging and archiving

Legal Support:Drafting and revising contracts/ agreements:E mployee contracts, Non disclosure contracts,licensing and supplier agreements etc are initiallydrafted by trained Indian Lawyers and sent for review to US attorney.

Legal Research: Lawyers sift through large

quantities of data using electronic database and theInternet, to provide focused research to law firmsand attorneys. Legal research is conducted for allsorts of US laws including case and statutory law.

Legal Counsel: O utsourced legal counsel servicesfor an in-house firm (with or without legaldepartment) or a legal firm, encompass most of theareas: Antitrust, bankruptcy, construction, Corporate,Criminal and civil rights etc.

Patent Services:Patent research and analysis : Landscape studies, patent appraisalsand valuation studies, infringement analysis and prior art searching.Patent application drafting: V arious stages of filing of patentapplication (prior art searches, patentability assessment, patentlandscaping, drafting specifications, drawings etc) may be outsourced toan Indian Party.

Patent prosecution: Indian companies are helping US attorneys in thepatent prosecution process, from providing a technical assessment of the prior art cited by a patent examiner to drafting responses to theexaminers objections.


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Ma rket Spending For Leg a l ServicesMa rket Spending For Leg a l Services

KPOC RESEARCHKPOC RESEARCH Country Amount(US $ Billion)

Growth overthe previous ye a r

(%)

Austr a lia 6.9 11.6

Chin a 1.6 7 .0

Fr a nce 18.4 14.0

Ja p a n 1.09 8.0

South Korea

1.61 -3.3

UK 34.2 3.6

USA 166.8 5.6

India 0.64 200.0


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Philippines

(ca pit a lizing on a strongtelecom services b a se)

Ja m a ica

(a nswering the c a llor low cost c a ll centers)

Chin a(Asi a n l a ngu a ge skillsa nd l a rge l a bor pool)

M exico(technic a l la bor b a sefor L a tin Americ a )

Indi a(best mix of bre a dth

a nddepth of l a bor with

strong English l a ngu a geskills a nd 24 x7 support)