Friday, April 27, 2012

Power your Practice with the Extended Arm Legal Process Outsourcing!!!

Legal Process Outsourcing is not a “fly-by-night” trend, it is a growing industry. Law firms and legal professional are considering its benefits as an alternative resources model to their traditional services. There are plethoras of opportunities which get available to legal professional to grow their practice and efficiency, when they opt for Outsourcing.

Outsourcing of legal and paralegal services means competitive advantage to the practice. It gives more time to concentrate on supervision, appearing in the court, negotiations, etc. which was getting hampered earlier because a lot of time was getting spent on the tedious and repetitive tasks.

On legal outsourcing the Worldwide spending has been estimated to be around $20 BN that means the Compound Annual Growth Rate of 8.1% (CAGR).

The growth of Legal Process Outsourcing space has been constant since the time it has started in the early 90s. Many big deals have been signed up between the UK law firms and Indian LPOs. The industry is enjoying recordable growth and very quickly expanding acceptance. The growth will be strong in the coming years as the massive promise of the industry has not gone unobserved.

The concept of LPO has reached at that stage where the services like Contract Outsourcing Solutions, Legal Research, Legal Transcription along with several Paralegal Services are getting outsourced  to India from the UK. It helps them saving their cost along with access to highly skilled professionals in India.

About Draft n Craft:
Established in 2008, Draft n Craft is a Legal Process Outsourcing Company with strong and dedicated work force of professionals. Having established a brilliant track record, Draft n Craft has been partners of growth to many of the law firms and corporations in the UK and US. Draft n Craft's supreme focus has always been on helping Attorneys deliver the best value to their clients by working on process and technology optimization, and by devising ways to rationalize client's operational spending.