Legal Process Outsourcing (LPO) as the part of Knowledge Processes Outsourcing (KPO)

Legal process outsourcing comes under in a broader framework of knowledge process outsourcing (KPO). A KPO process involves intellectual and analytical skills, besides command on a specific skill set and backed by language eloquence.

In generality, a KPO process would include any of the tasks as listed hereunder:

• Patent Drafting, Mapping and Licensing, Intellectual Property Rights Processing.
• Legal Process servicing, which involves critical research and analysis of research reports, legal support for corporate.
• Medicine and health care
• Engineering and construction sector
• Banking, Financial Services and Insurance Sector (BFSI)
• Human Resource and Development
• Pharmaceutical ands Allied Medicine Sector
• Animation and Media Services
• Publishing

The primary reason of out bursting of KPO in India is easy supply of qualified and experienced manpower. And furthermore, since western (US and UK) legal system is almost similar to India Law, it becomes easy to transform the processes almost instantaneously without causing any perpetual delays. Moreover, availability of skilled labor at cheaper costs and high quality work performance has yielded in development of LPO as a prolific emerging sector under the realm of KPO. Furthermore, the projected developmental statistics of KPO is also the result of faster time deliveries and adherence to strict time schedules.

Promiscuous Risk Management Factors

Listed below are some of the promiscuous risk management factors:

• The Company and the Vendors should adhere to all the company laws and policies.
• Before outsourcing the work, it is essential that all the credentials of the outsourcing company are thoroughly checked and verified.
• Check across that vendor outsourcing the project has genuine international certification such as ISO or CMM or Six Sigma Certifications.
• The outsourcing company should always keep the contingency plan ready for action.
•  The expectations of the outsourcing company as well as the service provider should match and in alignment.