Ganesh Srinivasan’s Blog

Even as, law college graduates opt for corporate
jobs, rather than face the struggle of murky politics of a corruption
riddled judiciary, the future seems bright for those in the legal
profession, as a quite different kind of job opportunity opens up for
them in the sunrise ITeS sector of legal service outsourcing segment
(LPO), a part of the global outsourcing trend.

A
recently released research report states, the niche market of legal
outsourcing services grew 50% between 2005-06, and stands poised for
bigger growth. Today, while India has garnered only a small portion of
the global LPO market ($146-million), end-2010 will change that as it
grow into a $640-million sector, also simultaneously seeing jobs shift
north. With currently 7,500-people employed in the LPO sector, the next
three years will see that miniscule number swell to 32,000.

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This entry was posted on Thursday, July 5th, 2007 at 7:08 am and is filed under For Knowledge Exchange. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.