All about Me…

Crisis for some, Celebration for others

Posted by vishalsinghal on November 24, 2008

Yes. This is happening right now while you are reading this post after a long time. Whole world is undergoing financial termoil and thus financial crisis taking place all over, especially USA. This is giving rise to legal jobs like mergers, acquisitions, closures etc. But to deal with all this huge man power is required which anyway US firms are cutting down. Thus, quiet a few companies in US have outsourced whole of legal processing job to India and thus it’s celebration time for Indian LPOs (Legal Process Outsourcing) companies. In USA legal jobs cost anywahere between US$ 200-300/ hr. where as in India the same job is done in mere US$ 25 – 30/ hr.

Even after offering 20% discount as a further cost reduction way, companies in India are flourishing and opening up new offices and hiring more employees all over.

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