The real estate sub prime crisis may be bad news for those at home but it’s good news for legal process outsourcing firms (LPOs) in India.
Over burdened with the innumerable numbers of mortgage cases and bankruptcy filings and the paper work they entail, US firms have stepped up outsourcing the work to Indian firms that have proved themselves up to the task. Now, not only are these firms busying themselves with the regular filing, processing and claims tasks they do as a matter of course, but are also undertaking jobs connected to legal analytics, discovery and litigation support, and first-line document drafting.
India has over 200 LPO firms besides its service providers such as Infosys and Wipro to choose from for this. Top of the class are Pangea3, OfficeTiger, Mindcrest , Evalueserve, Integreon, and SDD Global.

Last year, the Indian LPO industry realized business valued at about Rs 630 crore. It is now expected to escalate to about Rs 2,770 crore as the century completes its first decade.
Although many American law firms pick and choose what they send and have been reticent about outsourcing principal jobs to India so far, they now realize that to really bring their costs down and increase their efficiency noticeably they need to entrust the Indian firms with more of their high level and sensitive jobs, too.
So what are Indian LPOs doing about it? They are now increasing the size of their staff, employing more lawyers and are focusing more on their IP portfolios thus augmenting their levels of litigation and infringement.
Mindcrest, for example, has swelled its ranks of lawyers from 200 to 450, and Pangea3 has almost doubled its original number.
Without terming it a setback for our local legal firms, (after all, sad as it may seem, their business is improving and outsourcing is still a viable proposition,) this bodes well for Indian LPO firms.