Copyright (c) 2009 Jack Lesley Jr
LPO is the hot new trend in the legal field that allows law firms and
corporations to obtain operational support and services from outside
providers rather than internally. This process has demonstrated huge
growth in the past few years within the United States and the UK, and
offers a unique path for companies to get the services that they need,
including document review, legal research, patent services, and drafting of pleadings and legal briefs.
Countries like India and the Philippines have proven to be very successful in this area, offering their services to anyone who needs them. The main purpose of legal process outsourcing is to cut costs dramatically and have the same quality of work done for less money. So far, it has been a successful endeavor.
What is the future like for LPO? As of July 2009, some of the largest
firms in the world are using LPO services to handle their legal needs,
but will it hold up? The services offered are very effective and
affordable, but what will happen in the years to come? Specifically
speaking, the trends for 2010 and beyond in the legal process outsourcing
industry are of a key interest. Attorneys and law firms within the U.S.
and other major markets often charge $150 -$350 an hour for services
like the ones offered by outsourcing entities, which can do the same
work at a fraction of the cost. As such, it is estimated that LPO will
continue the massive growth, even through the current recession.
The work done by outsourcing services in the legal field is mostly work
that is time-consuming and chore-like for the U.S. and UK based firms
that seek out these overseas services. Legal process outsourcing providers have the advantage of providing a broad spectrum of services and being exposed to new theories, the best practices,
and the latest laws and defenses available because of the work that
they do.
Some of the services offered by LPO companies include:
1. Case management, which includes the collection and review of documents, along with providing answers to client questions
2. Legal research, which is time-consuming and laborious for U.S. firms to handle on their own
3. Medical records reviews
4. Billing management
5. Patent services
6. Contract management
7. Expert witness services, including those who serve as witnesses and
consultants in various matters and who can provide reports and expert
testimony in Federal and State court trials and legal proceedings
Many other tasks that are time consuming and expensive to have done at
home are also assigned to these LPO services on a firm-by-firm basis. In
some cases, there are limitless possibilities as to what work these
companies can provide to law firms and corporations.
Legal process outsourcing is not without its flaws and critics. One of
the biggest points of concern for many is the potential confidentiality
breaches that can take place. People who are performing these services
overseas may or may not be bound to the same ethical standards and code
that U.S. and UK based lawyers
are subject to, which can cause conflicts of interest. The American Bar
Association recently offered its own ethics opinions that laid down a
framework that would allow for ethical LPO services across the country
and around the world.
While confidentiality is a major concern, it?s going to be a matter of
choosing the lesser of two evils in many cases. This might be taking
valuable work away from the country?s own lawyers and legal advisors, and it could potentially cause a conflict of interest within the ethics and confidentiality area. However, legal process outsourcing
provides many law firms a way to get the services that they need at
rates that they can afford, which is often a critical issue in these
tumultuous economic times.
The work is cheap, which is why many firms choose this method for their
legal needs. The steadily decreasing rates of LPO services in India are a
large area of concern, because the quality and value of the services
might be in jeopardy if the rates become too low. When the world
revolves around getting what is paid for, how can anyone expect quality
services when they?re paying next to nothing? Many people claim that
they know quality when they see it, but many others feel that talents
should reach farther than legal skills and provide U.S. specific and
client/service/project specific training.
This service gained its popularity because it was affordable. When clients can get rates of $20 to $50 per hour for various legal services,
rather than paying five times that with U.S.-based services, what is
there to lose? Over the next few years, the LPO industry is projected to
grow exponentially, allowing people to find everything they need
outside their own country at a much reduced cost factor.
The legal process outsourcing industry has driven a revenue growth of
495% in 2009 alone. In response to increasing legal demands such as
foreclosures and bankruptcies, the industry has been a popular choice
for many in recent times. Forrester Research, which is an independent
market research and technology company,
forecasts that the LPO industry will create more than 79,000 jobs by
2015, all around the world.
A small number of U.S. Census Bureaus also
estimated that more than $184 billion in revenue generated by the legal services industry in the U.S. would generate more growth and job creation for legal process outsourcing services and providers.
Another independent market research firm, ValueNotes, estimates that LPO
revenues will grow from a projected $640 million in 2010 to more than
$4 billion by 2015, which is a big jump in revenues for this fairly new
industry. Like many other types of outsourcing that have been practiced
by U.S. companies for decades, the LPO industry simply works by taking
the ?chore work? that legal firms and services have and sending it to
providers that can do it for a much more affordable rate, and still
provide the same high quality service and confidentiality that is needed
in handling legal paperwork and proceedings.
It seems, due to the current research and projected forecasts, that the estimated trends for legal process outsourcing
are quite good. The industry has grown nearly 500% in revenues in 2009
alone, and is projected to be an industry worth well over $4 billion by
the year 2015. In a time when everything needs to be affordable, many
law firms are looking to hand these various services off to someone who
can do them properly, but for much less than professional services
offered in the U.S. or the UK.
It is a race to see which firms can perform tasks faster, smarter, and
better than others. Law firms are essentially handing off the tedious,
chore-like work to services that can perform the work properly and
affordably, while maintaining their own abilities to focus on their
clients and other more important aspects of their legal firm or
corporation. Considering all the new services being developed and the
increased popularity of this type of service acquisition, it appears
that legal process outsourcing has a very promising outlook for the next five years at least.
http://dvdlcdtv.com/estimated-trends-in-legal-process-outsourcing-lpo-for-2010-and-beyond.html
Ankit Rawal
Avail Chapter 13 bankruptcy plan to save your home by massachusetts on Thursday, September 22nd, 2011
Each one of us wants to lead a debt free life but most of the times
that is not possible because of increasing number of people using credit
cards, shopping around for the latest technologies and in the process
spending on anything and everything as if there is no end. Under such a
scenario if there is sudden change in ones financial circumstance or
some major crisis strikes the individual, the repercussion falls
directly on the financial stature of the individual. Gradually the
amount of debt increases and the person does not have any option other
than filing for bankruptcy process to free him of excessive debt. One
can file chapter 7 bankruptcy petitions or opt for chapter 13 bankruptcy
payment.
Chapter 7 Bankruptcy Petition: A person filing for chapter 7 bankruptcy petition in the court will be absolved of all his debts once all his assets are turned over to a trustee who in turn sells off all the assets to distribute the amount between creditors. The creditors cannot come back to the debtor for further claims once the trustee has allocated a percentage of the proceeds of the person.
Chapter 13 Bankruptcy Petition: When a person files a petition in the court for chapter 13 bankruptcy, it requires him to chalk out a plan of action first and then disclose how he is planning to pay off his debts as per the rules under chapter 13 bankruptcy payment. The person can repay his debt from his income for a maximum period of 5 years but firstly the creditors, trustee and the court will have to agree to the schedule of repayment. Filing for chapter 13 bankruptcy stopped foreclosure hence enabling you to save your home. Many people opt for chapter 13 bankruptcy foreclosure plan as that helps them to retain their home, car or any other important asset.
However, before filing for the bankruptcy process one needs to be enlightened about certain facts so that hidden clauses do not come as surprises and the person is fully aware about his petition and the pros and cons attached with it. Let’s take a look at a few of the facts while filing personal bankruptcy.
When a person is allowed to file for personal bankruptcy under chapter 7 bankruptcy law, he will need to liquidate his assets to a trustee. However, in certain countries they may be allowed to keep certain property which is necessary for their survival. Property such as furniture, clothes, vehicles, a home, medical and dental necessities and in some cases insurance as well.
An individual can opt for chapter 7 bankruptcy petition for the next six years from the date of the first petition. In the case of filing chapter 13 bankruptcy payment, one can do it many times and at any point in time.
There are certain fees levied to individuals when they decide to file for bankruptcy. For chapter 7 bankruptcy filing fees is normally around 0 while for chapter 13 bankruptcy payment it is 5. The court does not charge higher for joint petitions.
There are certain debts which cannot be waived off as a part of the bankruptcy filing procedure. These include mortgages, loans acquired through fraudulent means, student loans, alimony and child support, taxes, large purchases of around more than 0 within 90 days of filing petition cash advances of around 5 within 70 days of filing bankruptcy and so on.
Attending the 341 court meeting where all the creditors gather to hear your case is a must. This meeting takes place normally after a month of filing the petition.
Summary:
Filing for personal bankruptcy leads to a debt free scenario and it also stops creditors from harassing the individual under financial crisis. The trustee takes care of all your repayments after liquidating your non-exempt assets and hence, all you need to be careful of is the technical nuances of the legal proceedings which should not include irrelevant details under the bankruptcy process.
Raks Martin is a regular writer on bankruptcyonly.com, a US based portal, which provides detailed information on chapter 7 bankruptcy Information , chapter 13 bankruptcy rules and other bankruptcy related issues.
Raks Martin is a regular writer on bankruptcyonly.com, a US based portal, which provides detailed information on <a rel=”nofollow” onclick=”javascript:_gaq.push(['_trackPageview', '/outgoing/article_exit_link/4324528']);” href=” http://www.bankruptcyonly.com/chapter-7-bankruptcy.php”>chapter 7 bankruptcy Information</a>, <a rel=”nofollow” onclick=”javascript:_gaq.push(['_trackPageview', '/outgoing/article_exit_link/4324528']);” href=” http://www.bankruptcyonly.com/chapter-13-bankruptcy.php”>chapter 13 bankruptcy rules</a> and other bankruptcy related issues.
http://www.divorce-attorney-news.com/massachusetts/filing-for-divorce/avail-chapter-13-bankruptcy-plan-to-save-your-home/
Chapter 7 Bankruptcy Petition: A person filing for chapter 7 bankruptcy petition in the court will be absolved of all his debts once all his assets are turned over to a trustee who in turn sells off all the assets to distribute the amount between creditors. The creditors cannot come back to the debtor for further claims once the trustee has allocated a percentage of the proceeds of the person.
Chapter 13 Bankruptcy Petition: When a person files a petition in the court for chapter 13 bankruptcy, it requires him to chalk out a plan of action first and then disclose how he is planning to pay off his debts as per the rules under chapter 13 bankruptcy payment. The person can repay his debt from his income for a maximum period of 5 years but firstly the creditors, trustee and the court will have to agree to the schedule of repayment. Filing for chapter 13 bankruptcy stopped foreclosure hence enabling you to save your home. Many people opt for chapter 13 bankruptcy foreclosure plan as that helps them to retain their home, car or any other important asset.
However, before filing for the bankruptcy process one needs to be enlightened about certain facts so that hidden clauses do not come as surprises and the person is fully aware about his petition and the pros and cons attached with it. Let’s take a look at a few of the facts while filing personal bankruptcy.
When a person is allowed to file for personal bankruptcy under chapter 7 bankruptcy law, he will need to liquidate his assets to a trustee. However, in certain countries they may be allowed to keep certain property which is necessary for their survival. Property such as furniture, clothes, vehicles, a home, medical and dental necessities and in some cases insurance as well.
An individual can opt for chapter 7 bankruptcy petition for the next six years from the date of the first petition. In the case of filing chapter 13 bankruptcy payment, one can do it many times and at any point in time.
There are certain fees levied to individuals when they decide to file for bankruptcy. For chapter 7 bankruptcy filing fees is normally around 0 while for chapter 13 bankruptcy payment it is 5. The court does not charge higher for joint petitions.
There are certain debts which cannot be waived off as a part of the bankruptcy filing procedure. These include mortgages, loans acquired through fraudulent means, student loans, alimony and child support, taxes, large purchases of around more than 0 within 90 days of filing petition cash advances of around 5 within 70 days of filing bankruptcy and so on.
Attending the 341 court meeting where all the creditors gather to hear your case is a must. This meeting takes place normally after a month of filing the petition.
Summary:
Filing for personal bankruptcy leads to a debt free scenario and it also stops creditors from harassing the individual under financial crisis. The trustee takes care of all your repayments after liquidating your non-exempt assets and hence, all you need to be careful of is the technical nuances of the legal proceedings which should not include irrelevant details under the bankruptcy process.
Raks Martin is a regular writer on bankruptcyonly.com, a US based portal, which provides detailed information on chapter 7 bankruptcy Information , chapter 13 bankruptcy rules and other bankruptcy related issues.
Raks Martin is a regular writer on bankruptcyonly.com, a US based portal, which provides detailed information on <a rel=”nofollow” onclick=”javascript:_gaq.push(['_trackPageview', '/outgoing/article_exit_link/4324528']);” href=” http://www.bankruptcyonly.com/chapter-7-bankruptcy.php”>chapter 7 bankruptcy Information</a>, <a rel=”nofollow” onclick=”javascript:_gaq.push(['_trackPageview', '/outgoing/article_exit_link/4324528']);” href=” http://www.bankruptcyonly.com/chapter-13-bankruptcy.php”>chapter 13 bankruptcy rules</a> and other bankruptcy related issues.
http://www.divorce-attorney-news.com/massachusetts/filing-for-divorce/avail-chapter-13-bankruptcy-plan-to-save-your-home/
Exactly what you need to be familiar with litigation.September 5, 2011 by Kris
Litigation is the act or steps involved in getting or contesting a
legal activity to court. We have to create a review of the routines for
anybody that happen to be unclear about the operation of litigation.
Quite simply Litigation will be the disputation or even conflict before a court or perhaps a lawsuit
.Each time a negotiation as well as agreement is unable to be reached the dispute could eventually be heard and decided using a judge and jury in a courtroom environment.
Litigation is a opportinity for manufacturers and people to settle an array of disputes as a result of an assortment of factual circumstances.
There are numerous sets of situations that can be solved with for example Banking, finance and mortgage litigation, Commercial disputes,professional negligence and injunctions.
Banking and finance litigation may be a significant a natural part of many solicitor firms, who can act for the banking and finance groups on concerns concerning guarantee, business banking and invoice discounting and factoring recovery work.
Firms and folks might be advised in relation to their liability to banks and companies associated with loaning money which includes dwelling loans etc.
Business oriented quarrels really are yet another area that solicitors manage on a regular basis.
arewell geared up for dealing with predicaments that become complex factually, legally and will without a doubt involve a large variety of documents.
Most firms will offer services aimed at solutions and should happily recommend alternate dispute resolution such as mediation whenever possible. However some disputes simply cannot be resolved without a court decision in these circumstances
Most suppliers should have a robust record of trial success in high as well as county court.
Throughout the process of dispute resolution either through negotiation or litigation you need to make sure that you then become frequently well informed of the current situation.
Professional negligence is another very hot spot for litigation. Virtually all lawyers organizations will operate for individuals and businesses claiming negligence against professionals. Notably Solicitors, surveyors and accountants.
For instance if Your money specialist neglected to give proper advice on the risks of an investment decision which led to a loss or you received inappropriate tax information which led to a loss of cash.For those who have a claim made towards you ,a solicitors firm will be able to assist and advise you on which things to do.
Claims might be followed to court but are in the end the suitable resolution involves possible settlement deal in early development and remaining outside of the courtroom.
Injunctions usually are another style of litigation provided by solicitors, People today ordinarily associate them with restraining orders which happens to be essentially correct.
There are several features to the service. For example if you are a recipient of a extremely violent felony or possibly have been bothered by a significant other.
This is when you can aquire a court injunction to protect from this unique behavior. You can even obtain non-molestation injunction to prohibit a man or woman from being verbally or psychologically threatening towards you.
Preferably this has offered an insight straight into litigation services. I like to recommend doing a search online for local solicitors to search out relevant services within driving distance.
Making use of search engines a simple search for solicitor Salisbury or solicitor Andover provides me with a broad overview of solicitor services within the south of England near to where I live.
I recommend very similar activity based on your own local area using solicitors, such as solicitors Salisbury orterms and solutions you need such as litigation Salisbury for myself or any other service related words .
http://internetincomesecretsrevealed.com/?p=3162
Quite simply Litigation will be the disputation or even conflict before a court or perhaps a lawsuit
.Each time a negotiation as well as agreement is unable to be reached the dispute could eventually be heard and decided using a judge and jury in a courtroom environment.
Litigation is a opportinity for manufacturers and people to settle an array of disputes as a result of an assortment of factual circumstances.
There are numerous sets of situations that can be solved with for example Banking, finance and mortgage litigation, Commercial disputes,professional negligence and injunctions.
Banking and finance litigation may be a significant a natural part of many solicitor firms, who can act for the banking and finance groups on concerns concerning guarantee, business banking and invoice discounting and factoring recovery work.
Firms and folks might be advised in relation to their liability to banks and companies associated with loaning money which includes dwelling loans etc.
Business oriented quarrels really are yet another area that solicitors manage on a regular basis.
arewell geared up for dealing with predicaments that become complex factually, legally and will without a doubt involve a large variety of documents.
Most firms will offer services aimed at solutions and should happily recommend alternate dispute resolution such as mediation whenever possible. However some disputes simply cannot be resolved without a court decision in these circumstances
Most suppliers should have a robust record of trial success in high as well as county court.
Throughout the process of dispute resolution either through negotiation or litigation you need to make sure that you then become frequently well informed of the current situation.
Professional negligence is another very hot spot for litigation. Virtually all lawyers organizations will operate for individuals and businesses claiming negligence against professionals. Notably Solicitors, surveyors and accountants.
For instance if Your money specialist neglected to give proper advice on the risks of an investment decision which led to a loss or you received inappropriate tax information which led to a loss of cash.For those who have a claim made towards you ,a solicitors firm will be able to assist and advise you on which things to do.
Claims might be followed to court but are in the end the suitable resolution involves possible settlement deal in early development and remaining outside of the courtroom.
Injunctions usually are another style of litigation provided by solicitors, People today ordinarily associate them with restraining orders which happens to be essentially correct.
There are several features to the service. For example if you are a recipient of a extremely violent felony or possibly have been bothered by a significant other.
This is when you can aquire a court injunction to protect from this unique behavior. You can even obtain non-molestation injunction to prohibit a man or woman from being verbally or psychologically threatening towards you.
Preferably this has offered an insight straight into litigation services. I like to recommend doing a search online for local solicitors to search out relevant services within driving distance.
Making use of search engines a simple search for solicitor Salisbury or solicitor Andover provides me with a broad overview of solicitor services within the south of England near to where I live.
I recommend very similar activity based on your own local area using solicitors, such as solicitors Salisbury orterms and solutions you need such as litigation Salisbury for myself or any other service related words .
http://internetincomesecretsrevealed.com/?p=3162
Offshore Outsourcing -- September 5, 2011
Offshore outsourcing implies outsourcing your work to a person who is away from your coast. The concept of offshore outsourcing is that the consumer and producer of the will be in two different countries.
You can exploit the vast resources in the developed countries with the help of offshore outsourcing. This is the major reason for the attraction of organizations towards this service.
Developing countries attracts the developed countries by providing excellent services which are inexpensive. The cost of manpower, quality of the service and infrastructure forms the major factor that attracts the country as an offshore outsourcing resource site. Business environment and laws in the source location also forms a major factor in the selection criteria of the resource country.
Offshore outsourcing includes knowledge process outsourcing (KPO), business process outsourcing (BPO), legal process outsourcing (LPO), offshore software outsourcing etc. Outsourcing to the developing countries like India, Nepal and
China are found to be beneficial to the industries all over the world.
Lack of capital to set up the infrastructure forms the major reason for
the developing countries to sign for the outsourcing process. Developing countries have enough human resource but lack capital.
The offshore organizations hire their own professional and man resources to the outsource provider. The offshore outsourcing also helps in laying the organization roots in the foreign countries.
The offshore outsourcing increases the competitive spirit among the business organizations. This also increases the profit of the organization by inputting a less resource. The organizations that provide the service are known as the clients and the one who accept the service is known as the vendors or service providers.
Large numbers of organizations are now coming forward for offshore outsourcing to increase the organizational advantage. Every firm irrespective of their size takes on various business activities to reach in the committed target. Business firm cease the process when the output they receive from the service is not satisfactory. They may also sometimes contact with other entities.
http://informeveryone.com/business/outsourcing/offshore-outsourcing/
You can exploit the vast resources in the developed countries with the help of offshore outsourcing. This is the major reason for the attraction of organizations towards this service.
Developing countries attracts the developed countries by providing excellent services which are inexpensive. The cost of manpower, quality of the service and infrastructure forms the major factor that attracts the country as an offshore outsourcing resource site. Business environment and laws in the source location also forms a major factor in the selection criteria of the resource country.
The offshore organizations hire their own professional and man resources to the outsource provider. The offshore outsourcing also helps in laying the organization roots in the foreign countries.
The offshore outsourcing increases the competitive spirit among the business organizations. This also increases the profit of the organization by inputting a less resource. The organizations that provide the service are known as the clients and the one who accept the service is known as the vendors or service providers.
Large numbers of organizations are now coming forward for offshore outsourcing to increase the organizational advantage. Every firm irrespective of their size takes on various business activities to reach in the committed target. Business firm cease the process when the output they receive from the service is not satisfactory. They may also sometimes contact with other entities.
http://informeveryone.com/business/outsourcing/offshore-outsourcing/
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