One of the best things about a weblog is that it gives you proof that you said something first or spotted a trend way back when. In my case, I first blogged about the outsourcing to India trend in this January 2003 post. Now, almost three years later, outsourcing continues to grow. As this article from an Indian newspaper (December 25, 2005) reports:
The revenue from outsourcing of legal services from India is growing every year and is estimated to grow ten times in the next five years from the current level of US dollar 61 million. In a recently released report ‘Offshoring
Legal Services to India’, ValueNotes, a leading provider of
intelligence and research services, estimated that the sector employs
around 1,800 professionals and expects this to grow to 24,000 by 2010.
The increasing interest in offshore services shows that firms are pressured to keep costs low – and that should be good news for us solo and small firm lawyers, because it may open up new opportunities.
Related posts:
- An Idea from India
- Is There An Ethical Obligation toPass On Cost Savingsfrom Outsourcing?
- Outsourcing: It’s Not Just for Biglaw
- Outsourcing for Small Firms
- Can Outsourcing Innovation Make Biglaw Firms Heros?
