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Follow on Google News | TechNavio Announces the Publication of its Report – Legal Process Outsourcing Market in IndiaTechNavio today published its report Legal Process Outsourcing Market in India 2010–2014. The report aims to aid decision-makers’ understanding of the significant trends impacting this market.
By: Ludmila Berkesova According to the report, the Government of India has recognized the potential of LPO in the economic development of the country. The pace at which the LPO market in India is growing, and the ability to sustain growth has made the Government aware of the immense employment opportunities. Hence, the Government has taken remarkable measures in the liberation and deregulation of policies, such as reducing licensing requirements, accessible foreign technologies, removal of restriction on investments, and promoting outsourcing through foreign direct investment in 100 percent equity of firms in LPO. The rapid growth and increasing number of law firms has made LPO a lucrative career for lawyers. The report also discusses that the key challenges faced by the LPO market in India are the need to improve quality, further investment in LPO infrastructure, and a higher level of control. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players. TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit www.technavio.com. Follow us on Twitter @Technavio Media Contact: Ludmila Berkesova Program Manager Technavio 8 Wimpole Street W1G 9SP London UK Tel: 0044 207 637 2456 Fax: 0044 845 280 2825 ludmila@technavio.com http://www.technavio.com # # # Our unique services allow you to distribute releases to search engines, newswires and websites to help increase awareness of your product, company, or self for free. For a small fee, you can upgrade your submission for maximum exposure. End
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