Globalization of Legal Process Outsourcing (LPO)

1. Globalization of Legal Process Outsourcing (LPO) The term "Globalization" means the interdependence of the world's economies, technology, trade, business etc. Globalization has changed the entities which were associated with a single country in the past to one which operate in the global market. Recently, the effect of Globalization can be seen on the legal sector because of the advancement of technology. The scope of legal services was traditionally restricted within the nations but now the legal services are being transferred from one nation to another with the assurance of complete data privacy. In India, the growth of Legal Process Outsourcing is taking momentum with most of the developed countries turning towards India for the legal services because of the talented pool of lawyers India has and for the cost cutting purpose. Attorneys in legal markets like United States and Europe charge a lot as compared to the outsourced attorneys. In the present era, Globalization has become the norm and while geographical boundaries are shrinking day by day, the exponential development of the technology ensures the evolvement of business to the next level.