History bears witness that human beings tend to go tribal in the face of the unknown and find solace in similarity in crisis. However, historically the strongest and unlikeliest alliances are also formed during times of adversity. Some of the strongest military, diplomatic and trade alliances have been formed on the sidelines of the biggest crises that world has seen.
Hence as we see some signs of global economic recovery, it’s not time to adopt a protective economic model that will see short term concentrated pockets of growth at the cost of sustained economic progress. It is not time to lose out on monumental opportunities on account of constraints. It’s time to adapt and thrive.
Legal industry given to its affinity to the financial and commercial world has perennially been cyclical and prone to booms and busts. At a time when leaders of the world are repeatedly getting together in multilateral forums to revamp the global regulatory model; it is incumbent upon the global legal community to get together to set its house in order and put effective processes in place that would help reduce costs while not compromising on quality.
Legal practice with all its variety and flavours has forever been evolving from ‘Mom and Pop’ small time practices to Queen Counsels to Big Ticket Law firms to specialized boutique law firms... so on and so forth. Legal Process Outsourcing is the next and definitive step in this evolution. Legal outsourcing works not because of the vagaries of exchange rates. It works because it allows you to optimally allocate and utilize your resources by putting your best brains on the big ticket items while back office support is efficiently managed.
Globalization is not merely about migration of human labour and capital but it also represents coming together of minds in order to forge a better tomorrow. So, this November we invite you to join some of the finest minds in the legal industry to forge lasting solutions and alliances that serve you and your client’s needs better. Come find out why you should have been part of this evolution all along and why it’s not too late to ride the wave of legal change.
The Global LPO Conference is a wonderful opportunity to introspect and examine your existing business practices, inquire and investigate about business opportunities and initiate alliances that will counter act the cyclical nature of the business. It’s time...
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