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1. What is Legal Process Outsourcing?
Legal Process Outsourcing (LPO) is the industry where in-house legal departments or organizations outsource legal work from areas where it is costly to perform, like the U.S. or Europe to places where it can be done at a significantly lower cost, primarily India.
2. How big is the LPO industry?
The market of LPOs is booming. The global market for legal services stands at $250 billion. The global LPO market is likely to grow to between $200-250 billion by 2010.
In India, the value of the LPO industry is estimated at $145 million per year. This industry is likely to generate over 80,000 jobs in the next eight years. By 2010, India is likely to achieve a significant growth by doubling its share to 6-7% in the $250-billion global LPO market.
3. What are the employment opportunities available in the LPO industry?
The legal profession is witnessing a major shift with legal professionals focusing on legal outsourcing as an alternate career as compared to the traditional way of practicing law. Presently, there are just 700 Indian lawyers who are working in the various LPOs throughout the country. The value of legal outsourcing to India is expected to reach $4 billion by 2015.
Also, a young legal professional may find a career with an LPO attractive as it is a sunrise industry which will experience a boom in the next 3-5 years. It serves as a learning opportunity for people who are considering legal and paralegal careers in the U.K. or the U.S.
4. What are my opportunities for growth in the LPO field?
Legal professionals who have got exposure to all kinds of laws and legal environment in foreign countries, possess technical skills and have exposure to corporate work culture are a big asset in the LPO industry. There are several high-end opportunities that exist for graduates of top law schools.
5. What are the jobs available in the LPO Industry?
6. What are the salaries offered in this field?
In India, the salary depends on the kind of experience and training possessed by a person or a legal professional. For a fresher with training, it starts from Rs. 15,000 onwards. However, for experienced attorneys it can be as high as Rs. 70,000 for quality check, high level legal writing and research.
A fresh Indian law graduate can be employed for Rs. 25,000 ($555) per month while his U.S. counterpart can earn at least $5,000 per month for the same work or position.
7. Why do I require training to work within the LPO Industry?
Training is required to enhance job efficiency. Training enables you to enhance your skills in the following areas:
- Team Work
- People Skills
- Communication Skills
- Innovativeness
- Problem Solving and Conflict Management
8. What does the TWB LPO training offer?
TWB gives you the opportunity to grow within the industry. It equips you with the skills and knowledge required to grow in the LPO industry. TWB’s quality training will help you to become more effective and efficient in your work.
9. Why should I choose TWB?
TWB’s popularity as a training institute has been growing. TWB’s training will give you the edge you require to enhance your opportunities for growth within the industry. TWB’s constant interaction with legal professionals enables it to provide hands-on and relevant training in the field. The training programs offered by TWB are comprehensive and practical. Knowledge imparted during these training sessions can be applied in everyday situations.
10. What is the minimum educational qualification I require to attend this training?
This program can be undertaken by anyone who has completed the Pre-University certification level.
11. I am currently employed. Will I have the option of attending the program during the weekend?
Yes. We have scheduled programs for the convenience of those who are currently employed and need to continue with their employment.
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