11/20/07

Lawyer Writer News Flash: Indian Lawyer Outsourcing Co Owned By Americans

Over at Backstreet Lawyer this morning, I posted on Nikki Finke's reporting that several Hollywood Big Kahuna Companies are outsourcing their transactional legal needs over to an Indian company. Legal research, drafting contracts, things like that ....

I've included a link to an Indian blogger who's watching this Indian growth industry -- apparently, they're very excited about it.

Here's the thing that gets me: the Indian outsourcing company is owned by a Manhattan company that, in turn, is funded by Cisco Systems, Goldman Sachs, Merrill Lynch and Barclay's Capital.

Wow.

I don't know how many lawyers are truly aware of this development -- we've heard of outsourcing, sure. It's mentioned in hushed tones. I don't know how many attorneys are aware that American companies are actually funding the outsourcing, though.
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