What is LPO? Explain in detail.
Solution:
LPO is a type of KPO that is specific to legal services, ranging from drafting legal documents, Performing legal research to offering advice.
LPO refers to the practice of a law firm or corporation obtaining legal support services from an outside law firm or legal support services company. LPO is the industry in which in-house legal departments or organizations outsource legal work to such areas where it can be done at less cost.
For example, areas like the US or Europe outsourced legal work to India, where it can be performed at a significantly decreased cost. LPO is a high-end industry that has been growing rapidly in recent Years.
Legal outsourcing has gained tremendous ground in the past few years in India. It achieved Success by producing services such as document review, legal research, and writing, drafting of briefings, etc.
