Thursday, December 10, 2009

New Year, New Trends: Fronterion Ten for 2010

Since the new year is nearly upon us, we are proud to announce the release of Ten For 2010: Top Ten Trends in Legal Outsourcing – an insider’s perspective of changing industry dynamics for the coming year.

The Ten For 2010 trends report highlights a number of changes set to occur in the industry this year. The most notable of these include:

+ India will remain the dominant destination for outsourced legal services, but increasing interest in South Africa will make it India’s leading competitor for legal outsourcing in 2010.

+ The rise of LPO as an attractive alternative career path for legal professionals as pay and prestige increase.

+ Increased transparency around the LPO industry including the possibility of additional ethical guidance from industry bodies such as the American Bar Association.

+ A shift in the role of the lawyer from providing pure legal advice to managing the procuring of a number of different legal functions both within and outside the traditional law firm structure.

As noted in the release, we feel, “The year 2010 will be an exciting and watershed year for outsourced legal services. The economic volatility over the past year has caused legal professionals to step back and genuinely assess how they are providing and procuring legal services for their organizations. In 2010, legal outsourcing will be an increasingly important factor in these decisions.”

More information is available on our website and at www.fronterion.com/TenFor2010

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