| LPO (Legal Process Outsourcing) industry is growing | | | | skills required, and kind of earning opportunity available |
| exponentially and India continues to be the hottest | | | | in the industry. On the other hand, there are several |
| destination for Law Firms, Corporations, and other | | | | benefits for the LPO Companies to be gained through |
| businesses from US, UK, and other European | | | | temp hiring. Some of them include: |
| countries. There are a lot of positives in India’s | | | | Accessing skills that are rarely in demand and/or are |
| favor for these countries to offshore/outsource their | | | | not present in the Company- Through temp hiring, LPO |
| legal work to India. However, India also continues to | | | | Companies can access skills which are not frequently |
| suffer from several challenges which are working | | | | used or not present in the Company. |
| against this phenomenal growth. According to a recent | | | | Hiring for Urgent Support- In case of a pilot project or |
| survey, a majority of professionals believe that LPO is | | | | urgent need of staff due to expansion of an existing |
| a synonym of its predecessor BPO and requires | | | | project, LPO Companies can hire staff on a short term |
| execution of elementary activities which are devoid of | | | | basis to support the needs of their projects. |
| any knowledge and skills. | | | | Hiring Temp staff due to Limited Supply of Skilled |
| Despite reasonable visibility of the LPO (Legal Process | | | | Labor- As expected there could shortage of talented |
| Outsourcing) industry, graduates and professionals | | | | pool in the LPO (Legal Process Outsourcing) sector, |
| continue to be ignorant about the industry and kind of | | | | thus requiring the LPO Companies to take up |
| opportunities it has to offer. Clearly, this means there is | | | | innovative measures to meet the needs of their |
| a lot of skilled talent that is inactive or unavailable for | | | | offshore clients. Temp staffing can help companies to |
| the LPO (Legal Process Outsourcing) industry. | | | | overcome such challenges. |
| Therefore, the LPO Companies in India require not only | | | | Gaining Cost Advantages- In time of recession, it is |
| educating these young pupils and professionals about | | | | important for the LPO Companies to gain as much |
| the industry and its career opportunities, but also | | | | cost advantages as they can to provide better ROI |
| requires them to identify new channels to encourage | | | | (Return on Investments) to their clients. Typically, |
| them take up profession in the LPO (Legal Process | | | | professionals hired through temping cost less to the |
| Outsourcing) industry. | | | | Companies as compared to full time professionals. |
| In light of such a scenario, temporary (temp) staffing | | | | Hence, this leads to a better ROI. |
| can work as a viable option for the companies to | | | | Clearly, there are a lot of core advantages that can |
| meet the demands of growing business by accessing | | | | be gained by the LPO Companies through temp hiring. |
| this inactive pool. Also, temp staffing can work as a | | | | Temping can also work as a tactical tool, much need |
| tool for highlighting the potentials of the LPO (Legal | | | | to persuade young as well as skilled professionals to |
| Process Outsourcing) industry. This includes type of | | | | join the LPO (Legal Process Outsourcing) industry, |
| learning opportunities, career paths, knowledge and | | | | leading to changing the outlook of the industry. |