2014 Trends for Legal Process Outsourcing by Infosys BPO

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Post on 05-Dec-2014

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In 2014,Legal process outsourcing will be all about strategy, Synergy and simplification-going beyond cost to aid legal departments and law firms in managing todays complex information and compliance landscape

TRANSCRIPT

  • 1. TRENDS 2014 THE LEGAL PROCESS OUTSOURCING COLLECTION MOVING UP THE VALUE CHAIN
  • 2. In 2014, legal process outsourcing will be all about strategy, synergy and simplification going beyond cost to aid legal departments and law firms in managing todays complex information and compliance landscape. TRENDS 2014 THE LEGAL PROCESS OUTSOURCING COLLECTION
  • 3. 2 TRENDS 2014 THE LEGAL PROCESS OUTSOURCING COLLECTION INFORMATION MANAGEMENTINFOCUS New ISO standards may impact technology providers, as eDiscovery moves from gathering data to governing it 1 PREDICTIVE CODING Technology-assisted solutions will streamline the litigation support cycle and reduce manual review cost
  • 4. 43 TRENDS 2014 THE LEGAL PROCESS OUTSOURCING COLLECTION ONE-STOP TECHNOLOGY SHOP Integrated IT-LPO solutions will increase, with centralized contract repositories and automated reporting ALIGNING LEGAL AND PROCUREMENT Adding legal expertise to procurement will improve risk analysis and contract negotiation capabilities
  • 5. 65 TRENDS 2014 THE LEGAL PROCESS OUTSOURCING COLLECTION KEEPING AN EYE ON COMPLIANCE LPO partners will help monitor and track federal and state legislation and regulations in real-time LOCALIZING TECHNOLOGY Compliance tools will be customized to address country-wise and state-wise regulations
  • 6. FIND OUT MORE #LPO InfosysBPO.com/LPOTrends TRENDS 2014 THE LEGAL PROCESS OUTSOURCING COLLECTION WATCH READ VIEW KNOW MORE Video Blog post Infographic Tweet chat

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