Pune, India, 19 May 2009

Although legal services outsourcing has garnered a lot of media attention, there still is a sizeable proportion of the legal community that has not considered outsourcing legal services to lower cost destinations.

Offshoring of legal services to India began way back in 1995 when law firm Bickel & Brewer opened a captive facility in India. The legal services outsourcing industry started to attract significant attention only around 2005. In a matter of just a few years, the industry has grown to reach $225 million in revenues in 2008. However, this is only a very small portion (<5%) of the addressable market. According to the recent survey results, there is a low perceived benefit of outsourcing legal services amongst law firms and (if not addressed) this is likely to stunt the growth of the LPO industry.

Most of the law firms are relatively new in terms of their offshoring initiatives and have not integrated offshoring in their overall strategy. A large number of law firms, irrespective of their size, are apprehensive about sending their legal work to another country. While this does result from lawyers not being convinced about the benefits of offshoring, they also indicate concerns such as data security, client confidentiality and quality of work delivered.

Cost reduction was rated as the primary driver for offshoring legal services. Other significant drivers include client pressure to cut costs by offshoring, increasing workload, time differences and competitors’ decisions to offshore. According to Neeraja Kandala, lead analyst – Legal Services, “There seems to be some awareness about the benefits of offshoring, especially amongst those who offshore. However, for the majority, the drivers do not seem to be strong enough. Obviously, the benefits do not appear to be substantial to help over-ride their concerns.”

Data security and quality of work delivered emerged as the key concerns for law firms. Given the confidential nature of legal documents, it is understandable that law firms have apprehensions on the security aspect.

While several leading and experienced offshore legal service providers take adequate precautions to ensure that there is no data theft, this needs to be communicated to the law firms in a more convincing manner. Further, service providers need to gain the confidence of buyers that a satisfactory end product will be delivered. According to Arun Jethmalani, CEO, ValueNotes, “This is the challenge for the provider community as a whole, but inconsistency in quality between the good and not-so-good providers will remain a problem until sufficient maturity is achieved – both by buyers and sellers.”

The ValueNotes report: “Legal Services Outsourcing: What do Law Firms Think?” provides an understanding of the offshoring awareness, drivers and concerns of US and UK based law firms. The survey throws light on the perceptions towards the associated risks and rewards of outsourcing legal services to low cost destinations.

About ValueNotes

ValueNotes Database is a leading provider of business intelligence and research, with expertise across selected domains and types of customer needs. Working with clients across the globe, we have significant understanding of international markets.

The ValueNotes Outsourcing Practice is one of the largest information providers on the outsourcing industry. The Practice uses a comprehensive, analytical framework providing fresh insights into the fast emerging and yet, complex outsourcing space. We extensively track the space through regular analysis of news and events, continuous primary research and contact with the industry. Additional information is available at www.SourcingNotes.com

ValueNotes Database Private Limited
1, Bhubaneshwar Society, Abhimanshree Road, Pashan, Pune 411 008
Contact: Nandita Harendra or Neeta Joshi
Tel: +91 20 6623 1717 / 1793
Email: bporesearch@valuenotes.biz

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PLR ? How Private Label Rights Help Your Affiliate Marketing Stand Out from the Crowd

Sure we’ve all seen ads for free plr products, but stop and think what is the advantage of using the same material as everyone else? As a friend of mine put it free plr is like unprotected sex, you don’t know what your going to get or who gave it them!

One of the misconceptions of plr products is that it’s only eBooks, oh so wrong! Today’s plr products include articles, videos, audio’s, templates and so much more. You can spend many hours trying to reinvent the wheel but in the end it still will have to be round in order to work, with plr most of the work has been done for you.

There are many people who use plr products to help them grow their Affiliate Marketing business. If you are not using plr than you are missing out on a very powerful tool that will help you grow your Affiliate Marketing business and make money. You need to be using private label rights products in your Affiliate Marketing business or you will be losing out and not making the kind of money that you could.

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Here are a few of the ways that the plr can help you with your Affiliate Marketing business:

  • - You can take the private label rights products and give them away as a bonus for signing up to your newsletter.
  • - You can use them as an incentive for buying another product. In other words, when they buy one product they get the plr product for free.
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These are just a few of the ways that these types of products can help your Affiliate Marketing business. There are so many other ways that you can learn about by doing some research. The more education you get on using private label rights products for your Affiliate Marketing business the more money you will be able to make and the more powerful of a business tool it will become. Watch and learn from other people when it comes to plr. You will be surprised at all of the different ways that you can use these products for your business to help you make money and continuously grow your Affiliate Marketing business. You will be glad you did.

Summary: There are many ways that plr can be a benefit to your Affiliate Marketing business. You need to learn how private label rights can be a very powerful tool for your business so you can start using them today. You will be glad you did when you see the money coming in.

About Author
If you’re looking some slick internet guru, I’m not him. If you go to my Blog it will show you where to find the product I recommend Bobhttp://plrforaffiliatemarketing.blogspot.com/

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