From correspondents in Maharashtra, India, 11:48 AM IST

LEX Outsourcing, the global leader in LPO (legal Process Outsourcing) that merged in January 16, 2008 with ATI Avocats is now a division of a top-tier full serviced India law firm LEX Nexus (effective from September 12, 2008).

Suhail Farooqui as Managing Partner of LEX Outsourcing oversees client care and business development. LEX Outsorcing provide wide spectrum of services including Legal research, contract drafting, litigation support services, business formation, corporate law, intellectual property also providing services with regards to non-legal including legal data entry, transcription, legal billing.

LEX Outsourcing also introduced legal service on Indian law at the lowest possible rates much lower than the charges of an individual practitioner. The legal service includes transactional and non-transactional work at a fixed fee of USD 40 per hour + Disbursements on actual. The legal service is controlled and managed directly by the law firm under supervision of a solicitor and/or advocate being a partner of the law firm.

Non-transactional work (Dispute resolution) includes civil and commercial litigation in India, domestic and international arbitration touching Indian laws.

Transactional work includes corporate, commercial, projects on oil, gas, shipping, energy, real estate, entertainment, mining, telecommunication, banking, finance, capital market, aviation, transport, insurance, intellectual property rights.

Mr. Suhail Farooqui is strongly of the view that “LPO service should be provided by legal sector alone or managed by qualified lawyers as they understand the industry and requirements of client and I am sure you will not approach a pizza shop, computer or undergarment showroom for lpo or legal service”.

Outsourcing one of key 'ingredient' in formulating overall corporate strategy for many American companies to succeed in today's emerging and highly competitive global marketplace. It is now being considered as one of "must-do" management practices for companies to excel globally. For many companies, it has strengthened their competitive position, predominantly true for companies competing via offering low cost for their products and services. Outsourcing is also defined as delegation of one or more (non-core) business processes to an external supplier, who in turn owns, administers and manages those processes based upon predefined and measurable performance metrics. It is a business decision that is often made to focus on core competences.

Huge cost savings is one of the many motivating factors for a company to consider outsourcing. With prudent use of outsourcing, companies boost their profits by exploiting the wage differential (often termed as 'labor arbitrage') that exists between their domestic market and the offshore country considered for outsourcing. The savings derived can be as high as 60%-85%, net of outsourcing overheads. In addition to this, it also strengthens a company's position to focus on its core business functions. This is because it frees up company's resources (esp. time and money) from performing non-core activities. These freed resources can be used more productively and efficiently in managing core business operations.

LEX Outsourcing web location is at www.lexoutsourcing.com

Source: Press Release Distribution via India PRwire