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US crisis: Boom time for law BPOs in India

October 3, 2008

Seeing a silver lining in the ongoing global economic crisis, Indian legal process outsourcing (LPO) firms expect to get more litigation jobs-related projects due to the turmoil in US banking and financial markets.

In the light of the US economic recession and breakdown of established firms like Lehman Brothers, Washington Mutual and Merrill Lynch, LPO firms in the country are gearing up their risk-assessment teams in anticipation of a surge in jobs related to scrutinising of their clients' financial transactions and corporate governance.

Text: PTI

Image: The headquarters of the Lehman Brothers investment bank on Sixth Avenue in New York City | Photograph: Michael Nagle/Getty Images

Also read: How the Wall St tsunami will hit Indian IT stocks
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