The concept of Globalization along with the Internet and its technologies have together won over the barriers of distances and today business processes are being outsourced and offshored with great success by different industries especially from the medical, legal and general business and IT sectors. Most of the offshoring is done to Asian locations especially to India, China, and the Philippines. Of these the most preferred destination for legal transcription and legal outsourcing is India.
There are many reasons for outsourcing of various legal/paralegal processes including legal transcription but the foremost off course is the immediate reduction in the expenditure involved and the possibility of increased savings and profit. The total global market for offshore IT, BPO, KPO is said to be about 300 billion US dollars.
India has been a leader in the IT sector and also in the BPO sector and this includes offshoring of projects in data entry,data processing, medical transcription, call center outsourcing, etc. The different varieties of specialized legal transcription being off shored to India include,
- Dictation transcription
- Court proceedings transcription
- Trial transcription
- Verbatim transcription
- Legal letter transcription
- General correspondence transcription
- Wire tap transcription
Off late beyond just legal transcription the world is to see a boom in offshore outsourcing of many other higher legal processes like legal research, document review e-discovery etc. The focus for all such legal outsourcing and legal transcription outsourcing /offsho0ring is indeed India because of its many advantageous positions like,
- English educated population
- English common law
- Professionally qualified pool of lawyers
- Low labor /wages
- Advantageous time difference
- Use of best technologies
- High security for documents
Managed Outsource Solutions is a US based company that offers affordable offshore services in legal transcription, legal coding, legal scoping, legal research, legal documentation, legal animation, legal web design and litigation support services to clients in the US, Canada the UK and Australia.