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Document Review is a very important part of discovery process in litigation, contracts, mergers and acquisitions. It is a complex and time-consuming process which requires services of trained attorneys and paralegals to review millions of documents. Reviewing documents and sorting them as responsive, non-responsive, privilege, non-privilege, privilege-work product, confidential, hot, etc., needs ability, proficiency and experience. Due to constant increase in litigation, the document review process is increasingly becoming an integral part of every business establishment, incurring almost 2/3 rd of the total cost of litigation. Huge volumes of electronic data are sent by companies to law firms for document review. Any error whether minor or critical committed by the Attorneys in the document review may lead to the clients' losing their law suits and end up in losses. Hence companies look to reputed law firms that give best services at an affordable cost. Costs involved in document review are a major cause of concern for every company that has to deal with either litigation, contract, merger or acquisition matters. The U.S. law firms charge huge sums of money for document review services and the charges generally are on an hourly basis.
Initially the document review was carried out manually, but after the advent of automation and development of technology, it is now being carried out electronically. A recent survey showed that the percentage of errors of e-discovery is very less as compared to the manual discovery. There are many software tools available which makes the process a lot easier. The electronic process has also reduced the cost incurred in document review. Companies are still looking at further cost cutting measures without compromising on quality. Now days, Law firms are also finding it difficult to offer cost effective services due to various reasons such as (1) soaring salary packages for associates, (2) attrition rate, (3) training costs, (4) headcount restrictions, etc. Adding to the woes of all these, there is looming recession in the economy which might further increase the problems for law firms.
The impact of globalization has facilitated increased business transactions between nations. Companies from United States are looking for greener pastures and new business opportunities outside USA. Many companies are preferring destinations like India with its liberalized economy and enviable growth rate. The situation is similar for law firms as well. High cost of litigation services by law firms in the United States has forced companies to look towards easier and cheaper solutions to reduce their litigation costs. Outsourcing work to India has emerged as a viable and profitable option. India, over a period of time has proven its mettle with the skilled professionals, cost effective resources, good infrastructure facilities, neutral accent, salary packages much lower than the US counterparts, low training costs etc. India has gained prominence in legal process outsourcing (LPO) industry with its huge pool of manpower with potential to execute projects on par with international standards at comparatively low cost. Strong command on English language and common law background is an added advantage. What looked as an alternative option of outsourcing to India has now become a necessity for many companies because of significant cost savings, increased productivity, quality output and efficiency shown by Indian LPOs.
Legal advantage, LLC headquartered at Washington DC, USA is a premier legal process outsourcing firm providing document review service from its state-of-the-art facility in Hyderabad, India. Legal Advantage provides Advantage provides services in document review in areas such as commercial litigation, class actions, governmental and regulatory investigations and mergers & acquisitions. Legal Advantage, LLC has a host of other services to offer such as patent and IP services, patent illustration, prior art search, patent proofreading, legal research, SEC services etc. It provides high quality, cost efficient services to clients within the specified time frame. The main focus is to deliver projects error-free, designed and customized to control expenses and reduce risk. Legal Advantage has permanent staff of over 25 legal associates who are trained extensively in fundamentals of US Laws and are headed by an experienced US Attorney. There is a dedicated multi-level in-house QC team that ensures 100% quality output. Legal Advantage, LLC with state-of-the art facilities can blend technology and integrate processes to ensure a work product that outperforms more traditional methods. The strength of Legal Advantage, LLC lies in maintaining high level confidentiality and security related to clients' information.
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