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Game changer? Amarchand forays into LPO-style practice to improve due diligence & volume work

Amarchand Mangaldas' Mumbai has started a volume-focused transactional support practice, which the firm is continuing to trial hoping to offer clients better due diligence and commoditised advice.

Legally India understands that the new department dubbed transaction support group (TSG), was started around a year ago and now consists of around 30 lawyers, who are based in Amarchand's Mumbai Peninsula Chambers offices in Lower Parel.

In particular, the TSG is believed to be targeting on due diligence of corporate transactions, litigation and real estate deals, as well as specialising in property conveyancing.

One of the aims with the TSG is to provide a team to clients that has greater specialisation on such work, which is often handled by junior associates with only very little practical experience.

Growing a team that specialises in commoditised, higher volume but often lower-margin work, rather than as a learning ground for young lawyers, is hoped to provide a better service and end product.

It is understood that no fixed recruitment policies or intentional salary differential is in place for members of the TSG at present, though the initiative is still a work-in-progress, on which the firms' management will only take a final call in the coming months.

Amarchand senior partners confirmed that a TSG had been started, but declined to comment when contacted by Legally India.

Besides requiring similar technology and processes as Indian legal process outsourcing (LPO) firms, which sell TSG-style services to law firm and in-house departments, Amarchand's efforts in the space mirror those of UK-headquartered firm Addleshaws.

Addleshaws started a Manchester-based transaction services team (TST) around four years ago, which had handled more than 3,000 matters by late last year, reported The Lawyer.

Unlike an LPO, a TSG or TST is intended to be tightly integrated into the existing firm and transaction teams, while taking advantage of the efficiencies of optimising technology use and structuring the workflow around the types of transaction that do require much variation from deal to deal.

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