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New Kolkata LPO: JV between Khaitan partner, US Co


Khaitan & Partners managing partner Niloy Pyne is launching a legal process outsourcing (LPO) company of up to 35 lawyers in Kolkata in joint venture with a large US health insurance and BPO provider.

The LPO will start operations within two weeks to a month and will be called E Lex Solution.

The LPO will be majority-owned by the New York-headquartered Fox Insurance Company, according to market sources.

It is understood that the health insurance company also runs business process outsourcing (BPO) operation CF-Health in Kolkata, which currently employs around 150 people.

Pyne confirmed that he would own 25 per cent in a joint venture with a New York-based US healthcare company, although he declined to confirm the US company's name before the LPO's official launch.

He said that the LPO would tie in closely with the US company's existing BPO business in Kolkata, which currently receives significant work from its US parent insurance company.

Pyne explained: "They have approached me that they want to have a full fledged LPO facility.

"We are targeting the healthcare sector in the US, which is where this American company specialises but we will have a full-service LPO facility," he added. "The best thing is that this healthcare company, and we would be straightaway getting all of their legal work under American law."

However, he noted that in future he would expect that E Lex Solution also worked for other foreign healthcare sector companies and law firms.

The LPO would consist of 30 to 35 lawyers by the time of its launch, he said, and that 25 lawyers were currently "more or less on board".

"The BPO facility which is already existing, they already have seven to eight lawyers most of them from NLS Bangalore and one or two from NUJS [Kolkata]," he said. "I am in charge of recruitment and have personally looked at another 10 people and another 10 external associates who are having a practice at the bar in Kolkata - we'll be using them as of counsel."

Pyne said that he would definitely continue as a partner of Khaitan & Partners despite the law firm presently not being directly involved in the LPO venture.

Khaitan & Partners was started up by Pyne with a licence to use the Khaitan name from its sister firm Suman Khaitan & Co in Delhi.

Photo by: Dipanker Dutta

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