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LPO- La Destination

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Hmmm. The million dollar question. What is an LPO exactly?!!!!. No one know that, some tell that its an outsourcing of legal work from western countries, some call it as global law firm which does paralegal work apart from the litigation... Folks i will tell u what it is :-). Its nothing but a center of over ambitious people trying to show that they have a niche hand over the laws of all countries and over all areas of trade which even the business tycoons might be scared to try out. They themselves are struggling to gain profits but they claim clients to get a million dollars in a short span of time. But the whites.."word used for the clients when they don't clear the bill on the time" show that they are far more advanced, not only in terms of development but also in terms of thinking process. They use all these LPO'S like their clerks which are paid minimal. The big LPO's are doing well because they are the part of US or UK law firms or else they are owned by corporate giants who don't have liquidity crunch. But the real sufferers are the small players who dream of going big. Even if the Legal Outsourcing market is blooming, most of the small LPO's are struggling to sustain.... What is the reason?????. Recession... na.....Less litigation abroad.. na... Its nothing but recognizing the type of work they have to do, which is not so niche but will fetch u million dollars. Thats why the companies doing Document Review projects are not suffering as compared to small companies giving Legal support to the big clients(whites:-)). A fresh law graduate joins a company thinking that he will make big but ends up managing the life with delayed salaries and mental trauma. But still they want to work hard because they have to meet their ends and support their families. So big players KOUDOS... and small fish just get out of the ocean , there are ponds for u... NO OFFENCE

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