Interview of the Day: “LPO has
potential of becoming an indispensable tool in corporate strategists’ toolkit”
Robert (Bob)
Gogel, Director and Chief Executive Officer, Integreon
What are the
future employment prospects for aspiring candidates in the industry?
LPOs are
constantly recruiting highly educated and capable legal professionals to work
on not just on back-end documentation, but also on higher-order tasks where LPO
providers work with law firms and corporate legal departments.
LPOs today are
looking for highly educated and capable legal professionals, an increasing
number of Indian lawyers, paralegals, and law graduates are seeing the
advantages of a career path in LPOs. For a legal professional, the career path
may be in either of the two directions in LPO framework- specializing in a
single practice like intellectual property or across different areas like
contracts, research, transcription and so on.
Although still
in a nascent stage, the LPO market in India has already managed to win the
confidence of its overseas clients by moving up to the next level and providing
a plethora of sophisticated services. As a result, Indian outsourcers are now
helping UK and US firms hire experienced Indian legal talent to meet this
demand.
What are your
(organisation’s) plans for 2014, in terms of business and hiring?
Integreon is
expanding its business across a number of global geographic markets. Most
recently we’ve entered the Australian LPO market, which we are primarily
supporting from our delivery centres based in India. We’ve also expanded with
on-location staffing and technology-enabled services, particularly for
electronic discovery (disclosure) and contract management and review.
India is the
largest delivery centre for Integreon. As one of the largest LPO providers in
India and globally, we have been credited by some with the lowest attrition
rate in the industry. Integreon remains committed to India and we have plans to
continue investing in our Indian facilities, both in terms of expanding our
present facilities and eventually by adding other facilities too, as needed to
meet the growing client demand.
Three things,
you think can be the game changer for Indian LPO industry, in near future?
Beyond cost
reduction and efficiency considerations, requirements include consideration of
cultural and management compatibility with clients and the need for high levels
of security to protect client confidential information. Stringent security
measures will prove to be a major consideration factors for clients while choosing
LPO.
Offerings have
also matured from what was once almost entirely offshore to now include both
onshore and on location support. This reflects a growing maturation of clients
as well in which they increasingly understand the importance of working collaboratively
with LPO providers.
LPO has the
real potential of becoming an indispensable tool in a corporate strategists’
toolkit. What is needed is a ‘leap of faith’ to move from transaction-oriented
client-vendor relationships to a relation that is a true partnership.
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