Sub-prime swells coffers of Indian LPOs

The portfolio includes legal analytics, discovery and litigation support, and first-line document drafting. This is in addition to the renewed demand for traditional LPO skill sets like bankruptcy filing and processing, and claims' scrutiny out of India.  The 200-odd LPO firms in India include SDD Global, Evalueserve, Integreon, OfficeTiger, CPA Global, Mindcrest and Pangea3, besides service providers such as Infosys BPO, Quattro BPO and Wipro BPO.  ValueNotes, which provides equity research and financial and stock market information, had pegged LPO market opportunities in India at around Rs 630 crore in 2007. The market, which stood at about Rs 260 crore in 2005, is estimated to reach Rs 2,770 crore by 2010.  The Mysore-based SDD Global Solutions' revenues are already up by about 50 per cent, and other legal outsourcing providers are reporting higher figures. Russell Smith, president and chairman of SDD Global Solutions, says most law firms have been very protective about the more lucrative