Yes, LPO (not to be confused with IPO or LBO or other acronyms popular in our trade) is here, in a BIG way.  And bigger and bigger players are entering the Legal Process Outsourcing (”LPO”) business.

Today’s Lawyer.com reports how Infosys Technologies, India’s second largest IT company, will launch its LPO business soon.  It’s already cultivating clients in North America, Europe and the Middle East, and staffing up with Indian and US attorneys–all in anticipation of a booming LPO market. As reported, Indian research house Value Notes projects LPO revenues in India to reach $640m by the end of 2010.  No wonder that revenues will skyrocket, especially when most LPO providers offer attorney services 24/7 (per Dorothy Thomas at the Hindu Business Line).

Whether you are ready to embrace this trend, or simply want learn how to respond to it, you might be interested in the January 2008 Indian LPO Summit sponsored by the American Conference Institute.