Am I going to be outsourced to Mumbai? Thomson Reuters sells BarBri and buys Pangea3

I think I am safe for now, but we will see!

Here are the players: Thomson Reuters is a large legal publisher. They own the dominant "Westlaw" computerized legal research program. They print lots of materials used by lawyers such as guides and manuals and annotated code books.

BarBri charges money to help new law graduates pass the bar exam to get a legal practice license. I took a BarBri course for about $500 or so (maybe it was $750, can’t remember precisely) back in June and July 1993. It worked. I passed all portions of the bar exam on the first try!

Pangea3 is a company that has lots of lawyers in Mumbai. Some companies like American Express, GE, Sony, Yahoo! and Netflix have used Pangea3’s Mumbai based legal staff for some routine document review and tasks with repetitive elements.

The Economist December 18, 2010 article "Offshoring your lawyer" page 132, reports that some large companies are approaching their lawyer’s directly and demanding that the American based law firm work with Pangea3’s Mumbai based staff.

Legal outsourcing to India is still small. Of the estimated $180 billion spent on lawyers each year by Americans, only about $1 billion goes to outsources, but it is growing at the rate of 20-30% per year according to The Economist.

It is reported that big law firms’ hourly rates have jumped by 65% per hour between 1998 and 2009.

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