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Are Latin America outsourcing providers prepared to tackle this emerging market?

April 26, 2017America emerging Latin market outsourcing prepared tackle

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Are Latin America outsourcing providers prepared to tackle this emerging market?

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India continues to lead the world as a legal sourcing destination, but the Philippines and South Africa are coming on strong. Part of the appeal with South Africa is the time zone suitability with UK companies who also have their hands full with regulations like Basel II. There is no question corporate legal teams would just love to be able to collaborate in real time with legal experts in the Western Hemisphere, but at the moment the Nearshore region has not made legal outsourcing a priority. The practice of legal outsourcing is estimated to be a $2 billion market.