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Offshoring legal work, including to India — $163 billion market?

Legalaffairs, in its May/June 2005 issue at pgs 10-12, discusses sending legal work to Indian firms. Here is the eye-popping metric: “The market for outsourced legal work is expected to reach $163 billion by next year, and India is positioned to seize the largest share.” [See my posts of Feb. 20, 2005 and of May 20, 2005, the latter attacking a figure one-hundredth as large.] Before such a figure sinks to urban legend, we really need to know how it was calculated.

Editor Daniel Brook’s piece cites three companies, Intellevate and Lexadigm and Imaging & Abstract International. It otherwise adds little to the hubbub about Indian outsourcing.