India has been an outsourcing hub for several developed nations, including United States, UK, Australia, Canada, and several other American and European nations. However, it has been only recently that India has started firming up its laws concerning outsourcing industry. A multi-pronged approach is required to deal with the multiplicity of laws that apply to the companies involved in outsourcing business.
Our law firm has experienced outsourcing lawyers having cross-industry experience to deliver the results beyond expectations of the clients. The USP of our outsourcing lawyers based out of Chandigarh is their client-specific approach, which drives them to render pre-emptive advisory to the clients pertaining to the potential legal disputes.
We understand the unforeseen pitfalls and know their possible solutions as applicable to the outsourcing industry. This is due to the wide gamut of experience gathered by our talented outsourcing lawyers who understand the goals and perspectives of each of the parties in an outsourcing transaction. We serve diverse clientele in the outsourcing sector ranging from aerospace, education, e-commerce, financial institutions, life sciences and health care, insurance, manufacturing and supply, pharmaceuticals, real estate, staffing, to technology, media and telecommunications (TMT) for broad spectrum of services, including, selection of service-provider, negotiations, contract drafts, and dispute resolution mechanism.
Our skillful outsourcing advocates can secure to your favor the most heavily negotiated aspects of outsourcing transactions, like service levels, service credits, data protection, intellectual property ownership allocations, termination rights and termination fees, cross-border data transfers, workforce reductions, employee transfers, indemnification obligations, limitations of liability, and jurisdictional aspects. We also offer expert inputs and consultancy services related to several offshore outsourcing concerns, such as tax obligations and planning, export control compliance, and allocating currency-exchange risks.
We have special wing to assist you in bench marking, gain-sharing arrangements, and setting up ancillary agreements for commercializing new intellectual property emerging out of the outsourcing transactions. For all your legal claims in outsourcing projects that have failed, SimranLaw is your go-to agency.
in business terminology, outsourcing means giving work by way of contract from a particular process to another outside party which is not the part of the business entity which is giving the work. The primary reason that companies outsource work from their process to an outside agency is that it reduces costs. Certain companies and corporate houses, especially those in USA, UK and Canada outsource work to Indian companies to reduce taxation.
Business process outsourcing is process outsourcing is a part of outsourcing in which a specific business process is outsourced to another party. And if business process outsourcing takes place in a country that is outside the company which is assigning the work, it is called offshore outsourcing. Business process outsourcing is generally based on information technology. As a subset of BPO, knowledge process outsourcing (KPO) involves outsourcing of business activities which relate to core information processes. For example patent research as a part of intellectual property/patent application, market research, medical services, training and legal services. In a similar fashion, legal process outsourcing (LPO) is a practice where a law firm or a law association takes legal support from outside lawyers or LPO service provider.
Our law firm in India provides legal assistance to international clients to start their outsourcing process in India. This legal assistance includes advising clients on nondisclosure issues, non-compete agreements, employment laws in India, incidence of taxation, liaisoning with government departments and officials, customs clearances, real estate negotiations and incorporation and formation of companies in India.