Integreon develops shared Information Services- bags Osborne Clarke Beachcroft TLT

Mumbai based LPO, Integreon, rank leader in the Knowledge Process Outsourcing and Legal Process Outsourcing domains is obviously on an aggressive growth strategy.

Integreon states that they have received mandates and are in the process of finalizing multi-year contracts with Osborne Clarke, Beachcroft and TLT LLP, all UK based firms, for providing Shared Information Services.

'shared Information Services' is an innovative product developed by Integreon. Under these services, Integreon will provide solutions for queries, legal and business research, journal management information supplier management and other library services to several law firms.

Under the agreement a total of eleven members, from Osborne Clarke, Beachcroft and TLT will be seconded to Integreon as employees. Law firms have traditionally valued knowledge. This however, is the first instance where information management is being outsourced.

Paul Murray, Managing Partner at Beachcroft said, "Information Services are an essential staple of our support to lawyers. The information resources that we buy are a commodity and we hope that we will save some money through this partnership arrangement. More important to us, however, is having specialist providers working with and supporting us in order to provide development opportunities for our own staff and improved services for everyone in the firm."

Lokendra Tomar, Chief Operating Officer of Integreon explained to Bar & Bench, how the services would work. "Instead of a law firm having to dedicate physical space in their offices to libraries, we will provide library, documentation and other services in one place." John Croft, President, Global Sales agrees with Tomar that it will help law firms to save about 20 - 30 percent of the cost on library services. He says, "The shared services model is an idea whose time has come. Integreon, which has provided the necessary financial backing to make it a reality, is now in active discussions with other law firms and corporations about the economic benefits of the innovative approach."

Says Tomar, "The product saves real estate, resources and time, consequently saving costs for law firms." "We are in talks with most of the top 30 law firms right now, and we are confident that they sign up for our product," he adds.