Pangea 3 has bagged Australian law firm Advent Lawyers, as a client to set up its base in Australia. Pangea 3 will provide corporate legal services, litigation support, intellectual property practice support and risk management support to Advent’s clients such as Telestra, Merrill Lynch and Mcquarie Group.

Confirming this news, Sanjay Kamlani (pictured), co-CEO of Pangea 3 said,  “Australia also faced capacity shortage issues similar to that of US and UK. Australian in-house counsels are now seeing the benefits of outsourcing certain functions”

Kamlani said, "We are in the process of developing a team and a relationship plan with Advent and initiating integrated service offerings in order to obtain best possible results". It is interesting to see LPO companies looking beyond the traditional US or UK legal markets for opportunities.The Australian legal market although smaller than its western counterparts, offers similar per project billing rates as that of the UK and US.

Australian law firm revenues are supposed to be similar to that of the same size US law firms thereby providing a good opportunity for the LPOs to tap into this geography.