Two US companies to set up outsourcing unit in Lanka
by Shirajiv Sirimane
Two leading US companies are looking at the possibility of
outsourcing part of their legal work to Sri Lanka. Officials from the
Contract Counsel, a US based human resource company was in Colombo last
week. According to the President Contract Counsel, David J. Galbenski
they are already outsourcing some of their work to India. "We have over
15,000 legal professionals as our clients and their ideal choice is
India and we have contacted some legal firms, who are ready to work with
Sri Lankans," he said..
Kalinga Indatissa, Rukmal Fernando ( President - Numatrix USA) ,
David Galbenski (CEO- Contract Counsel), Sesha Ramenaden ( Sr. Exec
Vice President - Numatrix USA) during a cocktail hosted by Corporate
chambers at the Galadhari. |
Galbenski also met officials of the Corporate Chambers of Sri Lanka
to discuss the possibility to tie up with some junior lawyers who have
US law degrees in Sri Lanka.
NuMatrix of USA, a Global Technology Management Services company
which has its'office in Sri Lanka has been appointed to co-ordinate the
project. Sri Lanka has a higher literacy rate and the turnover time for
an outsourcing assignment is quicker. This is a major advantage Sri
Lanka holds over India. The biggest advantage is the time difference
where the US legal firm forwards an assignment to Sri Lanka at the
closing time of their operations. Sri Lanka can prepare this assignment
and forward it back during the day and the US firm can pick it up as
soon as they open their office," he said.
He said that even a very junior lawyer in USA charges a high fee for
a very small assignment. "By outsourcing the US firms could cut their
cost by nearly 60 percent," he said.
Galbenski said that they are now looking at sending a team of senior
lawyers to Sri Lanka to train Sri Lankan lawyers on the US legal system.
According to an official of the Corporate Chambers of Sri Lanka,
there are many similarities in the Sri Lankan law and US. "Lankan
lawyers would be able to grasp the changes in the US law in one month,"
he said.
He said that with this project many young members of the bar would
benefit and large amount of foreign exchange would flow into the
country.
The young lawyers would earn 80 percent of what they are earning now
and this outsoucing project would benefit both countries," he said.
NuMatrix is a Global Technology Management Services Co Partners Rukmal
Fernando and Sesha Ramenaden based in USA said that they saw a new
business opportunity in the legal profession and decided to peruse it.
"We are now hoping to establish a unit in Sri Lanka to handle legal work
outsourced by US legal law firms," Ramenaden said.
"We would be the go between as we are a company providing
business-driven information and communications, solutions and services
to help clients manage the life cycle of their distributed technology
locally, nationally and worldwide," he said.
More information could be obtained at
[email protected] |