Mindcrest ranked in the top 5 LPO's by The Black Book of Outsourcing
COMPANY RANKED #1 IN SEVERAL CATEGORIES
IL—FEBRUARY, 2008— Chicago based Mindcrest, a leader in the outsourced legal services industry, has been ranked in the top 5 globally amongst providers in Brown-Wilson’s prestigious annual survey of outsourcing service providers.
Results published in Brown-Wilson Group’s 2007 “Black Book of Outsourcing” were compiled using information solicited from more than 100,000 global outsourcing users, decision makers, analysts, employees, and customers. 900 outsourcing providers of various service offerings were graded and analyzed by survey respondents.
“Mindcrest’s results in this year’s rankings positions itself as a leader in our industry. We intend and hope to keep up the progress in the coming years and focus on becoming the most trusted provider of legal services to customers in the markets that we serve, says Ganesh Natarajan, President of Mindcrest.
In addition to the number 5 ranking overall, Mindcrest ranked first in the following subcategories: human capital development, accountability and values, organizations employees meet customer expectations, process and cost efficiency, innovation and their breadth of offerings, client types and delivery excellence.
In early 2007, Mindcrest reached another milestone in its expansion path by receiving a $4 million investment from Talon Asset Management, a Chicago-based diversified investment management company with more than $1.1 billion under management. The investment represents an enormous show of confidence in Mindcrest’s business plan and growth outlook by an experienced investor. Indeed, Mindcrest is thriving amid a changing legal landscape. “We are seeing a huge increase in interest from corporations and law firms embracing our work,” said George Hefferan, vice president and general counsel at Mindcrest.
The company is a pioneer in providing offshore legal services, and is expanding its presence in India to meet rapidly growing demand for its expert services. The Chicago-based company recently opened a second office in Pune, India, about 90 miles from the original office in Mumbai. The company’s professional staff has expanded to over 450 from a little over 150 a year ago. Mindcrest is meeting the soaring demand that has seen business triple in the past 12 months.
Mindcrest offers a wide variety of legal services, from basic document review to complex legal services required by Fortune 500 companies, at a cost savings of 50 to 90 percent of the conventional expense. The overseas offices are staffed by experienced lawyers with superior academic achievement from India's top law schools. The employees are trained in the common law system. Mindcrest’s staff thoroughly understands the service level and quality expected by its clients. Mindcrest emphasizes detailed process planning, stringent quality control and strong client partnerships to ensure excellent results.
ABOUT MINDCREST: Mindcrest provides legal outsourcing services, utilizing attorneys in India and the United States. The company provides document review, contract analysis and administration, HR legal/administrative processing, legal research and drafting, and legal content services at compelling cost savings.
