“Legal Outsourcer Gets $4M

So, do you agree that legal work outsourcing is now an unstoppable train?

"Pangea3, a company that focuses on providing outsourced legal and patent support services, said Friday it has received a $4-million second round of financing led by the GlenRock Group.

“’The financing underscores the growing demand for outsourced legal services as a solution to the spiraling costs of outside legal counsel and related support work,’ said Sanjay Kamlani, co-CEO of Pangea3.

"The New York and Mumbai, India-based company will use the funds to recruit additional legal talent to ensure continued growth in both the United States and India, and to expand its facilities and offerings in both markets.

“’Pangea3 is uniquely positioned to capitalize on the explosive growth in the knowledge process outsourcing market,’ said Larry Graev, chief executive of the GlenRock Group.

"Pangea3’s services include litigation support and document review, contract drafting and administration, patent drafting and analysis, and legal and competitive intelligence research."

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