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Markets: Consilio establishes India as a key talent hub

Fiinews by Fiinews
June 17, 2022
in Markets
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Gurgaon, Bangalore and Hyderabad to scale proven global service delivery model

Consilio LLC, which operates in the US, UK, Germany and Asia Pacific, has launched new facilities in Gurgaon, Bangalore and Hyderabad, expanding its global footprint to meet client demand for its legal technologies and services and firmly establishing India as a key talent hub for its growing eDiscovery, risk management and legal consulting business lines.

“By investing in developing high-quality talent in strategic geographies like Gurgaon, Bangalore and Hyderabad, we can continue to scale our proven global service delivery model and respond well to a wide range of our clients’ challenges.” said Andy Macdonald, Chief Executive Officer at Consilio.

“This approach has resonated greatly with our clients and has led to significant growth of our talent pool, including 70% headcount growth in India over the year,” he said on 15 June 2022 in a release from Washington.

Consilio builds on an established history of operating global teams with select IT and engineering functions established in India 15 years ago. The recent expansion supports all company functions, including service delivery.

To accommodate the next stage of expected growth, the company re-envisioned the newly expanded facilities to safely enhance the employee experience and increase opportunities for training, collaboration and innovation across all three locales.

Employing nearly 800 professionals spanning every function of Consilio operations, from data operations and human resources to project support and engineering, the company expects growth to 2,000 employees in India in the next 36 months.

To support continued global growth, Consilio incorporates best practices from its own Diversity & Inclusion program and recruitment functions that emphasize curating talent from a diverse range of backgrounds, skills and experiences. In India, Consilio integrated this approach to build specialized talent pipelines that qualify and engage graduates from the country’s top law, IT and engineering colleges.

“From increased global regulatory activity and a shifting legal talent pool to the rapid expansion of cloud-based platforms, law firms and corporations are experiencing significant pressures to reduce risk and cost while driving evolution,” said Raj Chandrasekar, Chief Operating Officer at Consilio.

“While we have many tools, from our proven workflows and advanced technologies such as AI, developing a high-quality, global base of talent is the most important to help clients evolve their legal solutions.”

The company sees a huge opportunity in partnering with law firms and corporate clients across markets globally as they increasingly need specialized workflows, technologies and additional workforce capacity to deal with a large volume of documents, meet court deadlines for on-demand litigations and face data and privacy risks.

According to IDC, the legal industry spends US$750 billion annually on various legal services, with the document review business alone estimated to be worth US$12 billion.

Meanwhile, legal technology and services related to legal operations and eDiscovery support services account for up to US$25.9 billion of the total addressable market by 2039.

Consilio is a global leader in eDiscovery, document review, risk management and legal consulting services. Through its Consilio Complete suite of capabilities, the company supports multinational law firms and corporations using innovative software, cost-effective managed services and deep legal as well as regulatory industry expertise. fiinews.com

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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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