Mindcrest Named Top Legal Process Outsourcer in Black Book of Outsourcing 2009

Introduces Specialized Legal Services Practice for Real Estate Transactions

New Delhi, June 26, 2009: Mindcrest, a pioneer and leader in legal services outsourcing, announced today that it has been ranked at #1 on The Black Book of Outsourcing's prestigious "2009 Top 20 Overall Core Legal Services Outsourcing" list. Mindcrest ranked ahead of all LPOs and finished atop 4,839 global outsourcing suppliers of various service lines and locations. Mindcrest has consistently been ranked in the top 5 since 2007, and has been known for its specialization in core legal services including compliance, legal research, contracts, legal analytics and litigation support.

"We are pleased to be ranked at the top of the industry by Black Book," said Rohan Dalal, Managing Director, India. "This is an exciting time at Mindcrest. In addition to being recognized as the industry leader and expanding our business, we are launching a new global practice area to handle legal services for real estate transactions."

Mindcrest's Global Real Estate Due Diligence Group utilizes Indian and international legal talent to provide the following services for some of the largest and best-known real estate companies around the globe.

· Lease abstraction and analysis (into a centralized database) of all property lease types, including retail, office, industrial and medical buildings and cellular transmission sites

- Data conversion to new or updated lease administration or accounting systems

- Tenant reimbursement analysis

- Document preparation and review in connection with estoppel certificates and commencement date letters

"Our aim is to continuously innovate and add new high-value services for our clients, ensuring that we're always setting the curve for the industry," said Chicago-based Ganesh Natarajan, president and CEO. "Our 'Global Real Estate Due Diligence Group' will further strengthen our existing expertise in core legal services, which has been recognized by Black Book."

The Black Book of Outsourcing is authored by the Florida-based Brown-Wilson Group (part of the Data Monitor Company) and defines Core Legal Services as attorney managed services in the areas of litigation support, contracts management, IP and trademarks, corporate governance and risk, and research and analytics.

To arrive at the findings, the Brown-Wilson Group surveyed outsourcing users and C-level officers to gain a buy-side decision-maker perspective on the global services industry. After a stringent external auditing process, the client-experience responses of nearly 24,000 buyer executives, more than half of them C-level executives, determined the 2009 Black Book of Outsourcing rankings.

Source : Equity Bulls

Keywords