Demand for Global Outsourcing Market Expands

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Competition will increase -- a global race for market share. Growth in legal services outsourcing anticipated to be strong (especially in India) -- according to Duke University's Offshoring Research Network and PricewaterhouseCoopers survey.

Other survey findings:

• 70 per cent of outsourcing deals in 2008 were renewed at the expiration of the first contract, down from 72 per cent in 2007.
• Unrealistic client expectations and the lack of a client outsourcing strategy were the top reasons for contract terminations.
• "Near-shoring" has gained momentum among companies using or considering outsourcing services.

Read more here.

Posted by: The Global Small Business Blog