Latest Expert Exchange Queries

GST Demo Service software link:
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Popular Search: VAT RATES :: Central Excise rule to resale the machines to a new company :: TAX RATES - GOODS TAXABLE @ 4% :: due date for vat payment :: TDS :: form 3cd :: VAT Audit :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: cpt :: ACCOUNTING STANDARD :: empanelment :: ACCOUNTING STANDARDS :: ARTICLES ON INPUT TAX CREDIT IN VAT :: articles on VAT and GST in India :: list of goods taxed at 4%
« News Headlines »
  10 incomes you need not pay any tax on
 How To File Income Tax Returns In Three Steps By March 31, 2018
 10 things about income tax every taxpayer should know
 What to do if your TDS is not deposited with the government
 What if you forget to verify your Income Tax return?
 TDS on rent and other tax tasks to complete before March 31
 5 income tax changes which will come into effect from April 1, 2018
 Why you shouldn't be a last-minute tax filer
 How to calculate income tax for this assessment year on Moneycontrol
 6 Tax notices you may get and how to cope with them Income Tax Notice
 Deadline to pay advance tax ends tomorrow: Here is a step-by-step guide

Now, law firms hiring engineering grads
November, 27th 2007

Few years ago it would have been unheard of. But thanks to outsourcing, engineering graduates have yet another interesting career option to explore working in a law firm.

Some legal process outsourcing (LPO) firms in India have been recruiting engineers in recent times, primarily to work in the area of patents and intellectual property rights (IPR).

Patents are for technological innovations and unless one understands technology, it is not possible to produce a quality work product, says Mr Ajay Agrawal, Chief Solutions Officer, UnitedLex Corporation.

Tech innovation

The company has a team of experienced and fresh engineers who analyse new technologies and are also involved in writing patents, often considered a lawyers job.

In the US, IP work has always been performed by patent attorneys who have engineering/scientific backgrounds, says Mr Agrawal.

Consequently, engineers are billed 25 per cent higher than lawyers, he says without disclosing billing rates.

Clients demand

Mr Sanjay Kalmani, Co-Founder and Co-Chief Executive Officer, Pangea3, says he hires engineers partly because clients want it so. In the US, a legal firm usually outsources any patent related work to a firm of engineers. Our clients do not want us to further outsource their work, explains Mr Kalmani.

Pangea3 employs 70 engineers, most of who are IIT and NIT graduates. They do technological research in areas such as electronics, computers (hardware and software), telecommunications, biotechnology, pharmaceuticals, industrial chemicals and mechanical engineering. This eventually decides if a clients idea is patentable or not. Engineers also evaluate existing IP portfolios and determine their worth. Together with lawyers they decide how best to make money out of it, says Mr Kalmani.

Pay packet

The average annual pay packet for freshers joining LPOs is Rs 4-7 lakh while experienced professionals may get over Rs 10 lakh, say industry players.

The career path for engineers in LPOs is similar to that of lawyers. One moves from patent engineers to domain specialists and later takes up managerial roles.

According to Nassscom, the current addressable market potential for legal services outsourced from the US is $3-4 billion (about Rs 16,000 crore).

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Integrated Software Solutions Integrated Software Development Integrated Software Services Integrated Software Solutions India Integrated Softw

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions