The exit of coCEOs David Perla and Sanjay Kamlani from Pangea3 LLC in November also marked their exit from the legal process outsourcing industry that they personified for nearly a decade. Perla and Kamlani left as they had agreed when they sold Pangea3 to Thomson Reuters Corporation two years ago for what the Business Standard of India estimated was as much as $40 million. But both men insist that their leaving doesn’t imply that the market for LPOs has peaked, or that they got out at the top.
“I think we’re still in the early stages,” Perla says. “To use a baseball analogy, this is maybe the bottom of the third inning.”
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
