Axiom set to launch in India and Singapore as expansion continues
Axiom is set to launch new bases in India and Singapore, as the alternative legal services provider continues its recent expansion in the wake of its move into Belfast earlier this year. The firm is in the process of building a new delivery centre in Gurgaon, which is due be completed in November this year.
August 23, 2012 at 06:33 AM
3 minute read
Axiom is set to launch new bases in India and Singapore, as the alternative legal services provider continues its recent expansion in the wake of its move into Belfast earlier this year.
The firm is in the process of building a new delivery centre in Gurgaon, which is due be completed in November this year.
The base will be modelled on Axiom's other 'managed services' centres in Belfast, Chicago and Houston, which are staffed by a mix of lawyers, negotiators and paralegals who work directly with the firm's clients. Gurgaon will also act as the company's global centre for reporting and data analytics.
Axiom's managed services business was launched two years ago, alongside its 12-year old secondment business, which has offices in London, Hong Kong and across the US.
Managing director Al Giles said of the new centre: "We are currently in the process of extending service delivery to India and expect to open a Centre of Excellence in November 2012. We have completed all the necessary regulatory steps to establish a presence in the region and have secured 5,500 square feet of office space in Gurgaon."
Meanwhile, the firm is also currently gearing up to launch in Singapore, with the new base expected to be up and running by the end of 2012. The office will work alongside Axiom's existing Hong Kong base to support the firm's clients with a presence in the Asia-Pacific region.
Since its founding in 2000, Axiom has aimed to take advantage of the changes in the legal services industry by offering clients a low-cost alternative to partner-structured law firms. Its business model is designed to strip out the traditional overheads associated with law firms, including physical infrastructure, administrative support, with its lawyers not subject to hourly targets.
According to Axiom, the firm's clients include nearly half the Fortune 100 and a substantial portion of the FTSE 100, and Giles believes this apparent success is because it is not a traditional law firm.
"One reason why clients use us is because we are not a law firm. We are trying to run a lean operation whilst traditional law firms are more expensive to run, resulting in cost implications being passed down to the client," he explained.
News of the latest launches come after the firm opened a low-cost delivery centre in Belfast earlier this year after receiving £1.6m in funding from Invest Northern Ireland and Northern Ireland's Department of Employment and Learning. The firm secured the funding after agreeing to create 102 jobs in the local economy by the end of 2014.
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