EFY News Network
[Tuesday, September 25, 2007 2:11:02 PM]

The funding will be used primarily to hire additional Western-licenced attorneys to augment both the company’s extensive employee training programme in India.

Tuesday, September 25, 2007: SDD Global Solutions Private Limited, a legal services outsourcing company in India managed by a US law firm, has entered into a funding arrangement with SFP Priority Co., Ltd, a member of the SFP group, an Asia-based investor. This arrangement provides for a first round of $2 million, to be followed by subsequent rounds on an as-needed basis. The funding will be used primarily to hire additional Western-licenced attorneys to augment both the company’s extensive employee training programme in India and its range of services offered, expand its global marketing efforts and step up its ongoing recruitment drive for the best and brightest law graduates in India. SFP Priority will have two representatives join SDD Global Solutions' board of directors.

"We are very pleased with this tremendous vote of confidence in both our company and Indian legal services outsourcing generally. This will help us to more rapidly expand our business and to play an even larger role in the paradigm shift in the way legal services are delivered in the West," said Russell Smith, chairman, SDD Global Solutions.

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