by: Karen Cayamanda
Wednesday, May 19, 2010 | Outsourcing News |
Integreon, an Ayala-led BPO unit, had closed a 10-year outsourcing contract worth $852 million with UK-based CMS Cameron McKenna, one of the largest law firms in the world. This is said to be the biggest deal of its kind in the legal outsourcing industry.
According to Duncan Weston, CMS Cameron McKenna managing partner, they chose Integreon because of its worldwide network of experienced professionals.
Some of the tasks that will be outsourced are accounting and finance, HR, marketing and communications, research, and IT.
“By outsourcing nonbillable tasks to Integreon, which is majority owned by LiveIt, Ayala Corp.’s BPO holding company, CMS Cameron McKenna can focus on its core competency - providing high-end legal and tax services,” Ayala Corp. said. "CMS Cameron McKenna’s decision to outsource its Middle Office is part of its ambitious and progressive strategy to create a new model for law firms.”
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