WSJ: ... wages are rising in developing countries such as India ... but remain relatively soft here in the U.S. and the U.K.
... The price gap has narrowed between offshore legal processing groups—which charge between $25-$35 an hour for basic legal services such as document review—and domestic services offered by contract review attorneys in places such as the Midwest, which might charge $25 to $30 per hour. ...
The glut of new law school graduates in 2012 will likely put offshore legal services outfits at a further disadvantage, the report found.
Those not familiar with the current realities for new law school grads, see here.
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