Pangea3

Pangea3
Subsidiary
Industry Legal outsourcing services
Legal services
Intellectual Property Services
Founded New York City, U.S., Mumbai, India (2004)
Headquarters New York City, Mumbai
Parent Thomson Reuters
Website www.pangea3.com

Pangea3 is a legal outsourcing services provider with headquarters in New York City , Noida, Bangalore and Mumbai, India. Pangea3 provides legal services and intellectual property services to in-house counsel in U.S., European and Japanese corporations and attorneys in international law firms.[1] Pangea3 has been recognized as a leading legal outsourcing services company repeatedly since 2007, was voted best LPO in the New York Law Journal Reader Rankings from 2011 through 2013 and awarded LPO of the Year by India Business Law Journal from 2009 through 2013.[2]

Pangea3 was founded in 2004 by former Monster.com General Counsel, David Perla, and former OfficeTiger CFO and General Counsel, Sanjay Kamlani. Pangea3’s legal outsourcing services are managed and run primarily by U.S., U.K. and Indian attorneys. Pangea3 provides its legal outsourcing services from its India based offices and their Dallas, TX office.

In 2005, Pangea3 opened its first office in Mumbai with 35 employees. It has since grown to 1,000 U.S., U.K. and Indian attorneys, engineers, scientists and professionals providing global legal outsourcing services in seven offices across the United States and India. In 2006, Pangea3 received $4 million in Series B funding from the venture capital firm The GlenRock Group. A year later, it closed a $7 million Series C round of funding with venture capital firm Sequoia Capital India.

In early 2008, Pangea3 opened an ISO 97001 compliant facility at Andheri, in Mumbai, India. Created primarily to house its expanded legal services departments, the facility expanded Pangea3’s capacity to 475 worldwide. In 2010, they became part of Thomson Reuters, a provider of information to legal and business professionals.

Voted Best LPO in the 2011 New York Law Journal Reader Rankings

Strategic Alliances

In 2008, Pangea3 announced that it is a member of the General Counsel Roundtable’s Preferred Vendor Pricing Program.[3] Pangea3 is the first and only legal outsourcing services provider participating in this program. The General Counsel Roundtable’s Preferred Vendor Pricing Program gives its members exclusive discounts on legal services from leading legal services providers.[4] Other participating legal services companies include Serengeti,[5] Lumen Legal[6] and Black Letter Discovery.[7]

Recently on 19 November 2010, Pangea3 has been acquired by the financial news and business information provider, Thomson Reuters. The total deal was valued at $100 million. [8]

See also

References and footnotes

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