Pangea3 is a legal

outsourcing Outsourcing is a business practice in which companies use external providers to carry out business processes that would otherwise be handled internally. Outsourcing sometimes involves transferring employees and assets from one firm to another ...

services provider with headquarters in

New York City New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive w ...

Noida Noida (), short for New Okhla Industrial Development Authority (ISO: ), is a city located in Gautam Buddha Nagar district of the Indian state of Uttar Pradesh. As per provisional reports of Census of India, the population of Noida in 2011 was ...

Bangalore Bengaluru, also known as Bangalore (List of renamed places in India#Karnataka, its official name until 1 November 2014), is the Capital city, capital and largest city of the southern States and union territories of India, Indian state of Kar ...

and

Mumbai Mumbai ( ; ), also known as Bombay ( ; its official name until 1995), is the capital city of the Indian state of Maharashtra. Mumbai is the financial capital and the most populous city proper of India with an estimated population of 12 ...

, 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. 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. 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 a 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 Thomson Reuters Corporation ( ) is a Canadian multinational corporation, multinational content-driven technology Conglomerate (company), conglomerate. The company was founded in Toronto, Ontario, Canada, and maintains its headquarters at 1 ...

, a provider of information to legal and business professionals. The total deal was valued at $100 million. On June 1, 2019, Pangea3 was acquired by

Ernst & Young EY, previously known as Ernst & Young, is a multinational corporation, multinational professional services partnership, network based in London, United Kingdom. Along with Deloitte, KPMG and PwC, it is one of the Big Four accounting firms, Big F ...

. In February 2020, Ernst & Young laid off many of the US-based Pangea3 attorneys who had been hired by Ernst & Young as part of the acquisition from Thomson Reuters. The Ernst & Young website redirects the pangea3.com url and no longer makes any reference to Pangea3.

Strategic alliances

In 2008, Pangea3 announced that it is a member of the General Counsel Roundtable's Preferred Vendor Pricing Program. 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. Other participating legal services companies include Serengeti, Lumen Legal and Black Letter Discovery.

References

{{reflist Companies based in Mumbai Outsourcing companies Business services companies established in 2005 2005 establishments in Maharashtra Indian companies established in 2005 2010 mergers and acquisitions 2019 mergers and acquisitions Business services companies disestablished in 2020 Indian companies disestablished in 2020

Strategic alliances

See also

References