Legal Process Outsourcing (LPO) Market 2018
Legal outsourcing, also known as legal process outsourcing (LPO), refers to the practice of a law firm or corporation obtaining legal support services from an outside law firm or legal support services company (LPO provider). When the LPO provider is based in another country, the practice is called offshoring and involves the practice of outsourcing any activity except those where personal presence or contact is required, e.g. appearances in court and face-to-face negotiations. When the LPO provider is based in the same country, the practice of outsourcing includes agency work and other services requiring a physical presence, such as court appearances. This process is one of the incidents of the larger movement towards outsourcing. The most commonly offered services have been agency work, document review, legal research and writing, drafting of pleadings and briefs, and patent services.
Scope of the Report:
This report studies the Legal Process Outsourcing (LPO) market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Legal Process Outsourcing (LPO) market by product type and applications/end industries.
The legal process outsourcing market is growing at a rapid rate due to the growing demand to minimize costs by law firms and corporate legal departments to increase flexibility and expand their in-house capabilities. With the rising concerns related to legal expenses in countries such as the U.S. and UK, corporate firms seek to outsource certain legal proceedings through their legal representatives to cut costs. In addition, cost saving is the major attraction for western firms outsourcing their legal work to countries such as India owing to the affordability, efficiency and availability of skilled personnel.
The global Legal Process Outsourcing (LPO) market is valued at 4360 million USD in 2017 and is expected to reach 21000 million USD by the end of 2023, growing at a CAGR of 30.0% between 2017 and 2023.
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Market Segment by Companies, this report covers
Clutch Group
American Discovery
Amstar Litigation Support
Cobra Legal Solutions
Infosys
Integreon
QuisLex
Cogneesol
CPA Global
Unitedlex
Evalueserve
Elevate Services
Thomson Reuters
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Individual
Type II
Market Segment by Applications, can be divided into
Commerical
Application 2
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Table of Contents –Analysis of Key Points
1 Legal Process Outsourcing (LPO) Market Overview
1.1 Product Overview and Scope of Legal Process Outsourcing (LPO)
1.2 Classification of Legal Process Outsourcing (LPO) by Types
1.2.1 Global Legal Process Outsourcing (LPO) Revenue Comparison by Types (2017-2023)
1.2.2 Global Legal Process Outsourcing (LPO) Revenue Market Share by Types in 2017
1.2.3 Individual
1.2.4 Type II
1.3 Global Legal Process Outsourcing (LPO) Market by Application
1.3.1 Global Legal Process Outsourcing (LPO) Market Size and Market Share Comparison by Applications (2013-2023)
1.3.2 Commerical
1.3.3 Application 2
1.4 Global Legal Process Outsourcing (LPO) Market by Regions
1.4.1 Global Legal Process Outsourcing (LPO) Market Size (Million USD) Comparison by Regions (2013-2023)
1.5 Global Market Size of Legal Process Outsourcing (LPO) (2013-2023)
2 Manufacturers Profiles
2.1 Clutch Group
2.1.1 Business Overview
2.1.2 Legal Process Outsourcing (LPO) Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 Clutch Group Legal Process Outsourcing (LPO) Revenue, Gross Margin and Market Share (2016-2017)
2.2 American Discovery
2.2.1 Business Overview
2.2.2 Legal Process Outsourcing (LPO) Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 American Discovery Legal Process Outsourcing (LPO) Revenue, Gross Margin and Market Share (2016-2017)
2.3 Amstar Litigation Support
2.3.1 Business Overview
2.3.2 Legal Process Outsourcing (LPO) Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 Amstar Litigation Support Legal Process Outsourcing (LPO) Revenue, Gross Margin and Market Share (2016-2017)
2.4 Cobra Legal Solutions
2.4.1 Business Overview
2.4.2 Legal Process Outsourcing (LPO) Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 Cobra Legal Solutions Legal Process Outsourcing (LPO) Revenue, Gross Margin and Market Share (2016-2017)
2.5 Infosys
2.5.1 Business Overview
2.5.2 Legal Process Outsourcing (LPO) Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 Infosys Legal Process Outsourcing (LPO) Revenue, Gross Margin and Market Share (2016-2017)
2.6 Integreon
2.6.1 Business Overview
2.6.2 Legal Process Outsourcing (LPO) Type and Applications
2.6.2.1 Product A
2.6.2.2 Product B
2.6.3 Integreon Legal Process Outsourcing (LPO) Revenue, Gross Margin and Market Share (2016-2017)
2.7 QuisLex
2.7.1 Business Overview
2.7.2 Legal Process Outsourcing (LPO) Type and Applications
2.7.2.1 Product A
2.7.2.2 Product B
2.7.3 QuisLex Legal Process Outsourcing (LPO) Revenue, Gross Margin and Market Share (2016-2017)
Continued…..
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