Global Legal Process Outsourcing Market Growth Status and Outlook 2021-2026
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.
According to this latest study, the 2020 growth of Legal Process Outsourcing (LPO) will have significant change from previous year. By the most conservative estimates of global Legal Process Outsourcing (LPO) market size (most likely outcome) will be a year-over-year revenue growth rate of XX% in 2020, from US$ 7878.6 million in 2019. Over the next five years the Legal Process Outsourcing (LPO) market will register a 32.8% CAGR in terms of revenue, the global market size will reach US$ 24470 million by 2025.
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Companies Profiled in this report includes: QuisLex, Unitedlex, American Discovery, Pangea3, Clutch Group, Integreon, CPA Global, Cobra Legal Solutions, Elevate Services, Infosys, Evalueserve, Amstar Litigation Support, Cogneesol
This report presents a comprehensive overview, market shares, and growth opportunities of Legal Process Outsourcing (LPO) market by product type, application, key manufacturers and key regions and countries.
Segmentation by type: breakdown data from 2016 to 2021 in Section 2.3; and forecast to 2026 in section 10.7.
Intellectual Property Services
Legal Research Service
Segmentation by end user: breakdown data from 2016 to 2021, in Section 2.4; and forecast to 2026 in section 10.8.
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To study and analyze the global Legal Process Outsourcing market size by key regions/countries, type and application, history data from 2015 to 2019, and forecast to 2025.
To understand the structure of Legal Process Outsourcing market by identifying its various subsegments.
Focuses on the key global Legal Process Outsourcing players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Legal Process Outsourcing with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Legal Process Outsourcing submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Content:
1 Scope of the Report
2 Executive Summary
3 Global Legal Process Outsourcing (LPO) by Players
4 Legal Process Outsourcing (LPO) by Regions
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Global Legal Process Outsourcing (LPO) Market Forecast
11 Key Players Analysis
11.1.1 QuisLex Company Information
11.1.2 QuisLex Legal Process Outsourcing (LPO) Product Offered
11.1.3 QuisLex Legal Process Outsourcing (LPO) Revenue, Gross Margin and Market Share (2019-2021)
11.1.4 QuisLex Main Business Overview
11.1.5 QuisLex Latest Developments
11.2.1 Unitedlex Company Information
11.2.2 Unitedlex Legal Process Outsourcing (LPO) Product Offered
11.2.3 Unitedlex Legal Process Outsourcing (LPO) Revenue, Gross Margin and Market Share (2019-2021)
11.2.4 Unitedlex Main Business Overview
11.2.5 Unitedlex Latest Developments
11.3 American Discovery
11.3.1 American Discovery Company Information
11.3.2 American Discovery Legal Process Outsourcing (LPO) Product Offered
11.3.3 American Discovery Legal Process Outsourcing (LPO) Revenue, Gross Margin and Market Share (2019-2021)
11.3.4 American Discovery Main Business Overview
11.3.5 American Discovery Latest Developments
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