Global Legal Process Outsourcing (LPO) Market Research Report 2022 - Market Size, Current Insights and Development Trends

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.
The Legal Process Outsourcing (LPO) market has witnessed a growth from USD XX million to USD XX million from 2017 to 2022. With a CAGR of X.X%, this market is estimated to reach USD XX million in 2029.

The report focuses on the Legal Process Outsourcing (LPO) market size, segment size (mainly covering product type, application, and geography), competitor landscape, recent status, and development trends. Furthermore, the report provides strategies for companies to overcome threats posed by COVID-19.

Technological innovation and advancement will further optimize the performance of the product, enabling it to acquire a wider range of applications in the downstream market. Moreover, customer preference analysis, market dynamics (drivers, restraints, opportunities), new product release, impact of COVID-19, regional conflicts and carbon neutrality provide crucial information for us to take a deep dive into the Legal Process Outsourcing (LPO) market.

Major Players in the Legal Process Outsourcing (LPO) market are:
CPA Global
Unitedlex
QuisLex
Cogneesol
Elevate Services
Clutch Group
Konecta
Prism Legal
Exactus
LONDON LEGAL
Cobra Legal Solutions
Amstar Litigation Support
Thomson Reuters

On the basis of types, the Legal Process Outsourcing (LPO) market is primarily split into:
Contract Drafting
Review Management
Compliance Assistance
E Discovery
Litigation Support
Patent Support
Other LPO Services

On the basis of applications, the market covers:
Offshore
Onshore

Major Region

s or countries covered in this report:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others

Years considered for this report:

Historical Years:

2017-2021

Base Year:

2021

Estimated Year:

2022

Forecast Period:

2022-2029