Request SampleGlobal Legal Process Outsourcing (LPO) Sales Market Report 2023
SKU ID : QYR-22289699 | Publishing Date : 02-Jan-2023 | No. of pages : 122
Market Analysis and Insights: Global Legal Process Outsourcing (LPO) Market
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.
Due to the COVID-19 pandemic, the global Legal Process Outsourcing (LPO) market size is estimated to be worth US$ 13880 million in 2022 and is forecast to a readjusted size of US$ 58500 million by 2029 with a CAGR of 21.0% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, File Management accounting for % of the Legal Process Outsourcing (LPO) global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Law Firm segment is altered to an % CAGR throughout this forecast period.
The industry's leading producers are QuisLex, Unitedlex and American Discovery, with revenues of 8.21%, 4.09% and 3.35%, respectively, in 2019.
Global Legal Process Outsourcing (LPO) Scope and Market Size
The global Legal Process Outsourcing (LPO) market is segmented by company, region (country), by Type and by End User. Players, stakeholders, and other participants in the global Legal Process Outsourcing (LPO) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by End User for the period 2018-2029.
Segment by Type
File Management
Intellectual Property Services
Legal Research Service
Segment by End User
Law Firm
Enterprise
Government
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
QuisLex
Unitedlex
American Discovery
Pangea3
Clutch Group
Integreon
CPA Global
Cobra Legal Solutions
Elevate Services
Infosys
Evalueserve
Amstar Litigation Support
Cogneesol
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.
Due to the COVID-19 pandemic, the global Legal Process Outsourcing (LPO) market size is estimated to be worth US$ 13880 million in 2022 and is forecast to a readjusted size of US$ 58500 million by 2029 with a CAGR of 21.0% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, File Management accounting for % of the Legal Process Outsourcing (LPO) global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Law Firm segment is altered to an % CAGR throughout this forecast period.
The industry's leading producers are QuisLex, Unitedlex and American Discovery, with revenues of 8.21%, 4.09% and 3.35%, respectively, in 2019.
Global Legal Process Outsourcing (LPO) Scope and Market Size
The global Legal Process Outsourcing (LPO) market is segmented by company, region (country), by Type and by End User. Players, stakeholders, and other participants in the global Legal Process Outsourcing (LPO) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by End User for the period 2018-2029.
Segment by Type
File Management
Intellectual Property Services
Legal Research Service
Segment by End User
Law Firm
Enterprise
Government
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
QuisLex
Unitedlex
American Discovery
Pangea3
Clutch Group
Integreon
CPA Global
Cobra Legal Solutions
Elevate Services
Infosys
Evalueserve
Amstar Litigation Support
Cogneesol
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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