Legal Process Outsourcing market

Legal Process Outsourcing (LPO) Market - Global Outlook and Forecast 2022-2028

  • 25 January 2022
  • ICT & Media
  • 65 Pages
  • Report code : PMR-6801594

  • 4.7 (158)

Legal Process Outsourcing Market

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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.
Legal Process Outsourcing Market contains market size and forecasts of Legal Process Outsourcing (LPO) in Global, including the following market information:
Global Legal Process Outsourcing (LPO) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Legal Process Outsourcing (LPO) market was valued at 14280 million in 2021 and is projected to reach US$ 51460 million by 2028, at a CAGR of 20.1% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
File Management Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Legal Process Outsourcing (LPO) include QuisLex, Unitedlex, American Discovery, Pangea3, Clutch Group, Integreon, CPA Global, Cobra Legal Solutions and Elevate Services, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Legal Process Outsourcing (LPO) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Legal Process Outsourcing (LPO) Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Legal Process Outsourcing (LPO) Market Segment Percentages, by Type, 2021 (%)
File Management
Intellectual Property Services
Legal Research Service
Global Legal Process Outsourcing (LPO) Market, by End User, 2017-2022, 2023-2028 ($ millions)
Global Legal Process Outsourcing (LPO) Market Segment Percentages, by End User, 2021 (%)
Law Firm
Enterprise
Government
Others
Global Legal Process Outsourcing (LPO) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Legal Process Outsourcing (LPO) Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Legal Process Outsourcing (LPO) revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Legal Process Outsourcing (LPO) revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
QuisLex
Unitedlex
American Discovery
Pangea3
Clutch Group
Integreon
CPA Global
Cobra Legal Solutions
Elevate Services
Infosys
Evalueserve
Amstar Litigation Support
Cogneesol

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