Legal Process Outsourcing Market Growth Analysis 2025 by Top Leading Player - Clutch Group, American Discovery, Amstar Litigation Support, Cobra Legal Solutions

ReportsWeb.com has announced the addition of the “2018-2023 Global Legal Process Outsourcing Market Report Status and Outlook” report detailed insights about the aspects responsible for augmenting as well as restraining market growth and analyses the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, and market demand and supply scenarios.
In this report, Publisher studies the present scenario (with the base year being 2017) and the growth prospects of global Legal Process Outsourcing (LPO) market for 2018-2023.

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.

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.

Industry participants in legal process outsourcing (LPO) market include Clutch Group, American Discovery, Amstar Litigation Support Cobra Legal Solutions, etc. The players are focusing on offering higher-value services such as supporting compliance management. They are expanding their offerings beyond litigation and regulatory investigation support services to contract management to offer varied services to their customers. In addition, these industry participants concentrate on process, people and geographic capability and strategic alliances to gain prominence.
Over the next five years, Publisher projects that Legal Process Outsourcing (LPO) will register a 30.0% CAGR in terms of revenue, reach US$ 21000 million by 2023, from US$ 4360 million in 2017.

This report presents a comprehensive overview, market shares and growth opportunities of Legal Process Outsourcing (LPO) market by product type, application, key companies and key regions.

To calculate the market size, Publisher considers value generated from the sales of the following segments:

Segmentation by product type:
Individual
Type II
Segmentation by application:
Commerical
Application 2

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The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report:
Clutch Group
American Discovery
Amstar Litigation Support
Cobra Legal Solutions
Infosys
Integreon
QuisLex
Cogneesol
CPA Global
Unitedlex
Evalueserve
Elevate Services
Thomson Reuters

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
The study objectives of this report are :
To study and analyze the global Legal Process Outsourcing market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
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.

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Table of Content
2018-2023 Global Legal Process Outsourcing Market Report (Status and Outlook)
1 Scope of the Report
2 Executive Summary
3 Global Legal Process Outsourcing by Players
4 Legal Process Outsourcing by Regions
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Global Legal Process Outsourcing Market Forecast
11 Key Players Analysis
11.1 Clutch Group
11.1.1 Company Details
11.1.2 Legal Process Outsourcing (LPO) Product Offered
11.1.3 Clutch Group Legal Process Outsourcing (LPO) Revenue, Gross Margin and Market Share (2016-2018)
11.1.4 Main Business Overview
11.1.5 Clutch Group News
11.2 American Discovery
11.2.1 Company Details
11.2.2 Legal Process Outsourcing (LPO) Product Offered
11.2.3 American Discovery Legal Process Outsourcing (LPO) Revenue, Gross Margin and Market Share (2016-2018)
11.2.4 Main Business Overview
11.2.5 American Discovery News
11.3 Amstar Litigation Support
11.3.1 Company Details
11.3.2 Legal Process Outsourcing (LPO) Product Offered
11.3.3 Amstar Litigation Support Legal Process Outsourcing (LPO) Revenue, Gross Margin and Market Share (2016-2018)
11.3.4 Main Business Overview
11.3.5 Amstar Litigation Support News

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