Legal Process Outsourcing (LPO) Market 2018 Industry Rising Trend, Top Key Players (Clutch Group, American Discovery, Amstar Litigation Support, Cobra Legal Solutions, Infosys, etc..) and Demand Forecast Report 2023

Legal Process Outsourcing (LPO) Market studies the practice of a law firm or corporation obtaining legal support services from an outside law firm or legal support services company (LPO provider). 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.

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This report studies the Legal Process Outsourcing (LPO) market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Legal Process Outsourcing (LPO) market by product type and applications/end industries.

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.

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.

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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.

The global Legal Process Outsourcing (LPO) market is valued at 4360 million USD in 2017 and is expected to reach 21000 million USD by the end of 2023, growing at a CAGR of 30.0% between 2017 and 2023.

Legal Process Outsourcing (LPO) Industry Segment by Manufacturers:
• Clutch Group
• American Discovery
• Amstar Litigation Support
• Cobra Legal Solutions
• Infosys
• Integreon
• QuisLex
• Cogneesol
• CPA Global
• Unitedlex
• Evalueserve
• Elevate Services
• Thomson Reuters

Market Segment by Type, covers:
• Individual
• Type II

Market Segment by Applications, can be divided into:
• Commerical
• Application 2

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There are 15 Chapters to deeply display the global Legal Process Outsourcing (LPO) Market.
Chapter 1: Describe Legal Process Outsourcing (LPO) Introduction, product scope, market overview, market opportunities, market risk, and market driving force.
Chapter 2: Analyze the top manufacturers of Legal Process Outsourcing (LPO), with sales, revenue, and price of Legal Process Outsourcing (LPO), in 2015 and 2017.
Chapter 3: Display the competitive situation among the top manufacturers, with sales, revenue and market share in 2015 and 2017.
Chapter 4: Show the global market by regions, with sales, revenue and market share of Legal Process Outsourcing (LPO), for each region, from 2011 to 2017.
Chapter 5, 6, 7, 8 and 9: Analyze and talked about the key regions, with sales, revenue and market share by key countries in these regions.
Chapter 10 and 11: Show the market by type and application, with sales market share and growth rate by type, application, from 2011 to 2017.
Chapter 12: In Chapter Eleven Legal Process Outsourcing (LPO) market forecast, by regions, type and application, with sales and revenue, from 2017 to 2023.
Chapter 13, 14 and 15: Describe Legal Process Outsourcing (LPO) sales channel, distributors, traders, dealers, appendix and data source.

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