Press release
Legal Process Outsourcing Services Market size worth over $62820 Million by 2027
The global Legal Process Outsourcing Services market size is projected to reach US$ 62820 million by 2027, from US$ 9971.6 million in 2020, at a CAGR of 29.5% during 2021-2027. 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.
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With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Legal Process Outsourcing Services market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Legal Process Outsourcing Services market in terms of revenue.
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On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Legal Process Outsourcing Services market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Legal Process Outsourcing Services market.
Legal Process Outsourcing Services Market Segment Review
Legal Process Outsourcing Services market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Legal Process Outsourcing Services market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.
Legal Process Outsourcing Services Market by Type
o Contract Drafting
o Review and Management
o Compliance Assistance
o Litigation Support
o Patent Support
o Others
Legal Process Outsourcing Services Market by Application
o SME
o Large Enterprise
Top Players in the Legal Process Outsourcing Services Industry
o Clutch
o Infosys
o Integreon
o QuisLex
o UnitedLex
o Capita
o Capgemini
o Cobra Legal Solutions
o CPA Global
o Exigent
o HCL Technologies
o Legal Advantage
o LegalBase
o Mindcrest
o NewGalexy
o Nextlaw Labs
o Wipro
o WNS
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