Global Legal Process Outsourcing Services Market to grow at a CAGR of 28.67% during the period 2017-2021

Summary

Orbis Research Present’s Global Legal Process Outsourcing Services Market 2017-2021 Major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.

Description

The Global Legal Process Outsourcing Services Market to grow at a CAGR of 28.67% during the period 2017-2021.

LPO is the process of procuring legal services from an external provider. The cost of legal proceedings is increasing at a progressive pace. The outsourcing of these services is of strategic importance for law and corporate firms to reduce their expenditure on legal matters. LPO offers access to legal expertise from different countries and builds their core competencies. It helps clients increase their operational efficiency, reduce time-to-market cycles, obtain access to fresh talent, and equip organizations with an economical cost structure.

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Covered in this report

The report covers the present scenario and the growth prospects of the global legal process outsourcing services market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Global Legal Process Outsourcing Services Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors

Clutch
Infosys
Integreon
QuisLex
UnitedLex
Other prominent vendors
Capita
Capgemini
Cobra Legal Solutions
CPA Global
Exigent
HCL Technologies
Legal Advantage
LegalBase
Mindcrest
NewGalexy
Nextlaw Labs
Wipro
WNS

Market driver

Cost reduction and enhanced efficiency of legal processes.
For a full, detailed list, view our report

Market challenge

Confidentiality and security issues.
For a full, detailed list, view our report

Market trend

Alignment of legal services and procurement.
For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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