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Legal Process Outsourcing Services Market, Global Outlook and Forecast 2023-2029

Legal Process Outsourcing Services Market, Global Outlook and Forecast 2023-2029

  • Published on : 16 June 2023
  • Pages :102
  • Report Code:SMR-7724440

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Report overview

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).
This report aims to provide a comprehensive presentation of the global market for Legal Process Outsourcing Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Legal Process Outsourcing Services. This report contains market size and forecasts of Legal Process Outsourcing Services in global, including the following market information:
Global Legal Process Outsourcing Services Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Legal Process Outsourcing Services market was valued at US$ 10260 million in 2022 and is projected to reach US$ 58500 million by 2029, at a CAGR of 28.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
We surveyed the Legal Process Outsourcing Services 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 Services Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Legal Process Outsourcing Services Market Segment Percentages, by Type, 2022 (%)
Contract Drafting
Review and Management
Compliance Assistance
Litigation Support
Patent Support
Others
Global Legal Process Outsourcing Services Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Legal Process Outsourcing Services Market Segment Percentages, by Application, 2022 (%)
SME
Large Enterprise
Global Legal Process Outsourcing Services Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Legal Process Outsourcing Services Market Segment Percentages, By Region and Country, 2022 (%)
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 Services revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Legal Process Outsourcing Services revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Clutch
Infosys
Integreon
QuisLex
UnitedLex
Capita
Capgemini
Cobra Legal Solutions
CPA Global
Exigent
HCL Technologies
Legal Advantage
LegalBase
Mindcrest
NewGalexy
Nextlaw Labs
Wipro
WNS
Outline of Major Chapters:
Chapter 1: Introduces the definition of Legal Process Outsourcing Services, market overview.
Chapter 2: Global Legal Process Outsourcing Services market size in revenue.
Chapter 3: Detailed analysis of Legal Process Outsourcing Services company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Legal Process Outsourcing Services in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.