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Meticulous analysis of the “Global Legal Process Outsourcing (LPO) Market Size, Status and Forecast 2025” helps to appreciate the various types of products that are currently in use, along with the variants that would gain prominence in the future. This report will help the viewer in Better Decision Making.This report studies the global Legal Process Outsourcing (LPO) market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Legal Process Outsourcing (LPO) market by companies, region, type and end-use industry.
• This report focuses on the global top players, covered:
Clutch Group, American Discovery, Amstar Litigation Support, Cobra Legal Solutions, Infosys, Integreon, QuisLex, Cogneesol, CPA Global, Unitedlex, Evalueserve, Elevate Services, Thomson Reuters, etc,..
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Legal outsourcing, also known as legal process outsourcing (LPO) Market, 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.
In 2017, the global Legal Process Outsourcing (LPO) market size was 4360 million US$ and it is expected to reach 33200 million US$ by the end of 2025, with a CAGR of 28.9% during 2018-2025.
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• Market segment by Regions/Countries, this report covers:
United States, Europe, China, Japan, Southeast Asia, India.
• Market segment by Type, the product can be split into:
Individual and Type II.
• Market segment by Application, split into:
Commerical and Application 2.
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The study objectives of this report are:
1. To study and forecast the market size of Legal Process Outsourcing (LPO) Market Globally
2. To analyze the global key players, SWOT analysis, value and global market share for top players.
3. To define, describe and forecast the market by type, end use and region.
4. To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
5. To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
6. To identify significant trends and factors driving or inhibiting the market growth.
7. To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
..Continued
In this study, the years considered to estimate the market size of Legal Process Outsourcing (LPO) Market are as follows:
1. History Year: 2013-2017
2. Base Year: 2017
3. Estimated Year: 2018
4. Forecast Year 2018 to 2025
5. For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders:
• Legal Process Outsourcing (LPO) Market Manufacturers
• Legal Process Outsourcing (LPO) Market Distributors/Traders/Wholesalers
• Legal Process Outsourcing (LPO) Market Subcomponent Manufacturers
• Industry Association
• Downstream Vendors
Available Customizations:
• With the given market data, Researchers offers customizations according to the company's specific needs. The following customization options are available for the report:
• Regional and country-level analysis of the Legal Process Outsourcing (LPO) market, by end-use.
• Detailed analysis and profiles of additional market players.
The legal process outsourcing (lpo) 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.
Major Points from TOC for “Legal Process Outsourcing (LPO) Market”:
Chapter One: Industry Overview of Legal Process Outsourcing (LPO) Market
Chapter Two: Global Legal Process Outsourcing (LPO) Market Competition Analysis by Players
Chapter Three: Company (Top Players) Profiles
Chapter Four: Global Legal Process Outsourcing (LPO) Market Size by Type and Application (2013-2018)
Chapter Five: United States Legal Process Outsourcing (LPO) Market Development Status and Outlook
Chapter Six: EU Legal Process Outsourcing (LPO) Market Development Status and Outlook
Chapter Seven: Japan Legal Process Outsourcing (LPO) Market Development Status and Outlook
Chapter Eight: China Legal Process Outsourcing (LPO) Market Development Status and Outlook
Chapter Nine: India Legal Process Outsourcing (LPO) Market Development Status and Outlook
Chapter Ten: Southeast Asia Legal Process Outsourcing (LPO) Market Development Status and Outlook
Chapter Eleven: Legal Process Outsourcing (LPO) Market Forecast by Regions, Type and Application (2018-2025)
Chapter Twelve: Legal Process Outsourcing (LPO) Market Dynamics
Chapter Thirteen: Legal Process Outsourcing (LPO) Market Effect Factors Analysis
Chapter Fourteen: Research Finding/Conclusion
Chapter Fifthteen: Appendix
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