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PUBLISHER: IMARC | PRODUCT CODE: 1206971

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PUBLISHER: IMARC | PRODUCT CODE: 1206971

Legal Process Outsourcing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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The global legal process outsourcing market size reached US$ 15.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 73.0 Billion by 2028, exhibiting a growth rate (CAGR) of 27.7% during 2023-2028.

Legal process outsourcing (LPO) is a practice adopted by a law firm or corporation to acquire legal support services from an offshore service provider. It increases the efficiency and quality of legal procedures and allows organizations to focus their in-house legal workforce on higher-value activities. It is supported using software tools and electronic discovery, which manages large data and reduces the time and cost incurred on legal work. Some of the widely offered services by LPO include agency work, document review, legal research and writing, drafting of pleadings and briefs, and patent services.

Legal Process Outsourcing Market Trends:

  • The rising need for drafting agreements, contracts, meeting minutes, and letters for clients represent one of the key factors driving the market. Moreover, stringent cyber, tax, and intellectual property laws in several countries mandate companies to comply with industry standards. This, in turn, is propelling the growth of the market. In addition, there is an increase in the utilization of predictive analytic tools to reduce turnover time, integrate artificial intelligence (AI) tools with legal outsourcing services and improve business efficiencies of the financial firms. This, along with the growing focus of corporate organizations on core competencies, is positively influencing the market. Apart from this, there is an emergence of several outsourcing destinations for LPO with significant cost reductions. This, in confluence with the increasing awareness about the availability of virtual law assistants and law process automation, is contributing to the market growth. Furthermore, leading market players are currently undertaking several initiatives to acquire non-disclosure agreements and certifications. They are also focusing on building strong service level agreements (SLAs), which are projected to strengthen the growth of the market.

Key Market Segmentation:

  • IMARC Group provides an analysis of the key trends in each sub-segment of the global legal process outsourcing market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on location, services, organization size and end use industry.

Breakup by Location:

  • Offshore
  • Onshore

Breakup by Services:

  • Contract Drafting
  • Review and Management
  • Compliance Assistance
  • eDiscovery
  • Litigation Support
  • Patent Support
  • Others

Breakup by Organization Size:

  • Small and Medium-sized Enterprises
  • Large Enterprises

Breakup by End Use Industry:

  • BFSI
  • Government
  • Automotive
  • Healthcare and Life Sciences
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

  • The competitive landscape of the industry has also been examined along with the profiles of the key players being Clairvolex, Clarivate, Cobra Legal Solutions LLC, Elevate Services Inc., Ernst & Young Global Limited, Infosys Limited, Integreon Inc., Lex Outsourcing, Mindcrest Inc. (DWF Group), Morae Global Corporation, QuisLex Inc. and UnitedLex Corporation.

Key Questions Answered in This Report:

  • 1. What was the size of the global legal process outsourcing market in 2022?
  • 2. What is the expected growth rate of the global legal process outsourcing market during 2023-2028?
  • 3. What are the key factors driving the global legal process outsourcing market?
  • 4. What has been the impact of COVID-19 on the global legal process outsourcing market?
  • 5. What is the breakup of the global legal process outsourcing market based on the location?
  • 6. What is the breakup of the global legal process outsourcing market based on the services?
  • 7. What are the key regions in the global legal process outsourcing market?
  • 8. Who are the key players/companies in the global legal process outsourcing market?
Product Code: SR1323A443_Report

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Legal Process Outsourcing Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Location

  • 6.1 Offshore
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Onshore
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast

7 Market Breakup by Services

  • 7.1 Contract Drafting
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Review and Management
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Compliance Assistance
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast
  • 7.4 eDiscovery
    • 7.4.1 Market Trends
    • 7.4.2 Market Forecast
  • 7.5 Litigation Support
    • 7.5.1 Market Trends
    • 7.5.2 Market Forecast
  • 7.6 Patent Support
    • 7.6.1 Market Trends
    • 7.6.2 Market Forecast
  • 7.7 Others
    • 7.7.1 Market Trends
    • 7.7.2 Market Forecast

8 Market Breakup by Organization Size

  • 8.1 Small and Medium-sized Enterprises
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Large Enterprises
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast

9 Market Breakup by End Use Industry

  • 9.1 BFSI
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2 Government
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast
  • 9.3 Automotive
    • 9.3.1 Market Trends
    • 9.3.2 Market Forecast
  • 9.4 Healthcare and Life Sciences
    • 9.4.1 Market Trends
    • 9.4.2 Market Forecast
  • 9.5 Others
    • 9.5.1 Market Trends
    • 9.5.2 Market Forecast

10 Market Breakup by Region

  • 10.1 North America
    • 10.1.1 United States
      • 10.1.1.1 Market Trends
      • 10.1.1.2 Market Forecast
    • 10.1.2 Canada
      • 10.1.2.1 Market Trends
      • 10.1.2.2 Market Forecast
  • 10.2 Asia-Pacific
    • 10.2.1 China
      • 10.2.1.1 Market Trends
      • 10.2.1.2 Market Forecast
    • 10.2.2 Japan
      • 10.2.2.1 Market Trends
      • 10.2.2.2 Market Forecast
    • 10.2.3 India
      • 10.2.3.1 Market Trends
      • 10.2.3.2 Market Forecast
    • 10.2.4 South Korea
      • 10.2.4.1 Market Trends
      • 10.2.4.2 Market Forecast
    • 10.2.5 Australia
      • 10.2.5.1 Market Trends
      • 10.2.5.2 Market Forecast
    • 10.2.6 Indonesia
      • 10.2.6.1 Market Trends
      • 10.2.6.2 Market Forecast
    • 10.2.7 Others
      • 10.2.7.1 Market Trends
      • 10.2.7.2 Market Forecast
  • 10.3 Europe
    • 10.3.1 Germany
      • 10.3.1.1 Market Trends
      • 10.3.1.2 Market Forecast
    • 10.3.2 France
      • 10.3.2.1 Market Trends
      • 10.3.2.2 Market Forecast
    • 10.3.3 United Kingdom
      • 10.3.3.1 Market Trends
      • 10.3.3.2 Market Forecast
    • 10.3.4 Italy
      • 10.3.4.1 Market Trends
      • 10.3.4.2 Market Forecast
    • 10.3.5 Spain
      • 10.3.5.1 Market Trends
      • 10.3.5.2 Market Forecast
    • 10.3.6 Russia
      • 10.3.6.1 Market Trends
      • 10.3.6.2 Market Forecast
    • 10.3.7 Others
      • 10.3.7.1 Market Trends
      • 10.3.7.2 Market Forecast
  • 10.4 Latin America
    • 10.4.1 Brazil
      • 10.4.1.1 Market Trends
      • 10.4.1.2 Market Forecast
    • 10.4.2 Mexico
      • 10.4.2.1 Market Trends
      • 10.4.2.2 Market Forecast
    • 10.4.3 Others
      • 10.4.3.1 Market Trends
      • 10.4.3.2 Market Forecast
  • 10.5 Middle East and Africa
    • 10.5.1 Market Trends
    • 10.5.2 Market Breakup by Country
    • 10.5.3 Market Forecast

11 SWOT Analysis

  • 11.1 Overview
  • 11.2 Strengths
  • 11.3 Weaknesses
  • 11.4 Opportunities
  • 11.5 Threats

12 Value Chain Analysis

13 Porters Five Forces Analysis

  • 13.1 Overview
  • 13.2 Bargaining Power of Buyers
  • 13.3 Bargaining Power of Suppliers
  • 13.4 Degree of Competition
  • 13.5 Threat of New Entrants
  • 13.6 Threat of Substitutes

14 Price Analysis

15 Competitive Landscape

  • 15.1 Market Structure
  • 15.2 Key Players
  • 15.3 Profiles of Key Players
    • 15.3.1 Clairvolex
      • 15.3.1.1 Company Overview
      • 15.3.1.2 Product Portfolio
    • 15.3.2 Clarivate
      • 15.3.2.1 Company Overview
      • 15.3.2.2 Product Portfolio
      • 15.3.2.3 Financials
    • 15.3.3 Cobra Legal Solutions LLC
      • 15.3.3.1 Company Overview
      • 15.3.3.2 Product Portfolio
    • 15.3.4 Elevate Services Inc.
      • 15.3.4.1 Company Overview
      • 15.3.4.2 Product Portfolio
    • 15.3.5 Ernst & Young Global Limited
      • 15.3.5.1 Company Overview
      • 15.3.5.2 Product Portfolio
    • 15.3.6 Infosys Limited
      • 15.3.6.1 Company Overview
      • 15.3.6.2 Product Portfolio
      • 15.3.6.3 Financials
      • 15.3.6.4 SWOT Analysis
    • 15.3.7 Integreon Inc.
      • 15.3.7.1 Company Overview
      • 15.3.7.2 Product Portfolio
    • 15.3.8 Lex Outsourcing
      • 15.3.8.1 Company Overview
      • 15.3.8.2 Product Portfolio
    • 15.3.9 Mindcrest Inc. (DWF Group)
      • 15.3.9.1 Company Overview
      • 15.3.9.2 Product Portfolio
    • 15.3.10 Morae Global Corporation
      • 15.3.10.1 Company Overview
      • 15.3.10.2 Product Portfolio
    • 15.3.11 QuisLex Inc.
      • 15.3.11.1 Company Overview
      • 15.3.11.2 Product Portfolio
    • 15.3.12 UnitedLex Corporation
      • 15.3.12.1 Company Overview
      • 15.3.12.2 Product Portfolio
Product Code: SR1323A443_Report

List of Figures

  • Figure 1: Global: Legal Process Outsourcing Market: Major Drivers and Challenges
  • Figure 2: Global: Legal Process Outsourcing Market: Sales Value (in Billion US$), 2017-2022
  • Figure 3: Global: Legal Process Outsourcing Market Forecast: Sales Value (in Billion US$), 2023-2028
  • Figure 4: Global: Legal Process Outsourcing Market: Breakup by Location (in %), 2022
  • Figure 5: Global: Legal Process Outsourcing Market: Breakup by Services (in %), 2022
  • Figure 6: Global: Legal Process Outsourcing Market: Breakup by Organization Size (in %), 2022
  • Figure 7: Global: Legal Process Outsourcing Market: Breakup by End Use Industry (in %), 2022
  • Figure 8: Global: Legal Process Outsourcing Market: Breakup by Region (in %), 2022
  • Figure 9: Global: Legal Process Outsourcing (Offshore) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 10: Global: Legal Process Outsourcing (Offshore) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 11: Global: Legal Process Outsourcing (Onshore) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 12: Global: Legal Process Outsourcing (Onshore) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 13: Global: Legal Process Outsourcing (Contract Drafting) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 14: Global: Legal Process Outsourcing (Contract Drafting) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 15: Global: Legal Process Outsourcing (Review and Management) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 16: Global: Legal Process Outsourcing (Review and Management) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 17: Global: Legal Process Outsourcing (Compliance Assistance) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 18: Global: Legal Process Outsourcing (Compliance Assistance) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 19: Global: Legal Process Outsourcing (eDiscovery) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 20: Global: Legal Process Outsourcing (eDiscovery) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 21: Global: Legal Process Outsourcing (Litigation Support) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 22: Global: Legal Process Outsourcing (Litigation Support) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 23: Global: Legal Process Outsourcing (Patent Support) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 24: Global: Legal Process Outsourcing (Patent Support) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 25: Global: Legal Process Outsourcing (Other Services) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 26: Global: Legal Process Outsourcing (Other Services) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 27: Global: Legal Process Outsourcing (Small and Medium-sized Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 28: Global: Legal Process Outsourcing (Small and Medium-sized Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 29: Global: Legal Process Outsourcing (Large Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 30: Global: Legal Process Outsourcing (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 31: Global: Legal Process Outsourcing (BFSI) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 32: Global: Legal Process Outsourcing (BFSI) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 33: Global: Legal Process Outsourcing (Government) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 34: Global: Legal Process Outsourcing (Government) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 35: Global: Legal Process Outsourcing (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 36: Global: Legal Process Outsourcing (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 37: Global: Legal Process Outsourcing (Healthcare and Life Sciences) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 38: Global: Legal Process Outsourcing (Healthcare and Life Sciences) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 39: Global: Legal Process Outsourcing (Other End Use Industries) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 40: Global: Legal Process Outsourcing (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 41: North America: Legal Process Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 42: North America: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 43: United States: Legal Process Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 44: United States: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 45: Canada: Legal Process Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 46: Canada: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 47: Asia-Pacific: Legal Process Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 48: Asia-Pacific: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 49: China: Legal Process Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 50: China: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 51: Japan: Legal Process Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 52: Japan: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 53: India: Legal Process Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 54: India: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 55: South Korea: Legal Process Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 56: South Korea: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 57: Australia: Legal Process Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 58: Australia: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 59: Indonesia: Legal Process Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 60: Indonesia: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 61: Others: Legal Process Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 62: Others: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 63: Europe: Legal Process Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 64: Europe: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 65: Germany: Legal Process Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 66: Germany: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 67: France: Legal Process Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 68: France: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 69: United Kingdom: Legal Process Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 70: United Kingdom: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 71: Italy: Legal Process Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 72: Italy: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 73: Spain: Legal Process Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 74: Spain: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 75: Russia: Legal Process Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 76: Russia: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 77: Others: Legal Process Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 78: Others: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 79: Latin America: Legal Process Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 80: Latin America: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 81: Brazil: Legal Process Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 82: Brazil: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 83: Mexico: Legal Process Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 84: Mexico: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 85: Others: Legal Process Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 86: Others: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 87: Middle East and Africa: Legal Process Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 88: Middle East and Africa: Legal Process Outsourcing Market: Breakup by Country (in %), 2022
  • Figure 89: Middle East and Africa: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 90: Global: Legal Process Outsourcing Industry: SWOT Analysis
  • Figure 91: Global: Legal Process Outsourcing Industry: Value Chain Analysis
  • Figure 92: Global: Legal Process Outsourcing Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Legal Process Outsourcing Market: Key Industry Highlights, 2022 and 2028
  • Table 2: Global: Legal Process Outsourcing Market Forecast: Breakup by Location (in Million US$), 2023-2028
  • Table 3: Global: Legal Process Outsourcing Market Forecast: Breakup by Services (in Million US$), 2023-2028
  • Table 4: Global: Legal Process Outsourcing Market Forecast: Breakup by Organization Size (in Million US$), 2023-2028
  • Table 5: Global: Legal Process Outsourcing Market Forecast: Breakup by End Use Industry (in Million US$), 2023-2028
  • Table 6: Global: Legal Process Outsourcing Market Forecast: Breakup by Region (in Million US$), 2023-2028
  • Table 7: Global: Legal Process Outsourcing Market: Competitive Structure
  • Table 8: Global: Legal Process Outsourcing Market: Key Players
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