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Global Legal Process Outsourcing Market by Service (Contract Drafting, Compliance Assistance, E-Discovery, Review & Management, Patent Support, Litigation Support), By Location (Offshore, Onshore), and Regional Forecasts 2021-2027

June 2021 | 200 pages | ID: GA9AAC40B72EEN
Bizwit Research & Consulting LLP

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Global Legal Process Outsourcing Market is valued approximately at USD 9 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 31.8% over the forecast period 2021-2027. Legal Process Outsourcing refers to an offshore unit that undertakes legal work assigned by corporations in which in-house legal department or organizations from areas is costly to perform. LPO provides various benefits such as enhanced data security and sophisticated service delivery models and also reduced costs which drives the market growth. For instance, India’s legal services are low-priced as compared US and cost up to 70% than US legal firms. The rise in the use of internet combined with rapid globalization is also a driving factor for the market. The restraining factor for the market is LPO companies realizing that their infrastructure is not well equipped or optimize to handle the shift to work-from-home. Also increased risk of confidential data breaches is also a restraining factor. Artificial intelligence is a new tool which is likely to assist the legal process outsourcing and give opportunities to the sector reach scalable heights of growth. Installation of tools such as natural language processing and document automation by the legal entities will also augment the growth of the market by giving opportunities.

The key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World are considered for the regional analysis of global Legal Process Outsourcing market. Asia Pacific is expected to grow at a significant rate in the forecasted period. The region’s growth is attributed to countries such as India and Philippines being the most preferred destinations for the legal service or legal work outsourcing because of the presence of efficient lawyers as well as low costs.
Major market player included in this report are

American Discovery
Amstar Litigation Support
Cobra Legal Solutions, LLC
CPA Global Limited
Elevate Services Inc.
Infosys BPM Ltd.
Integreon, Inc.
Lex Outsourcing
Mindcrest, Inc.
QuisLex

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Service:
Contract Drafting
Compliance Assistance
E-Discovery
Review & Management
Patent Support
Litigation Support
By Location:
Offshore
Onshore

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Legal Process Outsourcing Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
  1.2.1. Legal Process Outsourcing Market , by Region, 2019-2027 (USD Billion)
  1.2.2. Legal Process Outsourcing Market , by Service, 2019-2027 (USD Billion)
  1.2.3. Legal Process Outsourcing Market , by Location , 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL LEGAL PROCESS OUTSOURCING MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL LEGAL PROCESS OUTSOURCING MARKET DYNAMICS

3.1. Legal Process Outsourcing Market Impact Analysis (2019-2027)
  3.1.1. Market Drivers
    3.1.1.1. Benefits of legal process outsourcing
    3.1.1.2. The rise in the use of internet
  3.1.2. Market Restraint
    3.1.2.1. Potential for data breach
    3.1.2.2. Not well equipped infrastructure
  3.1.3. Market Opportunities
    3.1.3.1. Integration of artificial intelligence
    3.1.3.2. Installation of advanced tools such as NLP

CHAPTER 4. GLOBAL LEGAL PROCESS OUTSOURCING MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL LEGAL PROCESS OUTSOURCING MARKET, BY SERVICE

5.1. Market Snapshot
5.2. Global Legal Process Outsourcing Market by Service, Performance - Potential Analysis
5.3. Global Legal Process Outsourcing Market Estimates & Forecasts by Service 2018-2027 (USD Billion)
5.4. Legal Process Outsourcing Market , Sub Segment Analysis
  5.4.1. Contract Drafting
  5.4.2. Compliance Assistance
  5.4.3. E-Discovery
  5.4.4. Review & Management
  5.4.5. Patent Support
  5.4.6. Litigation Support

CHAPTER 6. GLOBAL LEGAL PROCESS OUTSOURCING MARKET, BY LOCATION

a. Market Snapshot
6.1. Global Legal Process Outsourcing Market by Location, Performance - Potential Analysis
6.2. Global Legal Process Outsourcing Market Estimates & Forecasts by Location 2018-2027 (USD Billion)
6.3. Legal Process Outsourcing Market , Sub Segment Analysis
  6.3.1. Offshore
  6.3.2. Onshore

CHAPTER 7. GLOBAL LEGAL PROCESS OUTSOURCING MARKET , REGIONAL ANALYSIS

7.1. Legal Process Outsourcing Market , Regional Market Snapshot
7.2. North America Legal Process Outsourcing Market
  7.2.1. U.S. Legal Process Outsourcing Market
    7.2.1.1. Service breakdown estimates & forecasts, 2018-2027
    7.2.1.2. Location breakdown estimates & forecasts, 2018-2027
  7.2.2. Canada Legal Process Outsourcing Market
7.3. Europe Legal Process Outsourcing Market Snapshot
  7.3.1. U.K. Legal Process Outsourcing Market
  7.3.2. Germany Legal Process Outsourcing Market
  7.3.3. France Legal Process Outsourcing Market
  7.3.4. Spain Legal Process Outsourcing Market
  7.3.5. Italy Legal Process Outsourcing Market
  7.3.6. Rest of Europe Legal Process Outsourcing Market
7.4. Asia-Pacific Legal Process Outsourcing Market Snapshot
  7.4.1. China Legal Process Outsourcing Market
  7.4.2. India Legal Process Outsourcing Market
  7.4.3. Japan Legal Process Outsourcing Market
  7.4.4. Australia Legal Process Outsourcing Market
  7.4.5. South Korea Legal Process Outsourcing Market
  7.4.6. Rest of Asia Pacific Legal Process Outsourcing Market
7.5. Latin America Legal Process Outsourcing Market Snapshot
  7.5.1. Brazil Legal Process Outsourcing Market
  7.5.2. Mexico Legal Process Outsourcing Market
7.6. Rest of The World Legal Process Outsourcing Market

CHAPTER 8. COMPETITIVE INTELLIGENCE

8.1. Top Market Strategies
8.2. Company Profiles
  8.2.1. American Discovery
    8.2.1.1. Key Information
    8.2.1.2. Overview
    8.2.1.3. Financial (Subject to Data Availability)
    8.2.1.4. Product Summary
    8.2.1.5. Recent Developments
  8.2.2. Amstar Litigation Support
  8.2.3. Cobra Legal Solutions, LLC
  8.2.4. CPA Global Limited
  8.2.5. Elevate Services Inc.
  8.2.6. Infosys BPM Ltd.
  8.2.7. Integreon, Inc.
  8.2.8. Lex Outsourcing
  8.2.9. Mindcrest, Inc.
  8.2.10. QuisLex

CHAPTER 9. RESEARCH PROCESS

9.1. Research Process
  9.1.1. Data Mining
  9.1.2. Analysis
  9.1.3. Market Estimation
  9.1.4. Validation
  9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

LIST OF TABLES

TABLE 2. Global Legal Process Outsourcing Market , report scope
TABLE 3. Global Legal Process Outsourcing Market estimates & forecasts by region 2018-2027 (USD Billion)
TABLE 4. Global Legal Process Outsourcing Market estimates & forecasts by Service 2018-2027 (USD Billion)
TABLE 5. Global Legal Process Outsourcing Market estimates & forecasts by Location 2018-2027 (USD Billion)
TABLE 6. Global Legal Process Outsourcing Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 7. Global Legal Process Outsourcing Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 8. Global Legal Process Outsourcing Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 9. Global Legal Process Outsourcing Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 10. Global Legal Process Outsourcing Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 11. Global Legal Process Outsourcing Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 12. Global Legal Process Outsourcing Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 13. Global Legal Process Outsourcing Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 14. Global Legal Process Outsourcing Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 15. Global Legal Process Outsourcing Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 16. Global Legal Process Outsourcing Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 17. Global Legal Process Outsourcing Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 18. Global Legal Process Outsourcing Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 19. Global Legal Process Outsourcing Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 20. Global Legal Process Outsourcing Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 21. Global Legal Process Outsourcing Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 22. U.S. Legal Process Outsourcing Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 23. U.S. Legal Process Outsourcing Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 24. U.S. Legal Process Outsourcing Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 25. Canada Legal Process Outsourcing Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 26. Canada Legal Process Outsourcing Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 27. Canada Legal Process Outsourcing Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 28. UK Legal Process Outsourcing Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 29. UK Legal Process Outsourcing Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 30. UK Legal Process Outsourcing Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 31. Germany Legal Process Outsourcing Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 32. Germany Legal Process Outsourcing Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 33. Germany Legal Process Outsourcing Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 34. France Legal Process Outsourcing Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 35. France Legal Process Outsourcing Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 36. France Legal Process Outsourcing Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 37. Spain Legal Process Outsourcing Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 38. Spain Legal Process Outsourcing Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 39. Spain Legal Process Outsourcing Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 40. Italy Legal Process Outsourcing Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 41. Italy Legal Process Outsourcing Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 42. Italy Legal Process Outsourcing Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 43. ROE Legal Process Outsourcing Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 44. ROE Legal Process Outsourcing Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 45. ROE Legal Process Outsourcing Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 46. China Legal Process Outsourcing Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 47. China Legal Process Outsourcing Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 48. China Legal Process Outsourcing Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 49. India Legal Process Outsourcing Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 50. India Legal Process Outsourcing Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 51. India Legal Process Outsourcing Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 52. Japan Legal Process Outsourcing Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 53. Japan Legal Process Outsourcing Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 54. Japan Legal Process Outsourcing Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 55. Australia Legal Process Outsourcing Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 56. Australia Legal Process Outsourcing Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 57. Australia Legal Process Outsourcing Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 58. South Korea Legal Process Outsourcing Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 59. South Korea Legal Process Outsourcing Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 60. South Korea Legal Process Outsourcing Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 61. ROPAC Legal Process Outsourcing Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 62. ROPAC Legal Process Outsourcing Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 63. ROPAC Legal Process Outsourcing Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 64. Brazil Legal Process Outsourcing Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 65. Brazil Legal Process Outsourcing Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 66. Brazil Legal Process Outsourcing Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 67. Mexico Legal Process Outsourcing Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 68. Mexico Legal Process Outsourcing Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 69. Mexico Legal Process Outsourcing Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 70. ROLA Legal Process Outsourcing Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 71. ROLA Legal Process Outsourcing Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 72. ROLA Legal Process Outsourcing Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 73. ROW Legal Process Outsourcing Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 74. ROW Legal Process Outsourcing Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 75. ROW Legal Process Outsourcing Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 76. List of secondary sources used in the study of global Legal Process Outsourcing Market .
TABLE 77. List of primary sources used in the study of global Legal Process Outsourcing Market .
TABLE 78. Years considered for the study.
TABLE 79. Exchange rates considered.

LIST OF FIGURES

FIG 1. Global Legal Process Outsourcing Market , research methodology
FIG 2. Global Legal Process Outsourcing Market , market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Legal Process Outsourcing Market , key trends 2020
FIG 5. Global Legal Process Outsourcing Market , growth prospects 2021-2027
FIG 6. Global Legal Process Outsourcing Market , porters 5 force model
FIG 7. Global Legal Process Outsourcing Market , pest analysis
FIG 8. Global Legal Process Outsourcing Market , value chain analysis
FIG 9. Global Legal Process Outsourcing Market by segment, 2018 & 2027 (USD Billion)
FIG 10. Global Legal Process Outsourcing Market by segment, 2018 & 2027 (USD Billion)
FIG 11. Global Legal Process Outsourcing Market by segment, 2018 & 2027 (USD Billion)
FIG 12. Global Legal Process Outsourcing Market by segment, 2018 & 2027 (USD Billion)
FIG 13. Global Legal Process Outsourcing Market by segment, 2018 & 2027 (USD Billion)
FIG 14. Global Legal Process Outsourcing Market by segment, 2018 & 2027 (USD Billion)
FIG 15. Global Legal Process Outsourcing Market by segment, 2018 & 2027 (USD Billion)
FIG 16. Global Legal Process Outsourcing Market by segment, 2018 & 2027 (USD Billion)
FIG 17. Global Legal Process Outsourcing Market , regional snapshot 2018 & 2027
FIG 18. North America Legal Process Outsourcing Market 2018 & 2027 (USD Billion)
FIG 19. Europe Legal Process Outsourcing Market 2018 & 2027 (USD Billion)
FIG 20. Asia-Pacific Legal Process Outsourcing Market 2018 & 2027 (USD Billion)
FIG 21. Latin America Legal Process Outsourcing Market 2018 & 2027 (USD Billion)
FIG 22. Global Legal Process Outsourcing Market , company market share analysis (2020)


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