Legal process outsourcing involves procuring legal services from an external service provider. It is considered as a strategic decision taken by the law and corporate firms to outsource these services as the cost of legal proceeding is rising day by day. Outsourcing of legal process enables companies’ easy access to experienced and fresh talent on legal management while at the same time helps in building the companies’ core competencies.
Analysts forecast Global Legal Process Outsourcing Market to grow at a CAGR of 27.40 percent over the period 2014-2019.
The Global Legal Process Outsourcing market is categorized into seven segments: Contract Management Outsourcing, Electronic Discovery Services Outsourcing, Litigation Support Outsourcing, Legal Research Outsourcing, Review Services Outsourcing, IP Technical Support Outsourcing, and Others.
The Global Legal Process Outsourcing market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.
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Other Prominent Vendors
- Cobra Legal Solutions
- CPA Global
- Exigent Group
- HCL Technologies
- NewGalaxy Partners
- Legal Advantage
- WNS Holdings
- Significant Cost Reduction
- Conflict of Interest
- Integration of Predictive Coding
Key Questions Answered in this Report
- What will the market size be in 2019 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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