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Legal Process Outsourcing (LPO) Market Share

Report ID: GMI179
Published Date: Jun 2021
Report Format: PDF

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Legal Process Outsourcing Market Share

Players focus on expanding their regional presence to ensure high profitability and a stable position in the global LPO market. For instance, in April 2021, Evalueserve SEZ opened an office in Bucharest, Romania to expand its operations in Europe. The company aims to offer enhanced services to customers in Europe. Legal process outsourcing players are focusing on market expansion strategies to secure a stronger position in the regional industry by analyzing specific regulations in the concerned region.

Key players operating in the legal process outsourcing market include

Acumen Legal Services Pvt. Ltd.
ADEC Innovation
Amstar Litigation Support
BODHI Global Solutions
Clairvolex Knowledge Processes Pvt. Ltd.
Cobra Legal Solutions, LLC
Datascribe Technologies Inc.
Elevate Services Inc.
Evalueserve SEZ
Infosys Limited
Kensium BPO
LawScribe, Inc.
Lexplosion Solutions Pvt. Ltd.
Morae Global Corporation
Pangea3
Wipro Limited

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Legal process outsourcing industry size reached USD 8 billion in 2020 and is anticipated to expand at a 22% CAGR through 2027 with increasing demand for precise and affordable legal assistance.

The e-discovery market in the U.S. is likely to grow at a 25% CAGR up to 2027 led by robust demand for affordable e-discovery services that accelerate the review and analysis of electronically stored information (ESI).

Asia Pacific legal process outsourcing market captured over 55% revenue share in 2020 and will expand due to the growing number of law firms in Europe and North America outsourcing their legal services to offshore companies.

India legal process outsourcing industry share could expand at a 27% CAGR through 2027 driven by the growing number of highly qualified lawyers specializing in various legal sectors and possessing fluent English speaking skills.