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Press Release:

Global Legal Process Outsourcing Market to Reach US$ 61.71 Billion by 2027, Impelled by Widespread Integration with Advanced Technologies

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Legal Process Outsourcing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global legal process outsourcing market reached a value of US$ 11.61 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 61.71 Billion by 2027, exhibiting at a CAGR of 30.50% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

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.

 

 
 

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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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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, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on location, services, organization size and end use industry.

Breakup by Location:

 

 
 

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  • 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:

 

 
 

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  • 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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Location, Services, Organization Size, End Use Industry, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global legal process outsourcing market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global legal process outsourcing market?
  • What are the key regional markets?
  • What is the breakup of the market based on the location?
  • What is the breakup of the market based on the services?
  • What is the breakup of the market based on the organization size?
  • What is the breakup of the market based on the end use industry?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global legal process outsourcing market and who are the key players?
  • What is the degree of competition in the industry?

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

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$), 2016-2021
Figure 3: Global: Legal Process Outsourcing Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Legal Process Outsourcing Market: Breakup by Location (in %), 2021
Figure 5: Global: Legal Process Outsourcing Market: Breakup by Services (in %), 2021
Figure 6: Global: Legal Process Outsourcing Market: Breakup by Organization Size (in %), 2021
Figure 7: Global: Legal Process Outsourcing Market: Breakup by End Use Industry (in %), 2021
Figure 8: Global: Legal Process Outsourcing Market: Breakup by Region (in %), 2021
Figure 9: Global: Legal Process Outsourcing (Offshore) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Legal Process Outsourcing (Offshore) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Legal Process Outsourcing (Onshore) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Legal Process Outsourcing (Onshore) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Legal Process Outsourcing (Contract Drafting) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Legal Process Outsourcing (Contract Drafting) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Legal Process Outsourcing (Review and Management) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Legal Process Outsourcing (Review and Management) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Legal Process Outsourcing (Compliance Assistance) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Legal Process Outsourcing (Compliance Assistance) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Legal Process Outsourcing (eDiscovery) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Legal Process Outsourcing (eDiscovery) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Legal Process Outsourcing (Litigation Support) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Legal Process Outsourcing (Litigation Support) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Legal Process Outsourcing (Patent Support) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Legal Process Outsourcing (Patent Support) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Legal Process Outsourcing (Other Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Legal Process Outsourcing (Other Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Legal Process Outsourcing (Small and Medium-sized Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Legal Process Outsourcing (Small and Medium-sized Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Legal Process Outsourcing (Large Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Legal Process Outsourcing (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Legal Process Outsourcing (BFSI) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Legal Process Outsourcing (BFSI) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Legal Process Outsourcing (Government) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Legal Process Outsourcing (Government) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: Legal Process Outsourcing (Automotive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: Legal Process Outsourcing (Automotive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Global: Legal Process Outsourcing (Healthcare and Life Sciences) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Global: Legal Process Outsourcing (Healthcare and Life Sciences) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Global: Legal Process Outsourcing (Other End Use Industries) Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Global: Legal Process Outsourcing (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: North America: Legal Process Outsourcing Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: North America: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: United States: Legal Process Outsourcing Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: United States: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Canada: Legal Process Outsourcing Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Canada: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Asia-Pacific: Legal Process Outsourcing Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Asia-Pacific: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: China: Legal Process Outsourcing Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: China: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Japan: Legal Process Outsourcing Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Japan: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: India: Legal Process Outsourcing Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: India: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: South Korea: Legal Process Outsourcing Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: South Korea: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Australia: Legal Process Outsourcing Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Australia: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Indonesia: Legal Process Outsourcing Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Indonesia: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Others: Legal Process Outsourcing Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Others: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Europe: Legal Process Outsourcing Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Europe: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Germany: Legal Process Outsourcing Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Germany: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: France: Legal Process Outsourcing Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: France: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: United Kingdom: Legal Process Outsourcing Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: United Kingdom: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Italy: Legal Process Outsourcing Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Italy: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Spain: Legal Process Outsourcing Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Spain: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Russia: Legal Process Outsourcing Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Russia: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Others: Legal Process Outsourcing Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Others: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Latin America: Legal Process Outsourcing Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Latin America: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Brazil: Legal Process Outsourcing Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Brazil: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Mexico: Legal Process Outsourcing Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: Mexico: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Others: Legal Process Outsourcing Market: Sales Value (in Million US$), 2016 & 2021
Figure 86: Others: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: Middle East and Africa: Legal Process Outsourcing Market: Sales Value (in Million US$), 2016 & 2021
Figure 88: Middle East and Africa: Legal Process Outsourcing Market: Breakup by Country (in %), 2021
Figure 89: Middle East and Africa: Legal Process Outsourcing Market Forecast: Sales Value (in Million US$), 2022-2027
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, 2021 and 2027
Table 2: Global: Legal Process Outsourcing Market Forecast: Breakup by Location (in Million US$), 2022-2027
Table 3: Global: Legal Process Outsourcing Market Forecast: Breakup by Services (in Million US$), 2022-2027
Table 4: Global: Legal Process Outsourcing Market Forecast: Breakup by Organization Size (in Million US$), 2022-2027
Table 5: Global: Legal Process Outsourcing Market Forecast: Breakup by End Use Industry (in Million US$), 2022-2027
Table 6: Global: Legal Process Outsourcing Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Legal Process Outsourcing Market: Competitive Structure
Table 8: Global: Legal Process Outsourcing Market: Key Players


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