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市场调查报告书
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1300960

法律流程外包 (LPO) 市场规模、份额和趋势分析报告:按地点(离岸、在岸)、按服务、按地区、细分市场预测:2023-2030 年

Legal Process Outsourcing Market Size, Share & Trends Analysis Report By Location (Offshore, On-shore), By Service (E-discovery, Patent Support, Litigation Support), By Region, And Segment Forecasts, 2023 - 2030

出版日期: | 出版商: Grand View Research | 英文 115 Pages | 商品交期: 2-10个工作天内

价格

法律流程外包 (LPO) 市场增长和趋势

根据Grand View Research, Inc.最新报告,2023年至2030年,全球法律流程外包(LPO)市场规模将以31.4%的复合年增长率增长,预计将达到1178.9亿美元。

法律流程外包商以低成本为律师事务所和法律机构提供法律支持。 儘管外包给法律流程外包 (LPO) 提供商的工作主要以流程为导向,但也有一些利基 LPO 提供需要相当复杂的分析技能的法律服务。 此类工作包括起草专利申请和法律研究,并需要接受客户的培训。

随着LPO提供商数量的大幅增加,LPO行业逐年显着发展。 目前,服务由 LPO 提供,员工遍布英国、美国、南美、菲律宾和加拿大。 此外,公司已从小型精品供应商扩展到业务流程外包、全球咨询和技术公司。 随着 LPO 公司进入市场以及现有企业扩大其能力,客户选择最适合其需求的 LPO 提供商变得更加重要。

此外,离岸外包也被广泛采用。 预测期内,在岸外包的需求预计将增加,复合年增长率约为 34.0%。 对于喜欢与同一国家/地区的组织合作的公司来说,境内外包是一个有吸引力的解决方案。 外包给同一国家的公司还具有共享监管框架的优势。

一个显着的行业趋势是偏爱在岸外包解决方案,以实现更好的控制和安全性。 除了增强控制和安全性之外,在岸外包还具有共享监管框架的优势。 此外,由于利益相关者对以独特和创新的方式提供高效且具有成本效益的服务的需求不断增加,利用陆上地点提供LPO服务等先进服务交付模式正在被采用。 大多数 LPO 服务提供商都拥有自动化解决方案,可以在文檔中实现高效的语言处理和搜索。 由于一些企业组织的法律部门缺乏自动化和集成技术解决方案,需要深入文件验证的关键法律任务被外包给LPO。

随着科技深入渗透到内部运营,人工智能(AI)也是推动法律行业迈上新台阶的因素之一。 为了提高效率和缩短时间,人工智能驱动的软件解决方案是律师事务所的首要考虑因素。 在自动化软件的帮助下,文檔的编写和校对可以高效地完成。 团队协作软件进一步简化了所有文檔创建流程的执行。 所有这些发展和技术的意义在于通过降低成本和提高便利性来增加LPO的价值。

市场上有几家公司专注于推出利用数据科学和人工智能的创新解决方案。 2022 年 10 月,UnitedLex 宣布推出首个 CDaaS(合同数据即服务)。 结合数据科学、技术和专家评审,将繁琐合同的法律术语转化为有利于业务决策、确保合规性、提高盈利能力并降低风险的精选数据。 新解决方案基于该公司专有的合同数据模型,包含 1,400 多个结构化合同职位,并提供关键任务洞察和数据挖掘功能。

法律流程外包 (LPO) 市场报告亮点

  • 美国、英国和印度可能发生的规则变化预计将加强对外包合同的审查。
  • 按地区划分,预计 2023 年至 2030 年陆上复合年增长率将超过 34.0%。
  • 按服务划分,2022 年专利支持业务占收入份额近 23.0%。 在此背景下,企业利用法律服务保护自身技术和发明的意识日益增强。
  • LPO 提供商主要专注于在印度、菲律宾和南非等新兴市场建立后台办公室和中心。
  • 律师事务所开始实施文檔自动化和 NLP(自然语言处理)功能,为法律行业改革做出重大贡献。
  • 不同地区的法律法规各不相同,这为寻求外包法律服务的谨慎公司造成了障碍。

内容

第一章调查方法及范围

  • 市场细分和范围
  • 市场定义
  • 信息获取
    • 购买的数据库
    • GVR 内部数据库
    • 二手信息和第三方观点
    • 初步调查
  • 信息分析
    • 数据分析模型
  • 市场形成和数据可视化
  • 验证和发布数据

第 2 章执行摘要

  • LPO市场前景
  • 按 LPO 细分市场进行的预测
  • LPO-竞争前景

第三章法律流程外包 (LPO) 行业展望

  • 市场体系展望
  • LPO-价值链分析
  • LPO 市场动态
    • 市场驱动因素分析
    • 市场製约因素分析
  • 2022 年 LPO 公司的市场份额
  • 技术和法律服务
  • 行业分析工具
    • 波特的分析
    • 宏观经济分析

第 4 章法律流程外包 (LPO) 市场定位估算和趋势分析

  • 2022 年和 2030 年按地点划分的变化分析和市场份额
  • 按地点
    • 离岸外包
    • 在岸外包

第五章法律流程外包(LPO)市场服务估算及趋势分析

  • 2022 年和 2030 年服务变化分析和市场份额
  • 按服务
    • 创建合同
    • 审核和审核
    • 合规支持
    • 电子取证
    • 诉讼支持
    • 专利支持
    • 其他 LPO 服务

第六章法律流程外包(LPO)市场区域估算及趋势分析

  • 法律流程外包 (LPO) 市场:区域展望
  • 2022 年和 2030 年按地区划分的法律流程外包 (LPO) 市场份额
  • 北美
    • 按地点划分,2018-2030 年
    • 按服务划分,2018-2030 年
    • 美国
    • 加拿大
    • 墨西哥
  • 欧洲
    • 按地点划分,2018-2030 年
    • 按服务划分,2018-2030 年
    • 英国
    • 德国
  • 亚太地区
    • 按地点划分,2018-2030 年
    • 按服务划分,2018-2030 年
    • 中国
    • 印度
    • 菲律宾
  • 拉丁美洲
    • 按地点划分,2018-2030 年
    • 按服务划分,2018-2030 年
    • 巴西
  • 中东和非洲
    • 按地点划分,2018-2030 年
    • 按服务划分,2018-2030 年

第 8 章竞争格局

  • 主要参赛者
    • Clairvolex
    • Evalueserve
    • Integreon Managed Solutions Inc.
    • Clutch Group
    • Cobra Legal Solutions LLC
    • CPA Global Ltd.
    • Exigent
    • Infosys Ltd
    • Legal Advantage LLC
    • Lexsphere Pvt. Ltd.
    • Lexplosion Solutions Pvt. Ltd.
    • Lex Outsourcing
    • Mindcrest Inc.
    • Pangea3
    • QuisLex Inc.
    • UnitedLex
  • 近期发展和影响:主要市场进入者
  • 公司分类
  • 参与公司概览
  • 财务业绩
  • 产品基准
  • 公司热力图分析
  • 2022 年公司市场份额分析
  • 战略规划
    • 扩展名
    • 併购
    • 合作
    • 推出新产品
    • 研究与开发
Product Code: 978-1-68038-109-2

Legal Process Outsourcing Market Growth & Trends

The global legal process outsourcing market size is estimated to reach USD 117.89 billion by 2030, registering growth at a CAGR of 31.4% from 2023 to 2030, according to a new report by Grand View Research, Inc. A legal process outsourcer provides legal support to law firms and legal organizations at a lesser cost. Even though the work outsourced to legal process outsourcing (LPO) providers is primarily process-oriented, there are several niche LPOs that carry out legal services with considerably high levels of analytical skills. These tasks include patent application drafting, and legal research, subject to training imparted by the clients.

The LPO industry has developed significantly over the years as the number of LPO providers has grown considerably. Currently, the services are delivered from the LPOs with staff in England, the U.S., South America, the Philippines, and Canada. Moreover, the players have expanded from small boutique providers to business process outsourcing, global consulting, and technology firms. As the LPO players enter the market and the existing players expand their capabilities, it becomes more crucial for the customers to choose an LPO provider best suited to their requirements.

Furthermore, offshore outsourcing has been employed to a large extent, and demand for onshore outsourcing is expected to increase during the forecast period; the segment is expected to grow at a CAGR of around 34.0% over the forecast period. On-shore outsourcing is an attractive solution for companies that prefer to collaborate with organizations in the same country. Outsourcing to companies in the same country also provides advantages such as a shared regulatory framework.

Notable industry trends include preference towards on-shore outsourced solutions for better control and security. In addition to enhanced control and security, on-shore outsourcing also provides the advantage of a shared regulatory framework. Furthermore, increased demand by stakeholders for delivering efficient, cost-effective services with the help of unique and innovative methods has resulted in the use of advanced service delivery models, including the use of on-shore locations to deliver LPO services. A majority of LPO service providers have automated solutions that enable efficient language processing and searching within documents. As the legal departments of several corporate organizations lack automation and integrated technology solutions, critical legal tasks, which require detailed document verification, are outsourced to LPOs.

With technology penetrating deeply in internal operations, Artificial Intelligence (AI) is another factor taking the legal industry to a new level. The software solutions enabled with AI capabilities have garnered the utmost importance among law firms to enhance their efficiency and reduce timelines. Document production and proofreading of documents are efficiently done with the help of automation software. Team collaboration software is further streamlining the execution of all documentation processes. The significance of all these developments and technologies has attributed to a greater value to the LPOs by decreasing their costs and increasing convenience.

Several companies operating in the market is focusing on introducing innovative solutions powered by data science and AI. In October 2022 UnitedLex, launched a first-ever Contract Data as a Service (CDaaS). It combines data science, technology, and expert review, for converting tedious contract legalese into organized data that facilitates business decisions, ensures compliance, increases profitability, and reduces risk. Based on the company's own Contract Data Model, this new solution consists of over 1,400 structured contract positions, which offers mission-critical insights and data mining capabilities.

Legal Process Outsourcing Market Report Highlights

  • Outsourcing agreements are expected to be placed under increased scrutiny owing to the potential for rule changes in the U.S., U.K., and India
  • In terms of location, on-shore segment is estimated to record a CAGR of over 34.0% from 2023 to 2030 as this outsourcing types serves as an attractive solution for companies that prefer to collaborate with organizations in the same country
  • In terms of service, patent support segment had accounted for a revenue share of nearly 23.0% in 2022. This can be credited to the growing awareness among organizations to hire legal services to protect their technology and inventions
  • LPO providers primarily focus on the establishment of back offices or centers in emerging markets of India, the Philippines, and South Africa, among others
  • Law firms have started deploying document automation and NLP (Natural Language Processing) capabilities to cater significantly to the reinvention of the legal industry
  • Legal regulations differ geographically, which is viewed as a barrier by cautious organizations considering the outsourcing of legal services

Table of Contents

Chapter 1 Methodology and Scope

  • 1.1 Market Segmentation and Scope
  • 1.2 Market Definition
  • 1.3 Information Procurement
    • 1.3.1 Purchased Database
    • 1.3.2 GVR's Internal Database
    • 1.3.3 Secondary Sources and Third-Party Perspectives
    • 1.3.4 Primary Research
  • 1.4 Information Analysis
    • 1.4.1 Data Analysis Models
  • 1.5 Market Formulation & Data Visualization
  • 1.6 Data Validation & Publishing

Chapter 2 Executive Summary

  • 2.1 LPO-Market Outlook
  • 2.2 LPO-Segmental Outlook
  • 2.3 LPO-Competitive Landscape Outlook

Chapter 3 Legal Process Outsourcing Industry Outlook

  • 3.1 Market Lineage Outlook
  • 3.2 LPO-Value Chain Analysis
  • 3.3 LPO Market dynamics
    • 3.3.1 Market driver analysis
      • 3.3.1.1 Cost efficiency
      • 3.3.1.2 Effective utilization of resources
    • 3.3.2 Market restraint analysis
      • 3.3.2.1 Confidentiality risk
  • 3.4 LPO Company Market Share, 2022
  • 3.5 Technology & Legal Services
  • 3.6 Industry Analysis Tools
    • 3.6.1 PORTER'S Analysis
    • 3.6.2 MACROECONOMIC Analysis

Chapter 4 Legal Process Outsourcing Market Location Estimates & Trend Analysis

  • 4.1 Location Movement Analysis & Market Share, 2022 & 2030
  • 4.2 Legal Process Outsourcing Estimates & Forecast, By Location (USD Million)
    • 4.2.1 Offshore outsourcing
    • 4.2.2 On-shore outsourcing

Chapter 5 Legal Process Outsourcing Market Service Estimates and Trend Analysis

  • 5.1 Service Movement Analysis & Market Share, 2022 & 2030
  • 5.2 Legal Process Outsourcing Estimates & Forecast, By Service (USD Million)
    • 5.2.1 Contract Drafting
    • 5.2.2 Review and management
    • 5.2.3 Compliance assistance
    • 5.2.4 E-discovery
    • 5.2.5 Litigation support
    • 5.2.6 Patent support
    • 5.2.7 Other LPO services

Chapter 6 Legal Process Outsourcing Market Regional Estimates & Trend Analysis

  • 6.1 Legal Process Outsourcingmercial UAV Market: Regional Outlook
  • 6.2 Legal Process Outsourcing Market Share by Region, 2022 & 2030
  • 6.3 North America
    • 6.3.1 Market estimates & forecasts by location, 2018 - 2030 (Revenue, USD Million)
    • 6.3.2 Market estimates & forecasts by service, 2018 - 2030 (Revenue, USD Million)
    • 6.3.4 U.S.
      • 6.3.4.1 Market estimates & forecasts by location, 2018 - 2030 (Revenue, USD Million)
      • 6.3.4.2 Market estimates & forecasts by service, 2018 - 2030 (Revenue, USD Million)
    • 6.3.5 Canada
      • 6.3.5.1 Market estimates & forecasts by location, 2018 - 2030 (Revenue, USD Million)
      • 6.3.5.2 Market estimates & forecasts by service, 2018 - 2030 (Revenue, USD Million)
    • 6.3.6 Mexico
      • 6.3.6.1 Market estimates & forecasts by location, 2018 - 2030 (Revenue, USD Million)
      • 6.3.6.2 Market estimates & forecasts by service, 2018 - 2030 (Revenue, USD Million)
  • 6.4 Europe
    • 6.4.1 Market estimates & forecasts by location, 2018 - 2030 (Revenue, USD Million)
    • 6.4.2 Market estimates & forecasts by service, 2018 - 2030 (Revenue, USD Million)
    • 6.4.3 U.K.
      • 6.4.3.1 Market estimates & forecasts by location, 2018 - 2030 (Revenue, USD Million)
      • 6.4.3.2 Market estimates & forecasts by service, 2018 - 2030 (Revenue, USD Million)
    • 6.4.4 Germany
      • 6.4.4.1 Market estimates & forecasts by location, 2018 - 2030 (Revenue, USD Million)
      • 6.4.4.2 Market estimates & forecasts by service, 2018 - 2030 (Revenue, USD Million)
  • 6.5 Asia Pacific
    • 6.5.1 Market estimates & forecasts by location, 2018 - 2030 (Revenue, USD Million)
    • 6.5.2 Market estimates & forecasts by service, 2018 - 2030 (Revenue, USD Million)
    • 6.5.3 China
      • 6.5.3.1 Market estimates & forecasts by location, 2018 - 2030 (Revenue, USD Million)
      • 6.5.3.2 Market estimates & forecasts by service, 2018 - 2030 (Revenue, USD Million)
    • 6.5.4 India
      • 6.5.4.1 Market estimates & forecasts by location, 2018 - 2030 (Revenue, USD Million)
      • 6.5.4.2 Market estimates & forecasts by service, 2018 - 2030 (Revenue, USD Million)
    • 6.5.5 Philippines
      • 6.5.5.1 Market estimates & forecasts by location, 2018 - 2030 (Revenue, USD Million)
      • 6.5.5.2 Market estimates & forecasts by service, 2018 - 2030 (Revenue, USD Million)
  • 6.6 Latin America
    • 6.6.1 Market estimates & forecasts by location, 2018 - 2030 (Revenue, USD Million)
    • 6.6.2 Market estimates & forecasts by service, 2018 - 2030 (Revenue, USD Million)
    • 6.6.3 Brazil
      • 6.6.3.1 Market estimates & forecasts by location, 2018 - 2030 (Revenue, USD Million)
      • 6.6.3.2 Market estimates & forecasts by service, 2018 - 2030 (Revenue, USD Million)
  • 6.7 MEA
    • 6.7.1 Market estimates & forecasts by location, 2018 - 2030 (Revenue, USD Million)
    • 6.7.2 Market estimates & forecasts by service, 2018 - 2030 (Revenue, USD Million)

Chapter 8 Competitive Landscape

  • 8.1 Key Participants
    • 8.1.1 Clairvolex
    • 8.1.2 Evalueserve
    • 8.1.3 Integreon Managed Solutions Inc.
    • 8.1.4 Clutch Group
    • 8.1.5 Cobra Legal Solutions LLC
    • 8.1.6 CPA Global Ltd.
    • 8.1.7 Exigent
    • 8.1.8 Infosys Ltd
    • 8.1.9 Legal Advantage LLC
    • 8.1.10 Lexsphere Pvt. Ltd.
    • 8.1.11 Lexplosion Solutions Pvt. Ltd.
    • 8.1.12 Lex Outsourcing
    • 8.1.13 Mindcrest Inc.
    • 8.1.14 Pangea3
    • 8.1.15 QuisLex Inc.
    • 8.1.16 UnitedLex
  • 8.2 Recent Development & Impact, By Key Market Participants
  • 8.3 Company Categorization
  • 8.4 Participant's Overview
  • 8.5 Financial Performance
  • 8.6 Product Benchmarking
  • 8.7 Company Heat Map Analysis
  • 8.8 Company Market Share Analysis, 2022
  • 8.9 Strategy Mapping
    • 8.9.1 Expansion
    • 8.9.2 Mergers & acquisition
    • 8.9.3 Collaborations
    • 8.9.4 New product launches
    • 8.9.4 Research & Development

List of Tables

  • Table 1 Legal Process Outsourcing Market Revenue Estimates and Forecast, By Location, 2018 - 2030 (USD Million)
  • Table 2 Legal Process Outsourcing Market Revenue Estimates and Forecast, By Service, 2018 - 2030 (USD Million)
  • Table 3 Recent Developments & Impact Analysis, By Key Market Participants
  • Table 4 Key company categorization
  • Table 5 Company Heat Map Analysis
  • Table 6 Key companies undergoing expansions
  • Table 7 Key companies involved in mergers and acquisitions
  • Table 8 Key companies undergoing collaborations
  • Table 9 Key companies launching new products
  • Table 10 Key Companies undertaking R&D activities

List of Figures

  • Fig. 1 Legal Process Outsourcing Market Segmentation
  • Fig. 2 Information Procurement
  • Fig. 3 Data Analysis Models
  • Fig. 4 Market Formulation and Validation
  • Fig. 5 Data Validating & Publishing
  • Fig. 6 Market Snapshot
  • Fig. 7 Segment Snapshot
  • Fig. 8 Competitive Landscape Snapshot
  • Fig. 9 Legal Process Outsourcing Market Value, 2022 (USD Million)
  • Fig. 10 Legal Process Outsourcing - Industry Value Chain Analysis
  • Fig. 11 Legal Process Outsourcing Market Dynamics
  • Fig. 12 Key Market Driver Impact
  • Fig. 13 Key Market Restraint Impact
  • Fig. 14 Legal Process Outsourcing Market: PORTER's Five Forces Analysis
  • Fig. 15 Legal Process Outsourcing Market: Macroeconomic Analysis
  • Fig. 16 Legal Process Outsourcing Market, by Location, Key Takeaways
  • Fig. 17 Location movement analysis & market share, 2022 & 2030 (USD Million)
  • Fig. 18 Legal Process Outsourcing Market, by Service, Key Takeaways
  • Fig. 19 Service movement analysis & market share, 2022 & 2030 (USD Million)
  • Fig. 20 Regional market size estimates & forecasts, 2022 & 2030 (USD Million)
  • Fig. 21 Regional movement analysis & market share, 2022 & 2030 (USD Million)
  • Fig. 22 Key Company Categorization
  • Fig. 23 Company Market Share Analysis, 2022
  • Fig. 24 Strategic framework