Monday, September 3, 2012

Global Legal Process Outsourcing (LPO) Industry - Business Review ...

NEW YORK, Sept. 3, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

Global Legal Process Outsourcing (LPO) Industry

http://www.reportlinker.com/p0960406/Global-Legal-Process-Outsourcing-LPO-Industry.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Legal_Services

This report analyzes the worldwide markets for Legal Process Outsourcing (LPO) in US$ Million. The report provides separate comprehensive analytics for India, Philippines, and Rest of World. Annual estimates and forecasts are provided for the period 2009 through 2018. The report profiles 75 companies including many key and niche players such as Accentia Technologies Ltd., American Discovery, Inc., Amstar Litigation Support, Bodhi Global Services (P) Ltd., Clutch Group, Cobra Legal Solutions, LLC, CPA Global Limited, Evalueserve, Ltd., Infosys Technologies Ltd., Integreon, Mindcrest, Inc., Pangea3, LLC, QuisLex, SDD Global Solutions Pvt. Ltd., UnitedLex Corporation, and Wipro IT. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based upon search engine sources in the public domain.

I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations I-1

Disclaimers I-2

Data Interpretation & Reporting Level I-2

Quantitative Techniques & Analytics I-3

Product Definitions and Scope of Study I-3

II. EXECUTIVE SUMMARY

1. INDUSTRY OVERVIEW II-1

A Prelude II-1

Current and Future Analysis II-1

A Snapshot of Global LPO Industry II-2

Law Firms Increasingly Adopt Outsourcing Models II-2

LPO Industry Flourishes II-2

Major Countries Involved in LPO II-3

Market Drivers II-3

Market Challenges II-3

Instability of Host Nation Keeps Law Firms on Thin Ice II-4

LPO Hubs to Face Tough Competition from Onshore Rural

Outsourcing Zones II-4

Significant Trends in the Global LPO Industry II-5

Geographic Perspective II-5

India - A Key Destination for Offshore Legal Services II-5

European Firms Increasingly Opt for LPO II-5

China Seeks to Attract LPO Work II-5

LPO Services in Philippines to Witness Expansion II-6

Mauritius Emerges as New LPO Destination II-6

Industry Perspective II-7

Changes in the Law Industry Transform LPO II-7

Legal Administrative and Secretarial Functions Gain Grip II-7

Complex Processes Added to Paralegal Outsourcing II-7

Integrated Technology Enabled Solutions Revolutionize

Contract and Litigation Processes II-8

LPO Industry Witnesses Rampant Consolidation Activity II-8

Negative Sentiments of US Policymakers Expected to Hurt LPO

Industry II-8

Legal Process Outsourcing to Restructure Law Practices Globally II-9

Onshore Legal Outsourcing Also Popular with Large Companies II-9

2. LEGAL PROCESS OUTSOURCING: AN OVERVIEW II-10

Legal Process Outsourcing: An Introduction II-10

Types of LPO Services II-10

Legal Research II-10

Legal Writing II-10

Document Modeling II-11

Others II-11

Important Terms Related to Legal Process Outsourcing II-11

Diversity in LPO Services II-13

Legal Processes Requiring Low Level Qualitative Skill II-14

Legal Processes Requiring High Qualitative Expertise II-14

Types of LPO Service Providers II-14

Categorization by Terms of Service II-14

Full KPO/BPO Service Providers II-14

Full Spectrum LPO Service Providers II-14

Legal Support Service Providers II-15

Categorization by Structure of LPOs II-15

Captive Centers II-15

Third-Party Multi-Service Vendors II-15

Third-Party LPOs II-15

Advantages II-15

Limitations of Legal Process Outsourcing II-16

Ethical Implications Related to LPO II-17

3. RECENT INDUSTRY ACTIVITY II-19

Lex Forska Solutions Enters into Alliance with Shah Peerally

Law Group II-19

CPA Global Collaborates with ICEBERG Innovation Partners II-19

Farrer Inks Agreement with Integreon II-19

Seclore and KLexServe Enter into Strategic Partnership II-20

SFL Data and Cobra Legal Solutions Enter into Strategic Alliance II-20

Thomson Reuters Introduces Online Legal Research Service in

Brazil II-20

JUDICATA Introduces LPO Service II-21

Accentia Technologies to Foray into Legal Process Outsourcing II-21

Advent Lawyers and Pangea3 Form Alliance II-21

UnitedLex and Bristol-Myers Squibb Ink Agreement II-21

British Telecom Selects UnitedLex II-21

Thomson Reuters Takes Over Pangea3 II-22

UnitedLex Acquires LawScribe II-22

Intermediate Capital Group Acquires Minority Interest in CPA

Global II-22

Pangea3 Establishes New Facility in Noida II-22

Pangea3 to Establish a New Center II-23

Overlegen Services Sets Up New Office in Austin II-23

Cobra Legal Solutions Enters into Strategic Partnership with

LDM Global II-23

IDS Legal Enters into Partnership with H3 Consulting II-23

Mahindra Satyam BPO Partners with Direct Channel Holding II-24

Integreon Inks Agreement with CMS Cameron McKenna II-24

Actis Acquires Minority Interest in Integreon II-25

Microsoft Collaborates with Integreon II-25

4. SELECT GLOBAL PLAYERS II-26

Accentia Technologies Ltd. (India) II-26

American Discovery, Inc. (The Philippines) II-26

Amstar Litigation Support (US) II-26

Bodhi Global Services (P) Ltd. (India) II-26

Clutch Group (US) II-27

Cobra Legal Solutions, LLC (US) II-27

CPA Global Limited (UK) II-27

Evalueserve, Ltd. (Romania) II-27

Infosys Technologies Ltd. (India) II-28

Integreon (US) II-28

Mindcrest, Inc. (US) II-28

Pangea3, LLC (US) II-28

QuisLex (US) II-28

SDD Global Solutions Pvt. Ltd. (US) II-29

UnitedLex Corporation (US) II-29

Wipro IT (India) II-29

5. GLOBAL MARKET PERSPECTIVE II-30

Table 1: World Recent Past, Current and Future Analysis for

Legal Process Outsourcing by Geographic Region - India, the

Philippines and Rest of World Markets Independently Analyzed

with Annual Sales Figures in US$ Million for Years 2009

through 2018 (includes corresponding Graph/Chart) II-30

Table 2: World 10-Year Perspective for Legal Process

Outsourcing by Geographic Region - Percentage Breakdown of

Dollar Sales for India, the Philippines and Rest of World

Markets for Years 2009, 2012 and 2018 (includes corresponding

Graph/Chart) II-31

III. MARKET

1. INDIA III-1

A.Market Analysis III-1

India - The Top Destination for Global Legal Process

Outsourcin III-1

Key Markets Addressed III-1

Transformation in the Legal Services Market: A Retrospect III-2

Structure of Indian LPO Industry III-2

Classification Based on Type of Vendors III-2

Classification Based on Value of Work III-2

Classification Based on Value of Work III-2

Growth Propelling Factors for Indian LPOs III-3

Cost Benefits III-3

Superior Quality III-3

Productivity III-3

Indian Government Policies III-3

Notable Trends III-4

High-end LPO Processes Gain Ground in India III-4

Indian LPO Market Continues to Outpace China III-4

On a Recruiting Spree III-4

Indian LPOs Eye Japanese and South Korean Markets for New

Business Prospects III-4

Australian and European Markets Captures the Interest of

India-based LPOs III-5

India to Face Competition from Growing South African LPO

Industry III-5

LPO Sector Dispels Recession III-5

Quality of Service and Data Confidentiality - Key

Challenges Ahead III-6

Key Players III-6

B.Market Analytics III-8

Table 3: Indian Recent Past, Current and Future Analysis for

Legal Process Outsourcing with Annual Sales Figures in US$

Million for Years 2009 through 2018 (includes corresponding

Graph/Chart) III-8

2. THE PHILIPPINES III-9

A.Market Analysis III-9

Legal Process Outsourcing in the Philippines: Overview III-9

American Discovery - A Key Player III-9

B.Market Analytics III-10

Table 4: Philippine Recent Past, Current and Future Analysis

for Legal Process Outsourcing with Annual Sales Figures in

US$ Million for Years 2009 through 2018 (includes

corresponding Graph/Chart) III-10

3. REST OF WORLD III-11

A.Market Analysis III-11

Current & Future Analysis III-11

Legal Process Outsourcing in the US III-11

Canadian LPO Industry III-12

Key Players III-12

B.Market Analytics III-15

Table 5: Rest of World Recent Past, Current and Future

Analysis for Legal Process Outsourcing with Annual Sales

Figures in US$ Million for Years 2009 through 2018 (includes

corresponding Graph/Chart) III-15

IV. COMPETITIVE LANDSCAPE

Total Companies Profiled: 75 (including Divisions/Subsidiaries - 76)

The United States (25)

Canada (1)

Europe (7)

- The United Kingdom (4)

- Rest of Europe (3)

Asia-Pacific (Excluding Japan) (41)

Latin America (1)

Africa (1)

To order this report:

Legal_Services Industry: Global Legal Process Outsourcing (LPO) Industry

__________________________

Contact Nicolas: nicolasbombourg@reportlinker.com

US: (805)-652-2626

Intl: +1 805-652-2626

SOURCE Reportlinker

Source: http://www.businessreviewusa.com/press_releases/global-legal-process-outsourcing-lpo-industry

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