Innovative Report on North America Legal Process Outsourcing Market Growing at CAGR of +34% by 2024

Thu Jan 10, 2019 - 1:00pm UTC

The North America Legal Process Outsourcing Market is projected to surpass USD 5 billion by 2024 due to the increasing requirements of legal companies to obtain services at lower prices.

India – January 10, 2019

The Graphical Research report provides a comprehensive analysis of the “North America Legal Process Outsourcing (LPO) Market By Service, By Location, Industry Analysis Report, Regional Outlook (U.S., Canada), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2024″.

The increase of workloads in law firms and governmental organizations will drive the adoption of these platforms in the U.S. on a large scale. These services provide cost savings, enhanced solutions to the legal problems, and improved service levels of the legal organizations, boosting the North America legal process outsourcing market growth. Companies in the region gain competitive advantages by outsourcing solutions and services to Asia Pacific countries including India, Taiwan, and other emerging economies at a very low cost.

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North America (LPO) Legal Process Outsourcing Market size valued at $640mn in 2017 and is projected expand at over CAGR of 34% from 2018 to 2024 as rising adoption of Internet-based activities in the legal sector will boost the industry growth.

Patent support services in the North America legal process outsourcing market are expected to grow at a high rate owing to the high demand for these services. The services offer patenting benefits to the consumers supporting the Intellectual Property Rights and its management. The U.S. major players are focused on outsourcing the patenting services to save the employee cost and engaging them in other important business operations.

The differentiating factor of North America (LPO) Legal Process Outsourcing market report by Graphical Research when compared with other, similar syndicated research studies includes a 360-degree synopsis of trends for a period of more than 10 years including historic information as well as future outlook. Business focused multiple trends for North America (LPO) Legal Process Outsourcing industry are discussed along with regional trends to offer an overall view of the market.

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Prominent players operating in the North America legal process outsourcing include Clairvolex, Morae Global Corporation, CPA Global, Exigent, Infosys Limited, Integreon, Inc., Legal Advantage LLC, Lex Outsourcing, QuisLex, Mindcrest, and UnitedLex. The major companies in the North America legal process outsourcing market focus on providing cheaper but high-quality legal services by setting up the operational centers in countries including India and the Philippines.

Segments We Cover:

North America Legal Process Outsourcing Market Share, By Service
Contract drafting
Compliance assistance
E-Discovery
Review & Management
Patent Support
Litigation Support
Others

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North America Legal Process Outsourcing Market Size, By Location
Offshore
Onshore

The above information is provided for the following countries:
U.S.
Canada

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Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

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Website: https://www.graphicalresearch.com/industry-insights/1035/north-america-legal-process-outsourcing-market

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