expected to be moved offshore by 2015 . As the allocated tasks are usually repetitive , LPO providers work with set protocols and Key Performance Indicators ( KPI ) in place . LPO firms utilize low-cost workers and automated software as well asupdate repetitive tasks that involve significant documentation and paperwork .
Further key findings from the report suggest :
Offshore outsourcing is expected to grow at a CAGR of over 30 % from 2016 to 2024 , owing to the increased demand for these services in India and the Philippines
Litigation support is anticipated to gain prominence , accounting for over 20 % of the revenue share by 2024 , as most of the firms hire outside consultants for expert investigative litigation support in order to win high profile cases
Some of the key players in the legal process outsourcing market include Axiom Law , Elevate Services Inc ., Pangea3 LLC , UnitedLex Corporation , and IntegreonInc .
In order to strengthen the foothold in the market , a majority of LPO providers are maintaining their physical presence in the U . S . along with back offices in the Asia Pacific region
Read Sample report of this Category : http :// www . radiantinsights . com / catalog / technology-and-media
Table of Contents
Chapter 1 Methodology and Scope 1.1 Research Methodology 1.2 Research Scope & Assumptions 1.3 List of Data Sources Chapter 2 Executive Summary Chapter 3 Market Snapshot
3.1 LPO - Market Snapshot & Key Buying Criteria , 2014 - 2024
Chapter 4 LPO Industry Outlook
4.1 Market Segmentation & Scope 4.2 LPO Market Size and Growth Prospects 4.3 LPO - Value Chain Analysis
Follow Us :