Legal Process Outsourcing headed for better times

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Legal Process Outsourcing headed for better times

The niche legal services outsourcing market which grew at 50% in 2006 is headed for better times. From a $146 million market today, the LPO industry is expected to make $640 million by 2010. The number of people employed in the LPO sector is also slated to grow from 7500 to 32,000 in the next three years. According to a study published by research firm ValueNotes, this growth can be attributed to an increase in demand, vendor maturity and the capability of vendors to offer higher value services.

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