Research and Markets: Seeing the LPO Forest for the Trees: A Report on the Legal Process Outsourcing (LPO) Industry

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/42069f/seeing_the_lpo_for) has announced the addition of the "Seeing the LPO Forest for the Trees: A Report on the Legal Process Outsourcing (LPO) Industry" report to their offering.

“Seeing the LPO Forest for the Trees: A Report on the Legal Process Outsourcing (LPO) Industry”

Business women and men like to think of themselves as rational, number-crunching machines, relentlessly creating and seeking out new and better modes for revenue and profit. In reality, of course, the business world is just as susceptible to voguish trends, buzzwords and hype as any other institution. Among the hottest buzzwords today are globalization, 24/7, virtual corporations and outsourcing. The legal industry, perhaps a little behind the times, is now being accosted by a host of outsourcing companies, the vast majority in India or with an Indian presence, claiming that great operational benefits and cost savings can be had by outsourcing one function or another to them.

The reason that the authors see outsourcing as a trend and buzzword, rather than a highly-rational new business tool, is that the legal process outsourcing industry (LPO), is still in a very new and exploratory phase. In time, over the course of the next couple of decades (rather than the next few years, as many LPO industry proponents would assert), outsourcing will become a widely-used and rational part of the legal services industry. But as of now, there has been too little experience and data accumulated to know precisely which legal operations can be effectively outsourced, and how. Therefore, the benefits of being a first mover in the LPO movement need to be balanced against the associated risks and costs.

This LPO industry report is the only report that has been written by individuals with actual operational experience in the LPO industry, rather than by research analysts. The authors have had multiple, extensive meetings with top-management at many of the major LPO providers, and have visited multiple facilities. Some other distinguishing qualities of this report:

• Authors with real US legal experience (Silicon Valley hightechnology law)
• Sections on legal ethics, unauthorized practice of law and export control
• Discussion of outsourcing geographies other than India
• Written with potential consumers of LPO services (Western law firms and law departments) as the main audience

Key Topics Covered:

• 1 PREFACE
• 2 INTRODUCTION
• 3 A BRIEF HISTORY OF BUSINESS PROCESS OUTSOURCING
• 4 OVERVIEW OF THE KPO AND LPO INDUSTRIES
• 5 SERVICES OFFERED AND ENGAGEMENT MODELS
• 6 LEGAL ETHICS AND UNAUTHORIZED PRACTICE OF LAW (UPL)
• 7 US EXPORT ADMINISTRATION REGULATIONS: PATENT-RELATED LPO ONLY
• 8 GEOGRAPHY MATTERS
• 9 RECENT DEVELOPMENTS AND CONCLUSION

For more information visit http://www.researchandmarkets.com/research/42069f/seeing_the_lpo_for