The global legal
market is worth approximately $400 billion USD - 60% of this total is accounted
for by the US. The global LPO market is currently estimated to be worth
approximately $440 million USD or 0.1% of the whole legal sector. Current
market size represents nearly a 50% increase on the approximate LPO market
sector of $300 million USD in 2008. LPO’S will generate approximately $960 million USD by 2015. The
latest data on the Legal Process Outsourcing horizon is the Southeast Asian
archipelago nation of Philippines. The outsourcing industry in the country has
seen an exponential growth over the past five years. As of today it is the
second largest outsourcing destination in Asia, with first being India. The Philippines outsourcing industry has, as
seen with other outsourcing destinations in the past and has been tracking a
definitive growth path. [1]
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