LEGAL PROCESS OUTSOURCING (LPO) AN OVERVIEW © 2018 Leading E-dge TM Marlon Hylton October 26, 2018
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Cassels Brock Leading E-dge™
LEGAL PROCESS OUTSOURCING (LPO) AN OVERVIEW
© 2018 Leading E-dgeTM
Marlon Hylton October 26, 2018
Cassels Brock Leading E-dge™
© 2018 Leading E-dgeTM
PART ONE: OVERVIEW OF THE MARKET AND HOW IT SUPPORTS THE LEGAL INDUSTRY
THE COST OF LEGAL PROCEEDINGS IN NORTH AMERICA AND THE UK INCREASES EACH YEAR. REDUCING EXPENDITURE IS, THEREFORE, OF STRATEGIC IMPORTANCE FOR LAW FIRMS AND CORPORATIONS IN THESE COUNTRIES.
LEGAL PROCESS OUTSOURCING
© 2018 Leading E-dgeTM
LEGAL PROCESS OUTSOURCING
© 2018 Leading E-dgeTM
TO ADDRESS THE PROBLEM, LAW
FIRMS AND CORPORATIONS IN NORTH
AMERICA AND THE UK OUTSOURCE
LEGAL ACTIVITIES TO AREAS WITH A
LARGE NUMBER OF EFFICIENT,
ENGLISH-SPEAKING LAWYERS WHO
ARE ABLE TO OFFER LOWER FEES FOR
QUALITY SERVICE.
LEGAL PROCESS OUTSOURCING
THE SIZE AND EXPECTED GROWTH OF THE LPO MARKET REFLECTS THE MOVE TO THE LPO MODEL AS A SOLUTION.
Estimates vary, but reasonable expectations see the global LPO market growing from $4.4B in 2017 to $40B in 2024 – a 40% compound annual growth rate.
2016
2024
$4.4 B
$40 B
© 2018 Leading E-dgeTM
LEGAL PROCESS OUTSOURCING
© 2018 Leading E-dgeTM
THE LPO MARKET SUPPORTS THE LEGAL INDUSTRY BY PROVIDING SERVICES IN SIX KEY AREAS – BOTH ONSHORE AND OFFSHORE.
THE CANADIAN MARKET, FOR EXAMPLE, EXPERIENCES SIGNIFICANT GROWTH IN ALL AREAS BY 2024.
LEGAL PROCESS OUTSOURCING
© 2018 Leading E-dgeTM
Cassels Brock Leading E-dge™
© 2018 Leading E-dgeTM
PART TWO: CREATING THE PERFECT LPO
THE “PERFECT” LPO DOES NOT EXIST!
LEGAL PROCESS OUTSOURCING
© 2018 Leading E-dgeTM
BUT CERTAIN CONDITIONS ARE NECESSARY FOR THE ESTABLISHMENT OF A SUCCESSFUL LPO BUSINESS.
LEGAL PROCESS OUTSOURCING
© 2018 Leading E-dgeTM
LEGAL PROCESS OUTSOURCING
© 2018 Leading E-dgeTM
Cassels Brock Leading E-dge™
© 2018 Leading E-dgeTM
QUESTIONS?
© 2018 CASSELS BROCK & BLACKWELL LLP. ALL RIGHTS RESERVED.
This document and the information in it is for illustration only and does not constitute legal advice. The information is subject to changes in the law and the interpretation thereof. This document is not a substitute for legal or other professional advice. Users should consult legal counsel for advice regarding the matters discussed herein.
Cassels Brock & Blackwell LLP Suite 2100, Scotia Plaza Suite 2200, HSBC Building Suite 3810, Bankers Hall West 40 King Street West 885 West Georgia Street 888 3rd Street SW Toronto, ON Canada M5H 3C2 Vancouver, BC Canada V6C 3E8 Calgary, AB Canada T2P 5C5
Tel: 416 869 5300 Tel: 604 691 6100 Tel: 403 351 2920 Fax: 416 350 8877 Fax: 604 691 6120 Fax: 403 648 1151
Marlon Hylton I linkedin.com/in/marlon-hylton- 15b4b52b/?ppe=1 I @marlonhylton
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