Legal Process Outsourcing
Legal Process Outsourcing (LPO) refers to the practice of hiring external service providers to handle various legal tasks. This can include activities such as document review, legal research, and contract management. By outsourcing these functions, law firms and corporations can reduce costs and improve efficiency.
LPO providers often operate in different countries, taking advantage of lower labor costs while maintaining high-quality legal services. This trend has grown significantly as technology enables better communication and collaboration, allowing legal professionals to focus on more complex and strategic work while routine tasks are managed externally.