LPO Outlook for 2012
Fronterion, an international management consultancy which focuses exclusively on advising law firms and corporations on outsourced legal services recently published a report on the Top Ten Trends for Legal Outsourcing in 2012.
The Top Ten Trends for LPO in 2012 are:
1. Profitability Squeeze for LPO
The shrinking gap between wages in the developing and developed countries will squeeze margins for LPO vendors in 2012.
2. Growth Beyond Litigation Support
Large‐scale litigation was one of the first outsourced legal services to gain widespread adoption and remains by far (particularly in the US) the most popular. In 2012, LPO vendors . . . [more]