Pangea3

Legal Process Outsourcing Market to Cross $30 Bn by 2027; Global Market Insights, Inc.

Retrieved on: 
Tuesday, June 15, 2021

SELBYVILLE, Del., June 15, 2021 /PRNewswire/ --Global Market Insights Inc. has recently added a new report on the legal process outsourcing market, which estimates the market valuation for LPO will cross US$ 30 billion by 2027.

Key Points: 
  • SELBYVILLE, Del., June 15, 2021 /PRNewswire/ --Global Market Insights Inc. has recently added a new report on the legal process outsourcing market, which estimates the market valuation for LPO will cross US$ 30 billion by 2027.
  • With legal process outsourcing service providers drafting precise contracts that specify the obligations and rights of different parties, the market will witness increasing demand.
  • Outsourcing legal process outsourcing services to these countries enables them to gain access to high-quality legal professionals with technical expertise in specific market fields.
  • The Asia-Pacific market will witness growth, which is attributed to the increasing number of professional legal process outsourcing service providers hiring lawyers with specific legal expertise.

$ 16.01 Billion growth expected in Legal Process Outsourcing Market | 30.51% YOY growth in 2020 amid COVID-19 Spread | North America to Notice Maximum Growth | Technavio

Retrieved on: 
Wednesday, May 5, 2021

b"The global legal process outsourcing market by service (contract management, E-discovery services, litigation support, legal research, and others) and geography (North America, Europe, APAC, South America, and MEA) has been added to Technavio's offering.

Key Points: 
  • b"The global legal process outsourcing market by service (contract management, E-discovery services, litigation support, legal research, and others) and geography (North America, Europe, APAC, South America, and MEA) has been added to Technavio's offering.
  • Many law firms across the world are providing LPO service contracts to domestic players in such countries to minimize the cost of legal process management.
  • Besides, the growing competition in the LPO market has led many skilled law consultants to offer premier legal services.
  • The growth of the market in North America can be attributed to the increased expenditure on legal proceedings by firms operating in the region.

Legal Industry Innovator Ed Sohn Joins Factor as Head of Solutions

Retrieved on: 
Wednesday, July 15, 2020

NEW YORK, July 15, 2020 /PRNewswire/ -- Factor , the leader in next-generation solutions for complex legal work at scale, today announced Ed Sohn, an industry pioneer in the redesigned legal technology and managed services space, has joined the company as its head of solutions.

Key Points: 
  • NEW YORK, July 15, 2020 /PRNewswire/ -- Factor , the leader in next-generation solutions for complex legal work at scale, today announced Ed Sohn, an industry pioneer in the redesigned legal technology and managed services space, has joined the company as its head of solutions.
  • Sohn's addition to the Factor leadership team signals a doubling down on its ambitions for growth as clients seek to address complex new legal challenges.
  • Sohn first joined Thomson Reuters/Pangea3 as a director/assistant VP of litigation solutions in New Delhi, India, scaling up and innovating in the earliest days of legal managed services.
  • Factor, formerly Axiom Managed Solutions, is the leader in next-generation solutions for complex legal work at scale, ranging from deadline-driven regulatory projects to long-term managed services.

Legal Industry Innovator Ed Sohn Joins Factor as Head of Solutions

Retrieved on: 
Wednesday, July 15, 2020

The addition of Sohna key figure in the legal managed services spacepositions Factor to meet increasing demand for innovative, scalable legal solutions amid a global pandemic

Key Points: 
  • The addition of Sohna key figure in the legal managed services spacepositions Factor to meet increasing demand for innovative, scalable legal solutions amid a global pandemic
    NEW YORK, July 15, 2020 /PRNewswire/ -- Factor , the leader in next-generation solutions for complex legal work at scale, today announced Ed Sohn, an industry pioneer in the redesigned legal technology and managed services space, has joined the company as its head of solutions.
  • Sohn's addition to the Factor leadership team signals a doubling down on its ambitions for growth as clients seek to address complex new legal challenges.
  • Sohn first joined Thomson Reuters/Pangea3 as a director/assistant VP of litigation solutions in New Delhi, India, scaling up and innovating in the earliest days of legal managed services.
  • Factor, formerly Axiom Managed Solutions, is the leader in next-generation solutions for complex legal work at scale, ranging from deadline-driven regulatory projects to long-term managed services.

PSL Named to 2020 Global Outsourcing 100® List for Third Year in a Row

Retrieved on: 
Monday, February 17, 2020

MEDELLIN, Colombia, Feb. 17, 2020 /PRNewswire/ --For the third year in a row, PSL, a nearshore software development company, has been named to IAOP's list of the top 100 Global Outsourcing companies worldwide.

Key Points: 
  • MEDELLIN, Colombia, Feb. 17, 2020 /PRNewswire/ --For the third year in a row, PSL, a nearshore software development company, has been named to IAOP's list of the top 100 Global Outsourcing companies worldwide.
  • It is only through the company's continued commitment to excellence, social impact and innovation that this recognition is possible.
  • "The Global Outsourcing 100 list has done just that.
  • The Global Outsourcing 100, in its 14th year, is considered the world standard for companies seeking to start outsourcing relationships.

Global Legal Process Outsourcing (LPO) Market Forecasts 2019-2025 - Litigation Support Expected to Register a CAGR of More Than 34% Over the Forecast Period - ResearchAndMarkets.com

Retrieved on: 
Thursday, June 20, 2019

The global legal process outsourcing market size is projected to reach USD 35.9 billion by 2025, expanding at a CAGR of 31.8% from 2019 to 2025.

Key Points: 
  • The global legal process outsourcing market size is projected to reach USD 35.9 billion by 2025, expanding at a CAGR of 31.8% from 2019 to 2025.
  • The growth can be chiefly attributed to the emergence of alternative legal service delivery models and virtual law firms.
  • The litigation support segment is expected to register a CAGR of more than 34% over the forecast period.
  • Key players in the legal process outsourcing (LPO) market include Clairvolex, Clutch Group, Mindcrest, and Pangea3.

EY announces completion of Pangea3 Legal Managed Services acquisition

Retrieved on: 
Monday, June 3, 2019

LONDON, June 3, 2019 /PRNewswire/ --EY today announces the closing of the acquisition of the Pangea3 Legal Managed Services (LMS) business from Thomson Reuters.

Key Points: 
  • LONDON, June 3, 2019 /PRNewswire/ --EY today announces the closing of the acquisition of the Pangea3 Legal Managed Services (LMS) business from Thomson Reuters.
  • With Pangea3, more than 1,100 legal project managers, services professionals and technologists join EY, bringing the total number of EY Law professionals across the globe to 3,500.
  • Through the acquisition of Pangea3, EY Law services are well positioned to leverage broad professional services experience to create a consistent, market-leading offering across the globe that will shape the legal functions of the future."
  • The combination of legal function consultingand now, with Pangea3, legal managed services, will allow EY to create even more custom services to help clients tackle their most pressing challenges."

EY announces completion of Pangea3 Legal Managed Services acquisition

Retrieved on: 
Monday, June 3, 2019

LONDON, June 3, 2019 /PRNewswire/ --EY today announces the closing of the acquisition of the Pangea3 Legal Managed Services (LMS) business from Thomson Reuters.

Key Points: 
  • LONDON, June 3, 2019 /PRNewswire/ --EY today announces the closing of the acquisition of the Pangea3 Legal Managed Services (LMS) business from Thomson Reuters.
  • With Pangea3, more than 1,100 legal project managers, services professionals and technologists join EY, bringing the total number of EY Law professionals across the globe to 3,500.
  • Through the acquisition of Pangea3, EY Law services are well positioned to leverage broad professional services experience to create a consistent, market-leading offering across the globe that will shape the legal functions of the future."
  • The combination of legal function consultingand now, with Pangea3, legal managed services, will allow EY to create even more custom services to help clients tackle their most pressing challenges."

IAOP Names Canon Business Process Services to its Best of the Global Outsourcing 100 List

Retrieved on: 
Tuesday, February 26, 2019

NEW YORK, Feb. 26, 2019 /PRNewswire/ -- Canon Business Process Services, Inc. (Canon) a leading provider of managed services and technology, has been named to the International Association of Outsourcing Professionals' (IAOP) Best of the Global Outsourcing 100 list.

Key Points: 
  • NEW YORK, Feb. 26, 2019 /PRNewswire/ -- Canon Business Process Services, Inc. (Canon) a leading provider of managed services and technology, has been named to the International Association of Outsourcing Professionals' (IAOP) Best of the Global Outsourcing 100 list.
  • "I am proud to acknowledge the role of these leading organizations on IAOP's 2019 Best of The Global Outsourcing 100 for continually being recognized on this prestigious list."
  • The Best of The Global Outsourcing 100 recognizes the world's best outsourcing service providers.
  • The organizations selected for the Best of Global Outsourcing 100 were recognized at the IAOP 2019 Outsourcing World Summit, which recently took place in Orlando, Florida.

QuisLex Recognized as Winner and Hall of Fame Honoree in the New York Law Journal's Best of 2018 Survey

Retrieved on: 
Monday, October 1, 2018

NEW YORK, Oct. 1, 2018 /PRNewswire-PRWeb/ -- QuisLex, a leading legal services provider, announced today that it won both the Managed Document Review Services category and Legal Process Outsourcing Provider category in New York Law Journal's Best of 2018 Survey.

Key Points: 
  • NEW YORK, Oct. 1, 2018 /PRNewswire-PRWeb/ -- QuisLex, a leading legal services provider, announced today that it won both the Managed Document Review Services category and Legal Process Outsourcing Provider category in New York Law Journal's Best of 2018 Survey.
  • As a result of this long winning streak, QuisLex was honored by the New York Law Journal as a Hall of Fame winner.
  • "We are proud to be ranked number one in both the Managed Document Review Services and Legal Process Outsourcing Provider categories by the readers of New York Law Journal and as a Hall of Fame winner.
  • QuisLex is an award-winning legal services provider that specializes in managed document review, contract management, compliance services, legal spend management, and legal operations consulting.