It’s a great moment for legal process outsourcing (LPO) providers. The deal, announced last week, that outsources a portion of DXC Technology’s legal department to UnitedLex is a high-profile and compelling proof of concept. The market looks poised for growth as more and more big companies move to outsource. However, clients aren’t the only ones who’ll take note of this watershed moment; so too will rival, and potential rival, LPO service providers. Some of these enjoy significant benefits over the upstart innovators who created the LPO market. Innovators beware, the big dogs are about to get off the porch. Who’s coming? If we look at how other markets have evolved, we can predict at least the following five types of competitors to duke it out.
The Big Company Spin Out
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
