LPO: Legal Process Outsourcing and the Integreon Advantage
Legal Process Outsourcing, also known as LPO, has gained significant traction among in-house corporate legal departments and law firms. Services include back and middle office functions such as accounting and billing, IT, paralegal services as well as e-discovery, litigation document review, contract management and intellectual property filings.
Integreon is among the largest and most respected providers of LPO services. Brown Wilson’s “Black Book of Outsourcing” has named Integreon the number one LPO provider globally and we consistently lead the industry and many sub-categories such as litigation document review and legal research.
Integreon provides LPO services for law firms and corporate law departments. Our experienced, professional staff is made up of lawyers with work experience at Indian, US, and UK law firms. Integreon has one of the most selective human resources programs to support its LPO services. As a result, only the best lawyers and legal support staff are recruited, trained and retained.
Our LPO delivery centers are located around the world so that clients can take advantage of cost-savings and access to talent pools around the world. We have centers serving LPO clients in Mubai, New Delhi, Manila, New York City and Fargo, N.D.
Integreon’s LPO services adhere to the strictest security policies. The company develops a security policy in the context of each client’s LPO needs which are later implemented to the technology solutions previously approved. Integreon is ISO 27001:2005, which represents the highest standard for information security excellence.
Integreon offers an array of LPO services, including but not limited to:
- Document Review
- E Discovery and litigation document review
- M&A due diligence review
- Legal memoranda
- Contracts review
- Patent application
- Summary of witness statements
- Preparation of briefs
- Memoranda and contract drafting
- Draft memoranda
- Summary of witness statements
- Preparation of briefs
- Research
- Case law research
- Legislation research
- Journal searching
- Contract review
Integreon recently launched a premier LPO service called Doctane, which is an Integrated Discovery Management Solution Offering Fixed Price Per Document.
LPO and First Level Document Review
According to KPMG, the first level document review encompasses between 58% and 90% of total litigation costs. Integreon’s LPO service “Doctane” as well as its stand alone e-discovery and lawyer review services can substancially reduces these costs and streamline EDD management.
The main purpose of first level document review is to assess documents and to narrow their set to a responsive data set for a later, more senior review. In litigation, millions of documents are routinely reviewed by teams of law firm associates for relevance, confidence, protection and importance. Given the litigation costs, Integreon’s LPO services provide a solution for alleviating e-discovery and first level document review inefficiencies.
LPO: Industry Overview
The LPO industry is projected to grow to be around $640 million by 2010, according to an industry report by Valuenotes Database Pvt. Ltd.
Many corporations and law firms outsource primarily for cost saving reasons and this is considered the biggest advantage for LPO. The economics of LPO cannot be overstated. LPO introduces transformative structural change which protects clients from future costs during an upturn in business. Integreon can save corporate in-house legal departments and law firms up to 50 percent when compared to internal strategies.
LPO isn’t just about reducing costs. Other value-added characteristics Integreon’s LPO services include:
- Ability to tap into highly educated and motivated talent pools on a global scale
- A legal system based on English common law (US and UK)
- Time differentials that allow for around-the clock document review
- Technological advances that allow for secure document review
- The ability to maintain a consistent team of trained individuals at reduced costs