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
