Great Expectations: Follow the money

Where private equity funding is going is a good indicator of where change is happening. The Law Society Gazette and The Lawyer report that private equity firms are increasingly interested in investing in the LPO industry.

Despite the great expectations for the industry, profitability is may be a quest for a number of LPOs and some financial models are currently under scrutiny. Withstanding these challenges legal outsourcing is here to stay. These growth dynamics represent a broader industry change of the integration of outside vendors into the practice of law.

Written by Fronterion