David Perla and Sanjay Kamlani recently left Pangea3 LLC, a legal process outsourcing (LPO) company as agreed to a purchase agreement almost two years ago. Pangea3 LLC is a LPO company that began by doing document review for litigation support. It is reported that they sold the company for an estimated sum of $40 million. Growth of LPO The LPO industry has been growing … [Read more...]
Legal Process Outsourcing
Legal process outsourcing (LPO) is in reference to outsourcing of certain legal functions primarily support functions to an outside law firm or a support service firm that specializes in assisting law firms.