"Our lives have changed on the back of internationalisation, on the back of technology," said Joanne Hon, vice president and head of Asia business development for outsourcing company CPA Global.
Hon, who moderated the session, cited a statistic from Forrester Research stating that the global market for outsourcing is expected to reach $1 trillion by 2020.
Legal outsourcing is expected to grow by 40% annually until 2020 and a majority of that growth will be from the IP sector, she said.
John Hanssen, managing director of legal - Asia-Pacific for DuPont, and Emmanuelle Prono, assistant general counsel for Techtronic Industries, shared their experiences during the session.
DuPont is a US science company that covers 13 different industries from seeds and agriculture to polymers and materials.
Hanssen said that the move to outsource began in 1992 when the company resolved to slim down the number of legal providers it has...