Lift bags are generally filled with air at their working depth. So, in practice, the problem of the air in the bag being reduced in volume with increasing depth doesn't normally arise. Instead, the problem is one of expanding air with reducing depth. This is overcome by venting off air from the bag as it rises so as to maintain a steady air volume.
As said already, for a 1 litre bag at 10 metres depth, the water pressure is rwice atmospheric pressure. It will therefore require 2 litres of air pumped from the surface to fill the 1 litre bag. With every 10 metre increase in depth, and the additional 1 atmosphere of water pressure, an additional 1 litre of surface air will be needed to maintain the bag's 1 litre volume.
There's a pretty comprhensive article on the subject, (unfortunately dealing with cubic feet and long tons), but an evening's work converting the units should provide any answers...
http://www.jwautomari.../download/lb_man2.pdf