Allied Market Research

2024

Legal Tech Market

Legal Tech Market Size, Share, Competitive Landscape and Trend Analysis Report, by Case Management Applications, by Legal Research/Inquiry Services, by Practice and Client Management Solutions, by Legal Knowledge Management, by Compliance and Regulatory Solutions, by Legal Practice Specialization Solutions, by Analytics and Insights Solutions and, by Alternative Dispute Resolution Solutions : Opportunity Analysis and Industry Forecast, 2023-2032

IC : Other

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Author's: | Onkar Sumant
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Key Benefits

  • The Legal tech market study provides in-depth analysis pertaining to the global market size & forecast, segmental analysis, country level outlook, market opportunities, drivers, and key trends.

  • The Porter’s five forces model illustrates the potency of buyers & sellers, which is estimated to assist the market players to adopt effective strategies. Below mentioned pointers are included under this section:

    • Threat of new entrants

    • Threat of substitutes

    • Bargaining power of suppliers

    • Bargaining power of consumers

    • Competitive rivalry among key players

  • A comprehensive analysis of the factors that drive and restrict the growth of the global Legal tech market is provided in the report.

  • The global Legal tech market report offers qualitative and quantitative analysis for 2023 to 2032 years. Qualitative analysis includes value chain analysis, key regulations, patent analysis, and pain point analysis.

    • Value chain analysis: AMR offers a detailed analysis on all the stages along with the key stakeholders operating in that respective stage in addition to their strategic moves and their impact on the market.

    • Key regulations: AMR provides key regulations and standards for the industries. This section lists, not exhaustively, some of the regulatory documents of product type.

    • Pain points analysis: The report includes the details about the challenges faced by major stakeholders operating in all stages of the value chain in addition to the strategic decisions taken by other players to overcome them.

Competition Analysis

Key companies identified in the report are LexisNexis, Thomson Reuters, Deloitte, Accenture, Clio, Kira Systems, LawCog, LawGeex, Neota Logic, Legal Zooms

The report offers top 10 company profiles (not limited to 10) and their market share analysis. Company profiles include detailed information related to market share, key developments, company description, and financial details. Furthermore, company profiles section includes the data related to the company’s product/services and brand names.

Key Classification and Analysis of the Market

The global Legal tech market has been segmented into by case management applications, by legal research/inquiry services, by practice and client management solutions, by legal knowledge management, by compliance and regulatory solutions, by legal practice specialization solutions, by analytics and insights solutions, by alternative dispute resolution solutions. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key segmental analysis is provided in both quantitative and qualitative terms. This will help to assess current addressable market along with untapped growth opportunities. by case management applications, by legal research/inquiry services, by practice and client management solutions, by legal knowledge management, by compliance and regulatory solutions, by legal practice specialization solutions, by analytics and insights solutions, by alternative dispute resolution solutions are the key segments covered under this section.

Legal Tech Market Report Highlights

Aspects Details
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By Case Management Applications
  • Legal Matter Management
  • Document Management/eDiscovery
  • Legal Document Automation/e-Forms
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By Legal Research/Inquiry Services
  • Legal Case Law/Statutes Research
  • Regulatory/Compliance Research
  • Lawyer/Expert Opinion Inquiry
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By Practice and Client Management Solutions
  • Legal Practice Management
  • Legal Client Management
  • Legal Billing/Payment Systems
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By Legal Knowledge Management
  • Legal Knowledge Repository/ Taxonomy
  • Expert System/Decision Support
  • Crowdsourcing/Crowdlaw
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By Compliance and Regulatory Solutions
  • Compliance Risk Management
  • Legal/Regulatory Compliance
  • Data Privacy and Security
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By Legal Practice Specialization Solutions
  • Litigation Support
  • Bankruptcy Support
  • Intellectual Property
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By Analytics and Insights Solutions
  • Legal Process Analytics
  • Law Firm/ Legal Market Analytics
  • Legal Spend Analytics
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By Alternative Dispute Resolution Solutions
  • Online Dispute Resolution
  • Arbitration Support
  • Legal Negotiation Platforms
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
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Key Market Players

Kira Systems, Neota Logic, LawGeex, Clio, Legal Zooms, LexisNexis, Accenture, Deloitte, LawCog, Thomson Reuters

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Legal Tech Market

Opportunity Analysis and Industry Forecast, 2023-2032