Legal Practice Management Software Market Potential to Grow by USD 933.52 Mn | Emergence of Legal Practice Outsourcing to Drive Growth | Technavio
Thursday, October 21, 2021
NEW YORK, Oct. 13, 2021 /PRNewswire/ -- The "Legal Practice Management Software Market by Deployment and Geography - Forecast and Analysis 2020-2024" report has been added to? Technavio's?offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.
The potential growth difference for the legal practice management software market between 2020 and 2024 is USD 933.52 million. To get the exact yearly growth variance and the Y-O-Y growth rate,?Talk to our analyst.
Key Market Dynamics:
-- Market Driver
-- Market Challenges
The adoption of various pricing strategies by vendors and the emergence of legal process outsourcing are some of the key factors influencing the market growth positively in the upcoming years. However, high implementation and maintenance costs might limit the market growth.
Learn about additional drivers, trends, and challenges influencing the market in our full report.
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The legal practice management software market report is segmented by deployment (on-premise and cloud-based) and geography (North America, Europe, APAC, South America, and MEA).? In terms of geography, 31% of the market's growth will originate from North America. The US is the key market for legal practice management software market in North America.
Get accurate prediction of the contribution of all the segments and regionals toward market growth.
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Companies mentioned with their offerings
-- The Access Group: The company offers legal practice management software
through its subsidiary, Eclipse Legal Systems.
-- Abacus Data Systems Inc.: The company offers Amicus Attorney, an
intuitive legal case management software solution that tracks and
invoices billable time, automates important documents, and provides
access to all your clients, cases, and matters.
-- BHL Software Pty. Ltd.
-- Intuit Inc.
-- Gain access to more vendor profiles featured in the report.?Click Here.
Global Legal Process Outsourcing Services Market - Global legal process outsourcing services market is segmented by service (contract management, e-discovery services, litigation support, legal research, and others) and geography (North America, Europe, APAC, South America, and MEA).
Download Exclusive Free Sample Report
Global Intellectual Property Software Market - Global intellectual property software market is segmented by deployment (on-premises and cloud-based) and geography (North America, Europe, APAC, MEA, and South America).
Download Exclusive Free Sample Report
Legal Practice Management Software Market Scope
Page number 120
Base year 2019
Growth momentum & CAGR Accelerate at a CAGR of almost 10%
Market growth 2020-2024
USD 933.52 million
YoY growth (%) 7.79
Regional analysis North America, Europe, APAC, South
America, and MEA
contribution North America at 31%
Key consumer countries US, Germany, UK, Japan, and China
Competitive landscape Leading companies, competitive
strategies, consumer engagement
The Access Group, Abacus Data
Systems Inc., Actionstep, BHL
Software Pty. Ltd., Intuit Inc.,
LawPro Legal Systems Ltd., Matrix
Pointe Software, Mitratech
Holdings Inc., Orion Law
Management Systems Inc., and
Companies profiled SurePoint Technologies
Parent market analysis, Market
growth inducers and obstacles,
Fast-growing and slow-growing
segment analysis, COVID-19 impact
and future consumer dynamics, and
market condition analysis for the
Market Dynamics forecast period.
Customization purview If our report has not included the
data that you are looking for, you
can reach out to our analysts and
get segments customized.
Key Topics Covered:
-- Executive Summary
-- Market Landscape
-- Market Sizing
-- Five Forces Analysis
-- Market Segmentation
-- Customer landscape
-- Geographic Landscape
-- Vendor Landscape
-- Vendor Analysis
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