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LEGAL PRACTICE MANAGEMENT SOFTWARE

Global Market Trajectory & Analytics

MCP12994

VALIDATED EXECUTIVE ENGAGEMENTS

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673

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  •  DATE

    JULY 2020

  •  TABLES

    54

  •  PAGES

    125

  •  EDITION

    8

  •  PRICE

    USD $4950


COVID-19 IMPACT SURVEY
Amid the COVID-19 crisis, the global market for Legal Practice Management Software estimated at US$1.3 Billion in the year 2020, is projected to reach a revised size of US$2.9 Billion by 2027, growing at a CAGR of 11.9% over the period 2020-2027.On-Premise, one of the segments analyzed in the report, is projected to grow at a 11.4% CAGR to reach US$2.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Cloud-based segment is readjusted to a revised 14.2% CAGR for the next 7-year period. This segment currently accounts for a 17.5% share of the global Legal Practice Management Software market.
The Legal Practice Management Software market in the U.S. is estimated at US$383.8 Million in the year 2020. The country currently accounts for a 29.5% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$503.1 Million in the year 2027 trailing a CAGR of 11.5% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.4% and 10.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.8% CAGR while Rest of European market (as defined in the study) will reach US$503.1 Million by the year 2027.We bring years of research experience to this 8th edition of our report. The 125-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others, Actionstep; AppleSource Software; BHL Software Pty., Ltd.; CosmoLex Cloud, LLC.; DPS Software; Drive Revenue; Eclipse Legal Systems; FilePro Pty Ltd.; GoMatters, LLC; Intuit, Inc.; Jarvis Software LLC; LawGro, Inc.; LawPro Legal Systems Ltd.; LawWare Ltd.; LEAP Legal Software.; Legal Software Systems, Inc.; LegalTrek Inc.; LegalXgen Software Solutions Pvt Ltd.; LexisNexis Group Inc.; LexRex USA; Linetime Limited; Matrix Pointe Software; Mitratech; Needles Case Management Software; Orion Law Management Systems, Inc.; Peapod LegalOffice Limited; Quill Pinpoint Ltd; Redbrick Solutions; Select Legal Systems Limited; Solicitors Own Software Ltd. (SOS); The Legal Assistant; TimeSolv Corporation; WinYou Law Inc.; Wise Owl Legal; Zelican Technologies, Inc.
» Segment (On-Premise, Cloud-based)
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World

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