Press release
Legal Practice Management Software Market Supposed to Reach 2720 million US$ by 2025 | Industry Crucial Players: Themis Solutions, AppFolio, TrialWorks, Needles, The Legal Assistant, Legal Files, DPS Software
This report studies the Legal (or Law) Practice Management Software market, Legal practice management software is software designed to manage a law firm's case and client records, billing and bookkeeping, schedules and appointments, deadlines, computer files and to facilitate any compliance requirements such as with document retention policies, courts' electronic filing systems, etc.
Legal practice management software is a type of tools to law practice management activities. And the Legal practice management software can be classified to cloud-based and on-promise type, and the cloud-based type is leading the growing market at present.
Legal practice management software is mainly used for three applications: law firms & attorneys, courts, other users. And law firms & attorneys was the most widely used area which took up about 74% of the global total in 2017.
The global Legal practice management software average pricing is influenced by the global trend because of competition and downstream cost controlling. The average price will be in decline trend if more vendors go into operation in the future. The Legal practice management software sales will reach about 1047 Million USD in 2017 from 491 Million USD in 2013 all around the world.
In 2017, the global Legal Practice Management Software market size was 1050 million US$ and it is expected to reach 2720 million US$ by the end of 2025, with a CAGR of 12.7% during 2018-2025.
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The key players covered in this study
Themis Solutions
AppFolio
TrialWorks
Needles
The Legal Assistant
Legal Files
DPS Software
RELX Group
Smokeball
Rocket Matter
Leap
LawYee
Thomson Reuters Elite
Executive Data Systems
Eclipse Legal Systems
Abacus Data Systems
CaseFlow
Matrix Pointe Software
SmartAdvocate
BHL Software
Market segment by Type, the product can be split into
Cloud-based
On-premises
Market segment by Application, split into
Law Firms & Attorneys
Courts
Other Users
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