Press release
Legal Client Relationship Management (CRM) Software Market Research Report
Legal Client Relationship Management (CRM) Software MarketCustomer Relationship Management software helps law firms build strong relationships with their current and potential clients through efficient and organized processes. Legal CRM software helps ensure no clients or opportunities slip through the cracks. CRM for lawyers is used to manage business development functions, including client intake, scheduling, follow-ups, revenue tracking, etc. It streamlines the client intake process and gives you the ability to turn potential new clients into retained clients.
According to QYResearch's new survey, global Legal Client Relationship Management (CRM) Software market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Legal Client Relationship Management (CRM) Software market research.
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One of the major drivers of the law firm CRM market is the increasing adoption of cloud-based technology. Cloud-based CRM solutions offer advantages such as scalability, cost-effectiveness, and easy accessibility, making them an attractive option for law firms of all sizes.
Another driver of the market is the growing demand for automation and artificial intelligence (AI) in the legal industry. Law firms are increasingly using AI-powered CRM systems to automate routine tasks such as data entry, freeing up time for attorneys to focus on more complex work.
In addition, the increasing competition in the legal industry is also driving demand for CRM systems. Law firms are looking for ways to differentiate themselves from their competitors and improve their client relationships, and a CRM system can help them achieve these goals.
Overall, the law firm CRM market is expected to continue to grow as law firms increasingly recognize the benefits of CRM systems in managing client relationships, boosting efficiency, and staying competitive in the legal industry.
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Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Legal Client Relationship Management (CRM) Software market with multiple angles, which provides sufficient supports to readers' strategy and decision making.
By Type
• Cloud-based
• On-Premises
By Application
• Large Law Firm
• Small and Medium Law Firms
Key Players
Lawmatics, Clio (Themis Solutions), Law Ruler, AbacusNext, ProfitSolv, LexisNexis, Freshsales, CASEpeer, LawGro, Litify, HubSpot, Interaction, Zoho, Salesforce, Pipedrive, Bitrix24, Lawyerist, Matterly, CloudLex, LeanLaw, Captorra, Intapp, Vtiger
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