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Legal Analytics Market Analysis, Regional Outlook, Competitive Strategies and Forecasts, 2017 To 2022, By Focusing On Top Key Vendors and Applications.

02-06-2018 06:56 AM CET | IT, New Media & Software

Press release from: ReportsWeb

ReportsWeb

ReportsWeb

Global Legal Analytics Market Size, Status and Forecast 2022

Legal analytics is the management process of extracting actionable knowledge from data to assist in-house legal leaders and decision-makers on topics as diverse as matter forecasting, process improvement, legal strategy, comparative legal costs, billing optimization, resource management, and financial operations.

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Companies Profiled in this report includes: Wolters Kluwer (Netherlands), Thomson Reuters (Canada), MindCrest, Inc. (US), UnitedLex Corporation (US), Argopoint LLC (US), LexisNexis (US), PREMONITION (US), CPA Global (UK), Analytics Consulting LLC (US), The Bureau of National Affairs (BNA) Inc. (US), IBM Corporation (US), Wipro Limited (India)

Legal analytics is the application of data analysis methods and technologies within the field of law to improve efficiency, gain insight and realize greater value from available data. Legal analytics involves data mining from data contained in documents related to case and docket entries. This data is then accumulated to provide previously unknown insights into the behavior of the judges, lawyers, organizations such as courts law firm and parties involved. It also involves gaining insights from subjects of lawsuits such as patents and others that are part of the litigation ecosystem.

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Legal analytics depends on progressive technologies such as natural language processing (NLP) and machine learning, to structure, analyze and obtain the required information from raw data present in case dockets and documents. Legal analytics involves statistical modelling and forecasting to reveal gainful information about the management, case handling and operations of legal department. Legal analytics solutions helps in assessing all the recordings, documents and other related files of particular case and old cases and patents similar to that in order to reveal the intended knowledge.

Legal Analytics provide an economical way to perform complete legal research and strategize for a defense along with offense. While preparing for both can put a constraint on the amount of time and resources that can be dedicated to research. Therefore, legal analytics solutions are required to extract the knowledge and present it into argument able form.

Table of Content:

Global Legal Analytics Market Size, Status and Forecast 2022

1 Industry Overview of Legal Analytics

2 Global Legal Analytics Competition Analysis by Players

3 Company (Top Players) Profiles

3.1 Wolters Kluwer (Netherlands)

3.1.1 Company Profile

3.1.2 Main Business/Business Overview

3.1.3 Products, Services and Solutions

3.1.4 Legal Analytics Revenue (Value) (2012-2017)

3.1.5 Recent Developments

3.2 Thomson Reuters (Canada)

3.2.1 Company Profile

3.2.2 Main Business/Business Overview

3.2.3 Products, Services and Solutions

3.2.4 Legal Analytics Revenue (Value) (2012-2017)

3.2.5 Recent Developments

3.3 MindCrest, Inc. (US)

3.3.1 Company Profile

3.3.2 Main Business/Business Overview

3.3.3 Products, Services and Solutions

3.3.4 Legal Analytics Revenue (Value) (2012-2017)

3.3.5 Recent Developments

4 Global Legal Analytics Market Size by Type and Application (2012-2017)

5 United States Legal Analytics Development Status and Outlook

6 EU Legal Analytics Development Status and Outlook

7 Japan Legal Analytics Development Status and Outlook

8 China Legal Analytics Development Status and Outlook

9 India Legal Analytics Development Status and Outlook

10 Southeast Asia Legal Analytics Development Status and Outlook

11 Market Forecast by Regions, Type and Application (2017-2022)

12 Legal Analytics Market Dynamics

13 Market Effect Factors Analysis

Complete Report: http://www.reportsweb.com/buy&RW0001979725/buy/3300

Contact Info:
Name: Sameer Joshi
Email: sales@reportsweb.com
Company Name: ReportsWeb
Website: Reportsweb.com

Phone: +1-646-491-9876

ReportsWeb.com is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. We provide best in class customer service and our customer support team is always available to help you on your research queries.

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