Legal Practice Management Sof Growth, Overview, Forecast Research Report to 2025

Posted by rekha on September 24th, 2019

The global legal practice management software market accounted for US$ XX Mn in 2018 and burgeoning over the forthcoming years. Emergence of legal method outsourcing, increasing demand for mobile legal practice management apps, law firms going environment-friendly and limited requirement for hardware infrastructure are some key factors influencing the market growth.

Global legal practice management software market segmented on the basis of type, application and region.

For request sample: https://www.precisionbusinessinsights.com/request-sample?product_id=37445

On-premises dominate the Global Legal Practice Management Software Market

 Based on type, global legal practice management software market segmented into cloud-based and on-premise. On-premises held considerable market growth during estimated period. The big firms have all the necessary requirements such as in-house IT support and back-up servers to implement this model. Large enterprises prefer the on-premise deployment model as this delivers extensive control over their critical data. Besides, the model can also be simply adapted according to the requirement of the firm.

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North America Leads the Global Legal Practice Management Software market

 PBI’s global legal practice management software market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis.North America accounted for larger revenue share in global legal practice management software market with considerable CAGR. The growth in this region can be attributed to the availability of adequate IT infrastructure, the rising technological investments by legal departments & law firms and the high penetration of law firms. The law firms are increasingly accepting the software to improve the customer satisfaction while reducing human work hours and gain competitive advantage in the market.

Launch of newer products, frequent product approvals, patent filings, and strategic alliances are the key strategies adopted by market players

 Global legal practice management software market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region.

Key player’s profiles in the report are Abacus Data Systems, AppFolio, BHL Software, DPS Software, Eclipse Legal Systems, Executive Data Systems, LawYee, Matrix Pointe Software, Needles, RELX Group, Rocket Matter, Smokeball, Themis Solutions, Thomson Reuters Elite and TrialWorks.

Precision Business Insights (PBI) in its report titled “Global Legal Practice Management Software Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period. Moreover, the report also includes the total revenue and volume for the market.

Detailed Segmentation

 

By Type         

o  Cloud-Based

o  On-Premise

By Application           

o  Law Schools

o  Law Offices

o  Law Firms & Attorneys

o  Courts Revenue

o  Other Applications

By Geography

o     North America

  • U.S
  • Canada

o     Europe

  • Germany
  • France
  • U.K
  • Italy
  • Spain
  • Russia
  • Poland
  • Rest of Europe

o     Asia-Pacific

  • Japan
  • China
  • India
  • Australia & New Zealand
  • ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
  • South Korea
  • Rest of Asia-Pacific

o     Latin America

  • Brazil
  • Mexico
  • Argentina
  • Venezuela
  • Rest of Latin America

o     Middle East and Africa (MEA)

  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA

For more information: https://www.precisionbusinessinsights.com/market-reports/global-legal-practice-management-software-market/

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rekha

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rekha
Joined: July 26th, 2019
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