The Unexpected Future Of Global Legal Practice Management Software Market 2017-2022

This report studies the global Legal Practice Management Software market, analyzes and researches the Legal Practice Management Software development status and forecast in United States, EU, Japan, China, India and Southeast Asia.

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This market study identifies the increased adoption of cloud-based legal practice management software as one of the primary growth factors for the legal case management software market. Cloud systems are preferred by companies as the services can be used on a pay-per-use basis. Factors such as the limited requirement for hardware infrastructure, the low dependency on in-house IT personnel, low maintenance costs, and no licensing costs enable the companies to focus on their core competencies.

The legal practice management software market is highly fragmented due to the presence of several large and small players who compete based on geographical presence, product portfolio, financials, and R&D. The key vendors comptete based on factors such as market visibility, penetration, and momentum, and are primarily focused on implementing M&A strategy to consolidate their market shares. With the players expanding and innovating their product portfolio and due to rapid technological advancements, the competitive environment among the players in this marketspace is intense.

The leading vendors in the market are –

  • Eclipse Legal Systems
  • Matrix Pointe Software
  • MITRATECH
  • Orion Law Management Systems
  • Rippe & Kingston

Manufacturing Analysis:

Market segment by Regions/Countries, this report covers
United States
EU
Japan
China
India
Southeast Asia

Market segment by Type, the product can be split into
On-Premise
Cloud-Based

Market segment by Application, Legal Practice Management Software can be split into
Law Offices
Law Schools
Others

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Global Legal Practice Management Software Market Growing at a CAGR of 13.71% during the period 2017-2021

Market Study Report add Global Legal Practice Management Software Market 2017-2021 new report to its research database. The report spread across 77 pages with table and figures in it.

Legal practice management software helps to manage legal case and client records, time tracking and billing, document management, centralized case management, and calendar and case schedules. The software also handles all front and back office needs including general ledger, time recording, billing, and accounting. It is mainly used by law firms, in-house legal professionals, corporate, and government departments. The implementation of software allows end-users to maintain a leadership position by controlling every aspect of financial practice management while managing stringent compliance protocols.

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Research analysts forecast the global legal practice management software market to grow at a CAGR of 13.71% during the period 2017-2021.

The report covers the present scenario and the growth prospects of the global legal practice management software market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sale of legal practice management software licenses, maintenance and support, installation, customization, and training. Only the software services market is taken into consideration, which includes ongoing support, maintenance services, and education and training services.

The market is divided into the following segments based on geography:

Americas, APAC, EMEA

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Global Legal Practice Management Software Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors:

Eclipse Legal Systems, Matrix Pointe Software, MITRATECH, Orion Law Management Systems, Rippe & Kingston, Abacus Data Systems, Actionstep, AppleSource Software, BHL Software, CosmoLex, DPS Software, Drive Revenue, FilePro, Firm Central, GoMatters, Intuit, Jarvis Software, LawGro, LawPro Legal Systems, LawWare, LEAP Legal Software, Legal Software Systems, LEGALTREK, LegalXGen, Linetime, LexisNexis, LexRex, Needles Case Management Software, Peapod LegalOffice, Quill Pinpoint, Redbrick Solutions,  Select Legal Systems, Solicitors Own Software, TimeSolv, The Legal Assistant, WinYou-Law, Wise Owl Legal, Wolters Kluwer, Zelican Technologies

Key questions answered in this report:

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

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