The North America legal case management software market is expected to grow from US$ 408.47 million in 2021 to US$ 906.12 million by 2028; it is estimated to grow at a CAGR of 12.1 % from 2021 to 2028.
The US, Canada, and Mexico are economies in North America. Rising technology integration in legal case management solutions is expected to escalate the North America legal case management software market. The evolution of case and practice management systems has transformed the legal profession. Investment in legal software has been rising, and this trend is expected to continue in the coming years. These systems are designed to handle business and individual legal problems, and they have a potential to increase productivity, streamline procedures, and improve legal service management. Moreover, the introduction of artificial intelligence (AI)-based legal software applications are benefiting lawyers and clients by saving time and money, along with improving case results. Moreover, the integration of technologies in legal case management software offers facilities such as team collaboration, deadline management, communication and document retrieval, and billing and time tracking. Thus, the aforementioned factors enhance the overall efficiency of legal case management software with the integration of technologies, thereby contributing to the growth of the North America market over the years.
In case of COVID-19, North America is highly affected specially the US. North American countries are known for the highest acceptance for technologies, which boosts the pace of development of new technologies in these countries. Rapid technological developments can be attributed to favorable government policies to boost innovation and reinforce infrastructure capabilities. Thus, any impact on industries directly affects the region's economic development. The pandemic has had a negative impact on the legal procedures in the region. With no immediate solution in sight to the economic recession, law firms in the US are facing immense challenges. Although most of industries, including restaurants, entertainment, and travel, have been ravaged, law firms around the country are fighting to continue serving their clients while avoiding financial losses. To continue to run their companies and represent their clients in a hassle-free manner, law firms in North America are opting for tools enabled with cutting-edge technologies and techniques. Thus, the rise in technology adoption across the legal industry in the region is contributing to the legal case management software market growth.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America legal case management software market. The North America legal case management software market is expected to grow at a good CAGR during the forecast period.
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North America Legal Case Management Software Market Segmentation
North America Legal Case Management Software Market – By Deployment
- On-Premise
- Cloud
North America Legal Case Management Software Market – By End-user
- Small and Medium Enterprise
- Large Enterprise
North America Legal Case Management Software Market, by Country
- US
- Canada
- Mexico
North America Legal Case Management Software Market -Companies Mentioned
- App4Legal
- Legal Files Software, Inc.
- Legal Suite
- Legal Track
- MyCase
- Themis Solutions Inc. (Clio)
- Thomson Reuters Corporation
North America Legal Case Management Software Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2021 | US$ 408.47 Million |
Market Size by 2028 | US$ 906.12 Million |
Global CAGR (2021 - 2028) | 12.1 % |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Deployment
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Deployment and End-user
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada
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- App4Legal
- Legal Files Software, Inc.
- Legal Suite
- Legal Track
- MyCase
- Themis Solutions Inc. (Clio)
- Thomson Reuters Corporation