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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.
Similar to business analytics (BA) in other sectors, legal analytics are used to yield actionable information that can improve processes and increase efficiency. Legal analytics are implemented to give a law firm a competitive advantage and drive corporate profits.
The Legal Analytics market revenue was xx.xx Million USD in 2019, and will reach xx.xx Million USD in 2025, with a CAGR of x.x% during 2020-2025.
Under COVID-19 outbreak globally, this report provides 360 degrees of analysis from supply chain, import and export control to regional government policy and future influence on the industry. Detailed analysis about market status (2015-2020), enterprise competition pattern, advantages and disadvantages of enterprise products, industry development trends (2020-2025), regional industrial layout characteristics and macroeconomic policies, industrial policy has also been included. From raw materials to end users of this industry are analyzed scientifically, the trends of product circulation and sales channel will be presented as well. Considering COVID-19, this report provides comprehensive and in-depth analysis on how the epidemic push this industry transformation and reform.
In COVID-19 outbreak, Chapter 2.2 of this report provides an analysis of the impact of COVID-19 on the global economy and the Legal Analytics industry.
Chapter 3.7 covers the analysis of the impact of COVID-19 from the perspective of the industry chain.
In addition, chapters 7-11 consider the impact of COVID-19 on the regional economy.
The Legal Analytics market can be split based on product types, major applications, and important countries as follows:
Key players in the global Legal Analytics market covered in Chapter 12:
UnitedLex Corporation
PREMONITION
The Bureau of National Affairs (BNA) Inc.
LexisNexis
Wolters Kluwer
MindCrest, Inc.
Thomson Reuters
Argopoint LLC
IBM Corporation
CPA Global
Analytics Consulting LLC
Wipro Limited
In Chapter 4 and 14.1, on the basis of types, the Legal Analytics market from 2015 to 2025 is primarily split into:
Descriptive Analytics
Prescriptive Analytics
Predictive Analytics
In Chapter 5 and 14.2, on the basis of applications, the Legal Analytics market from 2015 to 2025 covers:
Corporates
Law Firms
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2015-2025) of the following regions are covered in Chapter 6, 7, 8, 9, 10, 11, 14:
North America (Covered in Chapter 7 and 14)
United States
Canada
Mexico
Europe (Covered in Chapter 8 and 14)
Germany
UK
France
Italy
Spain
Russia
Others
Asia-Pacific (Covered in Chapter 9 and 14)
China
Japan
South Korea
Australia
India
Southeast Asia
Others
Middle East and Africa (Covered in Chapter 10 and 14)
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Others
South America (Covered in Chapter 11 and 14)
Brazil
Argentina
Columbia
Chile
Others
Years considered for this report:
Historical Years: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2020-2025