This Legal Software (focus on machine learning) market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.
The legal software (focus on machine learning) market size has grown rapidly in recent years. It will grow from $0.49 billion in 2024 to $0.55 billion in 2025 at a compound annual growth rate (CAGR) of 12.6%. The growth in the historic period can be attributed to increased legal workload, cost efficiency, document management, regulatory compliance, enhanced research.
The legal software (focus on machine learning) market size is expected to see rapid growth in the next few years. It will grow to $0.93 billion in 2029 at a compound annual growth rate (CAGR) of 13.7%. The growth in the forecast period can be attributed to predictive analytics, natural language processing (nlp), remote work and collaboration, global expansion, cybersecurity and privacy. Major trends in the forecast period include legal chatbots, data privacy compliance, legal analytics, virtual legal assistants, legal process automation.
The machine learning market is experiencing growth driven by the increasing demand for intelligent business processes within law firms. This entails the integration of artificial intelligence (AI) and machine learning into various aspects of business operations. AI represents systems capable of performing tasks that traditionally require human intelligence. Developed countries like the USA have widely adopted software solutions to gain benefits such as streamlined contract management and efficient analysis of legal data. Machine learning assists legal professionals and firms in managing large volumes of data and extracting valuable insights. According to the Legal Technology Survey Report by ABA Surveying, a significant number of large firms with over 500 attorneys reported using AI, and many others were considering AI adoption. The growing demand for machine learning in law firms is a key driver for this market.
The legal software market is expected to experience growth due to the increasing demand for remote work. Remote work, or telecommuting, refers to a work arrangement where employees perform their job tasks from a location outside the traditional office setting. Remote work offers legal professionals enhanced flexibility, productivity, cost savings, work-life balance, access to a broader talent pool, and greater adoption of technology. For example, in June 2023, Forbes Media LLC reported that a significant portion of the US workforce was working from home, with a substantial projected increase by 2025. This trend toward remote work is propelling the growth of the legal software market.
Several online platforms have emerged, offering clients connections with attorneys for various straightforward services like trademark registration, lease agreements, will registrations, contract executions, and resolution of consumer complaints. LegalZoom, a US-based firm, provides access to attorneys without imposing hourly fees, and its documents are widely accepted by courts and government agencies across all 50 states. This surge in online services is expected to fuel the demand for legal software.
Prominent companies in the legal software market are focusing on innovative products such as LZ Books to ensure reliable services for their clientele. LZ Books is a legal software solution crafted for go-to legal and accounting advisors. In August 2023, LegalZoom.com Inc., a US-based legal software company, unveiled LZ Books. This accounting software caters to small business owners, offering features like expense and income tracking, invoicing, payments, and the ability to link bank accounts for automated income and expense categorization, simplifying bookkeeping processes.
In August 2023, Thomas Reuters Corporation, a Canada-based information services and media company, acquired Casetext Inc. for $650 million. This acquisition was intended to furnish Thomas customers with generative AI solutions and redefine the professional landscape through the utilization of generative AI technology. With the purchase, Thomas Reuters Corporation aims to expand its market presence in generative AI products. Casetext Inc. is a US-based firm specializing in legal software solutions.
Legal software comprises applications and tools tailored for use by legal professionals to perform tasks directly related to legal matters and the efficient operation of law firms.
The technology components of legal software encompass machine learning, deep learning, and natural language processing. Natural language processing involves the use of algorithms to interpret and manipulate human language, representing a subfield at the intersection of linguistics, computer science, and artificial intelligence. Legal software can be deployed in various modes, including cloud-based solutions and on-premise installations. The applications of legal software predominantly include Ediscovery, which involves the identification and collection of electronically stored information for legal purposes, and legal research. Legal software serves a wide range of end users, such as corporate legal departments and law firms, to enhance their operational efficiency and effectiveness in managing legal matters.
The legal software market research report is one of a series of new reports that provides legal software market statistics, including legal software industry, global legal software market size, regional shares, competitors with a legal software market share, detailed legal software market segments, market trends and opportunities, and any further data you may need to thrive in the legal software industry. This legal software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Major companies operating in the legal software (focus on machine learning) market include Microsoft Corporation, International Business Machines Corporation, Google LLC, Baidu Inc., Hewlett Packard Enterprise Development LP, Intel Corporation, SAP SE, SAS Institute Inc., BigML Inc., Fair Isaac Corporation, Wipro Limited, Nuance Communications Inc., KNIME.com AG, RapidMiner Inc., Angoss Software Corporation, H2O.ai Inc., Alpine Data Labs Inc., Domino Data Lab Inc., Dataiku Inc., Luminoso Technologies Inc., TrademarkVision Pty Ltd., Fractal Analytics Inc., TIBCO Software Inc., Teradata Corporation, Dell Technologies Inc., Oracle Corporation, Legal Files Software Inc., Rocket Matter LLC, RELX Group PLC, Themis Solutions Inc., MyCase Inc., Smokeball Technologies Pty Ltd., PracticePanther Legal Software LLC, Zola Media LLC, Abacus Data Systems Inc., CosmoLex Inc., TimeSolv Corporation, Bill4Time LLC, Merus Inc., CaseFleet LLC, Filevine Inc.
The Asia-Pacific was the largest region in the legal software market in 2024. Asia-Pacific is expected to be the fastest-growing region in the legal software market during the forecast period. The regions covered in the legal software (focus on machine learning) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the legal software (focus on machine learning) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The legal software market includes revenues earned by entities by offering software which is used to deliver solutions and services using artificial intelligence and machine learning for corporate legal departments and law firms. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The legal software (focus on machine learning) market size has grown rapidly in recent years. It will grow from $0.49 billion in 2024 to $0.55 billion in 2025 at a compound annual growth rate (CAGR) of 12.6%. The growth in the historic period can be attributed to increased legal workload, cost efficiency, document management, regulatory compliance, enhanced research.
The legal software (focus on machine learning) market size is expected to see rapid growth in the next few years. It will grow to $0.93 billion in 2029 at a compound annual growth rate (CAGR) of 13.7%. The growth in the forecast period can be attributed to predictive analytics, natural language processing (nlp), remote work and collaboration, global expansion, cybersecurity and privacy. Major trends in the forecast period include legal chatbots, data privacy compliance, legal analytics, virtual legal assistants, legal process automation.
The machine learning market is experiencing growth driven by the increasing demand for intelligent business processes within law firms. This entails the integration of artificial intelligence (AI) and machine learning into various aspects of business operations. AI represents systems capable of performing tasks that traditionally require human intelligence. Developed countries like the USA have widely adopted software solutions to gain benefits such as streamlined contract management and efficient analysis of legal data. Machine learning assists legal professionals and firms in managing large volumes of data and extracting valuable insights. According to the Legal Technology Survey Report by ABA Surveying, a significant number of large firms with over 500 attorneys reported using AI, and many others were considering AI adoption. The growing demand for machine learning in law firms is a key driver for this market.
The legal software market is expected to experience growth due to the increasing demand for remote work. Remote work, or telecommuting, refers to a work arrangement where employees perform their job tasks from a location outside the traditional office setting. Remote work offers legal professionals enhanced flexibility, productivity, cost savings, work-life balance, access to a broader talent pool, and greater adoption of technology. For example, in June 2023, Forbes Media LLC reported that a significant portion of the US workforce was working from home, with a substantial projected increase by 2025. This trend toward remote work is propelling the growth of the legal software market.
Several online platforms have emerged, offering clients connections with attorneys for various straightforward services like trademark registration, lease agreements, will registrations, contract executions, and resolution of consumer complaints. LegalZoom, a US-based firm, provides access to attorneys without imposing hourly fees, and its documents are widely accepted by courts and government agencies across all 50 states. This surge in online services is expected to fuel the demand for legal software.
Prominent companies in the legal software market are focusing on innovative products such as LZ Books to ensure reliable services for their clientele. LZ Books is a legal software solution crafted for go-to legal and accounting advisors. In August 2023, LegalZoom.com Inc., a US-based legal software company, unveiled LZ Books. This accounting software caters to small business owners, offering features like expense and income tracking, invoicing, payments, and the ability to link bank accounts for automated income and expense categorization, simplifying bookkeeping processes.
In August 2023, Thomas Reuters Corporation, a Canada-based information services and media company, acquired Casetext Inc. for $650 million. This acquisition was intended to furnish Thomas customers with generative AI solutions and redefine the professional landscape through the utilization of generative AI technology. With the purchase, Thomas Reuters Corporation aims to expand its market presence in generative AI products. Casetext Inc. is a US-based firm specializing in legal software solutions.
Legal software comprises applications and tools tailored for use by legal professionals to perform tasks directly related to legal matters and the efficient operation of law firms.
The technology components of legal software encompass machine learning, deep learning, and natural language processing. Natural language processing involves the use of algorithms to interpret and manipulate human language, representing a subfield at the intersection of linguistics, computer science, and artificial intelligence. Legal software can be deployed in various modes, including cloud-based solutions and on-premise installations. The applications of legal software predominantly include Ediscovery, which involves the identification and collection of electronically stored information for legal purposes, and legal research. Legal software serves a wide range of end users, such as corporate legal departments and law firms, to enhance their operational efficiency and effectiveness in managing legal matters.
The legal software market research report is one of a series of new reports that provides legal software market statistics, including legal software industry, global legal software market size, regional shares, competitors with a legal software market share, detailed legal software market segments, market trends and opportunities, and any further data you may need to thrive in the legal software industry. This legal software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Major companies operating in the legal software (focus on machine learning) market include Microsoft Corporation, International Business Machines Corporation, Google LLC, Baidu Inc., Hewlett Packard Enterprise Development LP, Intel Corporation, SAP SE, SAS Institute Inc., BigML Inc., Fair Isaac Corporation, Wipro Limited, Nuance Communications Inc., KNIME.com AG, RapidMiner Inc., Angoss Software Corporation, H2O.ai Inc., Alpine Data Labs Inc., Domino Data Lab Inc., Dataiku Inc., Luminoso Technologies Inc., TrademarkVision Pty Ltd., Fractal Analytics Inc., TIBCO Software Inc., Teradata Corporation, Dell Technologies Inc., Oracle Corporation, Legal Files Software Inc., Rocket Matter LLC, RELX Group PLC, Themis Solutions Inc., MyCase Inc., Smokeball Technologies Pty Ltd., PracticePanther Legal Software LLC, Zola Media LLC, Abacus Data Systems Inc., CosmoLex Inc., TimeSolv Corporation, Bill4Time LLC, Merus Inc., CaseFleet LLC, Filevine Inc.
The Asia-Pacific was the largest region in the legal software market in 2024. Asia-Pacific is expected to be the fastest-growing region in the legal software market during the forecast period. The regions covered in the legal software (focus on machine learning) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the legal software (focus on machine learning) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The legal software market includes revenues earned by entities by offering software which is used to deliver solutions and services using artificial intelligence and machine learning for corporate legal departments and law firms. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Legal Software (focus on machine learning) Market Characteristics3. Legal Software (focus on machine learning) Market Trends and Strategies4. Legal Software (focus on machine learning) Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, and the Recovery from COVID-19 on the Market32. Global Legal Software (focus on machine learning) Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Legal Software (focus on machine learning) Market34. Recent Developments in the Legal Software (focus on machine learning) Market
5. Global Legal Software (focus on machine learning) Growth Analysis and Strategic Analysis Framework
6. Legal Software (focus on machine learning) Market Segmentation
7. Legal Software (focus on machine learning) Market Regional and Country Analysis
8. Asia-Pacific Legal Software (focus on machine learning) Market
9. China Legal Software (focus on machine learning) Market
10. India Legal Software (focus on machine learning) Market
11. Japan Legal Software (focus on machine learning) Market
12. Australia Legal Software (focus on machine learning) Market
13. Indonesia Legal Software (focus on machine learning) Market
14. South Korea Legal Software (focus on machine learning) Market
15. Western Europe Legal Software (focus on machine learning) Market
16. UK Legal Software (focus on machine learning) Market
17. Germany Legal Software (focus on machine learning) Market
18. France Legal Software (focus on machine learning) Market
19. Italy Legal Software (focus on machine learning) Market
20. Spain Legal Software (focus on machine learning) Market
21. Eastern Europe Legal Software (focus on machine learning) Market
22. Russia Legal Software (focus on machine learning) Market
23. North America Legal Software (focus on machine learning) Market
24. USA Legal Software (focus on machine learning) Market
25. Canada Legal Software (focus on machine learning) Market
26. South America Legal Software (focus on machine learning) Market
27. Brazil Legal Software (focus on machine learning) Market
28. Middle East Legal Software (focus on machine learning) Market
29. Africa Legal Software (focus on machine learning) Market
30. Legal Software (focus on machine learning) Market Competitive Landscape and Company Profiles
31. Legal Software (focus on machine learning) Market Other Major and Innovative Companies
35. Legal Software (focus on machine learning) Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Legal Software (focus on machine learning) Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on legal software (focus on machine learning) market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
- Assess the impact of key macro factors such as conflict, pandemic and recovery, inflation and interest rate environment and the 2nd Trump presidency.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for legal software (focus on machine learning) ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The legal software (focus on machine learning) market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include: the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Deployment Mode: Cloud; on-Premise2) By Technology: Machine Learning and Deep Learning; Natural Language Processing
3) By Application: eDiscovery; Legal Research
4) By End User: Corporate Legal Departments; Law Firms
Subsegments:
1) By Cloud: Public Cloud; Private Cloud; Hybrid Cloud2) By on-Premise: on-Premise Software (Traditional on-site Deployment)
Key Companies Mentioned: Microsoft Corporation; International Business Machines Corporation; Google LLC; Baidu Inc.; Hewlett Packard Enterprise Development LP
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The major companies featured in this Legal Software (focus on machine learning) market report include:- Microsoft Corporation
- International Business Machines Corporation
- Google LLC
- Baidu Inc.
- Hewlett Packard Enterprise Development LP
- Intel Corporation
- SAP SE
- SAS Institute Inc.
- BigML Inc.
- Fair Isaac Corporation
- Wipro Limited
- Nuance Communications Inc.
- KNIME.com AG
- RapidMiner Inc.
- Angoss Software Corporation
- H2O.ai Inc.
- Alpine Data Labs Inc.
- Domino Data Lab Inc.
- Dataiku Inc.
- Luminoso Technologies Inc.
- TrademarkVision Pty Ltd.
- Fractal Analytics Inc.
- TIBCO Software Inc.
- Teradata Corporation
- Dell Technologies Inc.
- Oracle Corporation
- Legal Files Software Inc.
- Rocket Matter LLC
- RELX Group plc
- Themis Solutions Inc.
- MyCase Inc.
- Smokeball Technologies Pty Ltd.
- PracticePanther Legal Software LLC
- Zola Media LLC
- Abacus Data Systems Inc.
- CosmoLex Inc.
- TimeSolv Corporation
- Bill4Time LLC
- Merus Inc.
- CaseFleet LLC
- Filevine Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 175 |
| Published | April 2025 |
| Forecast Period | 2025 - 2029 |
| Estimated Market Value ( USD | $ 0.55 Billion |
| Forecasted Market Value ( USD | $ 0.93 Billion |
| Compound Annual Growth Rate | 13.7% |
| Regions Covered | Global |
| No. of Companies Mentioned | 41 |
