Online Legal Services Market Size

The legal market size in India is huge. With 3.3 crore pending case in courts and around 16 lakh new cases are filed every month in the Indian courts. This takes total cost incurred by litigants to a whooping 30,000 crore INR. With so much of cost…

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The Online Legal Services industry has a low level of market share concentration. In 2018, IBISWorld estimates that the three largest companies operating in the industry will account for less than 10.0% of the available market share.

Technology and the changing legal services marketLegal services industry in the U.S. – Statistics & Facts The legal services industry in the United States generated 256.66 billion u.s. dollars in revenue in 2013. By 2018, this revenue is expected to increase to approximately 288 billion.

The global legal services market is comprised of various services such as legal transcription, legal research, secretarial and legal publishing services, contract services, intellectual property litigation support and document review.

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The largest piece of the market is law firms with a total combined revenue of $276 billion. Following law firms, corporate legal departments represent about $160 billion with the remaining $1 billion falling to LPOs.

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What Size is the Addressable US Legal Market? Posted by: Frank Strong January 15, 2015 in Corporate Counsel, Small Law 2 Comments We know the legal market is large but just how large, is largely dependent, on the parameters in use.

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. . .in the legal profession: LegalZoom, the do-it-your-self legal documents company. The company filed for an IPO with the SEC last week that could raise as much as $120 million. It’s couch change ne…

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