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Legal Analytics Market Next Big Thing | Major Giants MindCrest, Thomson Reuters, IBM

legal analytics market next big thing major giants mindcrest thomson reuters ibm

Legal Analytics Mark

iCrowdNewswire   Dec 14, 2020  9:00 AM ET

Latest released the research study on Global Legal Analytics Market, offers a detailed overview of the factors influencing the global business scope. Legal Analytics Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Legal Analytics. The study covers emerging player’s data, including: competitive landscape, sales, revenue and global market share of top manufacturers are Wolters Kluwer (Netherlands),Thomson Reuters (Canada),MindCrest (United States),UnitedLex Corporation (United States),Argopoint (United States),LexisNexis (United States),Premonition (United States),Analytics Consulting (United States),The Bureau of National Affairs (BNA) (United States),IBM Corporation (United States).

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The legal analytics market is expected to witness significant growth during the forecast period. Legal analytics manages the process of extracting knowledge from current legal data to help internal legal teams and decision-makers on certain legal matters. This is done by forecasting strategy, comparative legal costs, process development, financial operations, and resource management. Litigators use legal analytics to reveal trends and patterns in past litigation that inform legal strategy and anticipate outcomes in current cases. Further, it relies on advanced technologies, such as machine learning and natural language processing, to clean up, structure, and analyze raw data from millions of case dockets and documents.

Market Influencing Trends:

Growing Demand for Automation in Legal Analytics for Data-Driven Decision Making

Increase in Productivity and Revenue of Law Firms

Growth Drivers

High Demand due to  Analytics Solution Helps in Risk Assessment and Informed Decision Making

Legal Analytics Provide an Economical way to Perform Complete Legal Research and Strategize for a Defense along with the offense

Restraints that are major highlights:

Lack of Awareness Among Litigators and Law Schools


 Increasing Demand for Legal Analytics Across Verticals

The Global Legal Analytics Market segments and Market Data Break Down are illuminated below:

Study by Type (Descriptive Analytics, Prescriptive Analytics, Predictive Analytics), Deployment Mode (Cloud, On-premise), Component (Solution, Services), End User (Corporates, Law Firms, Others)

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Analyst at AMA have conducted special survey and have connected with opinion leaders and Industry experts from various region to minutely understand impact on growth as well as local reforms to fight the situation. A special chapter in the study presents Impact Analysis of COVID-19 on Global Legal Analytics Market along with tables and graphs related to various country and segments showcasing impact on growth trends.

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

What benefits does AMA research study is going to provide?

  • Latest industry influencing trends and development scenario
  • Open up New Markets
  • To Seize powerful market opportunities
  • Key decision in planning and to further expand market share
  • Identify Key Business Segments, Market proposition & Gap Analysis
  • Assisting in allocating marketing investments

Strategic Points Covered in Table of Content of Global Legal Analytics Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Legal Analytics market

Chapter 2: Exclusive Summary – the basic information of the Legal Analytics Market.

Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Legal Analytics

Chapter 4: Presenting the Legal Analytics Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying market size by Type, End User and Region 2014-2019

Chapter 6: Evaluating the leading manufacturers of the Legal Analytics market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries (2020-2025).

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, Legal Analytics Market is a valuable source of guidance for individuals and companies in decision framework.

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Key questions answered

  • Who are the Leading key players and what are their Key Business plans in the Global Legal Analytics market?
  • What are the key concerns of the five forces analysis of the Global Legal Analytics market?
  • What are different prospects and threats faced by the dealers in the Global Legal Analytics market?
  • What are the strengths and weaknesses of the key vendors?

Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

About Author:

Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies’ revenues.

Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enable clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.

Contact Us:

Craig Francis (PR & Marketing Manager)
AMA Research & Media LLP
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA – 08837
Phone: +1 (206) 317 1218
[email protected] 

Connect with us at

Contact Information:

Craig Francis (PR & Marketing Manager)
AMA Research & Media LLP
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA – 08837
Phone: +1 (206) 317 1218
[email protected]

Connect with us at


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