U.S. Legal Management Advisory for Legal Operations and Contract Management Market By Organization size (Large Enterprises, Small and Medium Enterprises), By End-use (Banking, Financial services, and Insurance, Government and Defense, Legal, Healthcare and Life sciences, Real Estate, Manufacturing and Engineering, IT and Communication, Others), By Region (Northeast, Midwest, South, West) – U.S Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2019 – 2027

Report ID :AMI-382 | Category : Information & Technology | Published Date : January, 2020 | Pages : 702 | Format :PDF

Industry Trends

U.S. Legal Management Advisory for Legal Operations and Contract Management market was valued at US$ 1,002.3 million in 2019 and is expected to reach US$ 9,774.0 million by 2027, growing at an estimated CAGR of 32.9% over the forecast period. Legal management advisory services include various consulting services that are provided by legal management consulting companies as well as law firms. Such services are availed by business enterprises of various sized (large enterprises as well as small & medium enterprises). Nowadays, business environment is becoming complex as businesses are looking forward to operate internationally amidst various regulatory frameworks and compliances. There are organizations that rely on their in-house team of legal professionals for their legal requirements. However, various business aspects require professionals that specialize in specific areas. Such demand are catered in an efficient manner by a third party engaged in providing related consulting services. One of the major factors fuelling the Legal Management Advisory for Legal Operations and Contract Management Market is cost associated in managing a vast in-house legal department.

U.S. Legal Management Advisory for Legal Operations and Contract Management Market has been witnessing a consistent growth. As more business organizations are looking forward to operating/having their customer base in the U.S., management of legal aspects of various contracts is becoming crucial and require legal advisory. Such services are in demand across a wide range of industry verticals including banking & finance, real estate, manufacturing and others. Market has been witnessing various advancements in terms of kind of services being offered and service delivery. Machine learning and AI solutions have helped market participants to match with customer requirements in a better manner.

U.S. Legal Management Advisory for Legal Operations and Contract Management Market Revenue & Forecast, (US$ Million), 2019 – 2027

Competitive Landscape

The report provides both, qualitative and quantitative research of U.S. Legal Management Advisory for Legal Operations and Contract Management Market, as well as provides comprehensive insights and favored development methods adopted by the key contenders. The report also offers extensive research on the key players in this market and details on the competitiveness of these players. Key business strategies such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts adopted by these major market participants are also recognized and analyzed in the report. For each company, the report studies their global presence, competitors, service offerings, specification, pricing, and gross margin.

Some of the players operating in U.S. Legal Management Advisory for Legal Operations and Contract Management Market are Acuity Management Solutions, doeLEGAL,Inc. LegalSuite, LexisNexis, MITRATECH, Onit,Inc. SimpleLegal,Inc, Wolters Kluwer ELM Solutions, Incamongst others.

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Legal Management Advisory for Legal Operations and Contract Management Market:

By Organization Size
- Large Enterprises
- Small and Medium Enterprises
By End-use
- Banking, Financial Services, and Insurance (BFSI)
- Government and Defense
- Legal
- Healthcare and Life Sciences
- Real Estate
- Manufacturing and Engineering
- IT and Communication
- Others
By Regions
- Northeast
- Midwest
- South
- West

Table of Contents

1. Market Scope

1.1. Market Segmentation

1.2. Years Considered

1.2.1. Historic Years: 2015 - 2017

1.2.2. Base Year: 2018

1.2.3. Forecast Years: 2019 – 2027

2. Key Target Audiences

3. Research Methodology

3.1. Primary Research

3.1.1. Research Questionnaire

3.1.2. U.S. Percentage Breakdown

3.1.3. Primary Interviews: Key Opinion Leaders (KOLs)

3.2. Secondary Research

3.2.1. Paid Databases

3.2.2. Secondary Sources

3.3. Market Size Estimates

3.3.1. Top-Down Approach

3.3.2. Bottom-Up Approach

3.4. Data Triangulation Methodology

3.5. Research Assumptions

4. Recommendations and Insights from AMI’s Perspective**

5. Holistic Overview of Legal Management Advisory for Legal Operations and Contract Management Market

6. Market Synopsis: Legal Management Advisory for Legal Operations and Contract Management Market

7. Legal Management Advisory for Legal Operations and Contract Management Market Analysis: Qualitative Perspective

7.1. Introduction

7.1.1. Product Definition

7.1.2. Industry Development

7.2. Market Dynamics

7.2.1. Drivers

7.2.2. Restraints

7.2.3. Opportunities

7.3. Trends in Legal Management Advisory for Legal Operations and Contract Management Market

7.4. Market Determinants Radar Chart

7.5. Macro-Economic and Micro-Economic Indicators: Legal Management Advisory for Legal Operations and Contract Management Market

7.6. Porter’s Five Force Analysis

8. U.S. Legal Management Advisory for Legal Operations and Contract Management Market Analysis and Forecasts, 2019 – 2027

8.1. Overview

8.1.1. U.S. Legal Management Advisory for Legal Operations and Contract Management Market Revenue (US$ Mn)

8.2. U.S. Legal Management Advisory for Legal Operations and Contract Management Market Revenue (US$ Mn) and Forecasts, By Organization Size

8.2.1. Large Enterprises

8.2.1.1. Definition

8.2.1.2. Market Penetration, 2018

8.2.1.3. Market Estimation, 2015 – 2018

8.2.1.4. Market Forecast, 2019 – 2027

8.2.1.5. Compound Annual Growth Rate (CAGR)

8.2.1.6. Regional Bifurcation

8.2.1.6.1. Northeast

8.2.1.6.1.1. Market Estimation, 2015 – 2018

8.2.1.6.1.2. Market Forecast, 2019 – 2027

8.2.1.6.2. Midwest

8.2.1.6.2.1. Market Estimation, 2015 – 2018

8.2.1.6.2.2. Market Forecast, 2019 – 2027

8.2.1.6.3. South

8.2.1.6.3.1. Market Estimation, 2015 – 2018

8.2.1.6.3.2. Market Forecast, 2019 – 2027

8.2.1.6.4. West

8.2.1.6.4.1. Market Estimation, 2015 – 2018

8.2.1.6.4.2. Market Forecast, 2019 – 2027

8.2.2. Small and Medium Enterprises

8.2.2.1. Definition

8.2.2.2. Market Penetration, 2018

8.2.2.3. Market Estimation, 2015 – 2018

8.2.2.4. Market Forecast, 2019 – 2027

8.2.2.5. Compound Annual Growth Rate (CAGR)

8.2.2.6. Regional Bifurcation

8.2.2.6.1. Northeast

8.2.2.6.1.1. Market Estimation, 2015 – 2018

8.2.2.6.1.2. Market Forecast, 2019 – 2027

8.2.2.6.2. Midwest

8.2.2.6.2.1. Market Estimation, 2015 – 2018

8.2.2.6.2.2. Market Forecast, 2019 – 2027

8.2.2.6.3. South

8.2.2.6.3.1. Market Estimation, 2015 – 2018

8.2.2.6.3.2. Market Forecast, 2019 – 2027

8.2.2.6.4. West

8.2.2.6.4.1. Market Estimation, 2015 – 2018

8.2.2.6.4.2. Market Forecast, 2019 – 2027

8.3. Key Segment for Channeling Investments

8.3.1. By Organization Size

9. U.S. Legal Management Advisory for Legal Operations and Contract Management Market Analysis and Forecasts, 2019 – 2027

9.1. Overview

9.2. U.S. Legal Management Advisory for Legal Operations and Contract Management Market Revenue (US$ Mn) and Forecasts, By End-use

9.2.1. Banking, Financial Services, and Insurance (BFSI)

9.2.1.1. Definition

9.2.1.2. Market Penetration, 2018

9.2.1.3. Market Estimation, 2015 – 2018

9.2.1.4. Market Forecast, 2019 – 2027

9.2.1.5. Compound Annual Growth Rate (CAGR)

9.2.1.6. Regional Bifurcation

9.2.1.6.1. Northeast

9.2.1.6.1.1. Market Estimation, 2015 – 2018

9.2.1.6.1.2. Market Forecast, 2019 – 2027

9.2.1.6.2. Midwest

9.2.1.6.2.1. Market Estimation, 2015 – 2018

9.2.1.6.2.2. Market Forecast, 2019 – 2027

9.2.1.6.3. South

9.2.1.6.3.1. Market Estimation, 2015 – 2018

9.2.1.6.3.2. Market Forecast, 2019 – 2027

9.2.1.6.4. West

9.2.1.6.4.1. Market Estimation, 2015 – 2018

9.2.1.6.4.2. Market Forecast, 2019 – 2027

9.2.2. Government and Defense

9.2.2.1. Definition

9.2.2.2. Market Penetration, 2018

9.2.2.3. Market Estimation, 2015 – 2018

9.2.2.4. Market Forecast, 2019 – 2027

9.2.2.5. Compound Annual Growth Rate (CAGR)

9.2.2.6. Regional Bifurcation

9.2.2.6.1. Northeast

9.2.2.6.1.1. Market Estimation, 2015 – 2018

9.2.2.6.1.2. Market Forecast, 2019 – 2027

9.2.2.6.2. Midwest

9.2.2.6.2.1. Market Estimation, 2015 – 2018

9.2.2.6.2.2. Market Forecast, 2019 – 2027

9.2.2.6.3. South

9.2.2.6.3.1. Market Estimation, 2015 – 2018

9.2.2.6.3.2. Market Forecast, 2019 – 2027

9.2.2.6.4. West

9.2.2.6.4.1. Market Estimation, 2015 – 2018

9.2.2.6.4.2. Market Forecast, 2019 – 2027

9.2.3. Legal

9.2.3.1. Definition

9.2.3.2. Market Penetration, 2018

9.2.3.3. Market Estimation, 2015 – 2018

9.2.3.4. Market Forecast, 2019 – 2027

9.2.3.5. Compound Annual Growth Rate (CAGR)

9.2.3.6. Regional Bifurcation

9.2.3.6.1. Northeast

9.2.3.6.1.1. Market Estimation, 2015 – 2018

9.2.3.6.1.2. Market Forecast, 2019 – 2027

9.2.3.6.2. Midwest

9.2.3.6.2.1. Market Estimation, 2015 – 2018

9.2.3.6.2.2. Market Forecast, 2019 – 2027

9.2.3.6.3. South

9.2.3.6.3.1. Market Estimation, 2015 – 2018

9.2.3.6.3.2. Market Forecast, 2019 – 2027

9.2.3.6.4. West

9.2.3.6.4.1. Market Estimation, 2015 – 2018

9.2.3.6.4.2. Market Forecast, 2019 – 2027

9.2.4. Healthcare and Life Sciences

9.2.4.1. Definition

9.2.4.2. Market Penetration, 2018

9.2.4.3. Market Estimation, 2015 – 2018

9.2.4.4. Market Forecast, 2019 – 2027

9.2.4.5. Compound Annual Growth Rate (CAGR)

9.2.4.6. Regional Bifurcation

9.2.4.6.1. Northeast

9.2.4.6.1.1. Market Estimation, 2015 – 2018

9.2.4.6.1.2. Market Forecast, 2019 – 2027

9.2.4.6.2. Midwest

9.2.4.6.2.1. Market Estimation, 2015 – 2018

9.2.4.6.2.2. Market Forecast, 2019 – 2027

9.2.4.6.3. South

9.2.4.6.3.1. Market Estimation, 2015 – 2018

9.2.4.6.3.2. Market Forecast, 2019 – 2027

9.2.4.6.4. West

9.2.4.6.4.1. Market Estimation, 2015 – 2018

9.2.4.6.4.2. Market Forecast, 2019 – 2027

9.2.5. Real Estate

9.2.5.1. Definition

9.2.5.2. Market Penetration, 2018

9.2.5.3. Market Estimation, 2015 – 2018

9.2.5.4. Market Forecast, 2019 – 2027

9.2.5.5. Compound Annual Growth Rate (CAGR)

9.2.5.6. Regional Bifurcation

9.2.5.6.1. Northeast

9.2.5.6.1.1. Market Estimation, 2015 – 2018

9.2.5.6.1.2. Market Forecast, 2019 – 2027

9.2.5.6.2. Midwest

9.2.5.6.2.1. Market Estimation, 2015 – 2018

9.2.5.6.2.2. Market Forecast, 2019 – 2027

9.2.5.6.3. South

9.2.5.6.3.1. Market Estimation, 2015 – 2018

9.2.5.6.3.2. Market Forecast, 2019 – 2027

9.2.5.6.4. West

9.2.5.6.4.1. Market Estimation, 2015 – 2018

9.2.5.6.4.2. Market Forecast, 2019 – 2027

9.2.6. Manufacturing and Engineering

9.2.6.1. Definition

9.2.6.2. Market Penetration, 2018

9.2.6.3. Market Estimation, 2015 – 2018

9.2.6.4. Market Forecast, 2019 – 2027

9.2.6.5. Compound Annual Growth Rate (CAGR)

9.2.6.6. Regional Bifurcation

9.2.6.6.1. Northeast

9.2.6.6.1.1. Market Estimation, 2015 – 2018

9.2.6.6.1.2. Market Forecast, 2019 – 2027

9.2.6.6.2. Midwest

9.2.6.6.2.1. Market Estimation, 2015 – 2018

9.2.6.6.2.2. Market Forecast, 2019 – 2027

9.2.6.6.3. South

9.2.6.6.3.1. Market Estimation, 2015 – 2018

9.2.6.6.3.2. Market Forecast, 2019 – 2027

9.2.6.6.4. West

9.2.6.6.4.1. Market Estimation, 2015 – 2018

9.2.6.6.4.2. Market Forecast, 2019 – 2027

9.2.7. IT and Communication

9.2.7.1. Definition

9.2.7.2. Market Penetration, 2018

9.2.7.3. Market Estimation, 2015 – 2018

9.2.7.4. Market Forecast, 2019 – 2027

9.2.7.5. Compound Annual Growth Rate (CAGR)

9.2.7.6. Regional Bifurcation

9.2.7.6.1. Northeast

9.2.7.6.1.1. Market Estimation, 2015 – 2018

9.2.7.6.1.2. Market Forecast, 2019 – 2027

9.2.7.6.2. Midwest

9.2.7.6.2.1. Market Estimation, 2015 – 2018

9.2.7.6.2.2. Market Forecast, 2019 – 2027

9.2.7.6.3. South

9.2.7.6.3.1. Market Estimation, 2015 – 2018

9.2.7.6.3.2. Market Forecast, 2019 – 2027

9.2.7.6.4. West

9.2.7.6.4.1. Market Estimation, 2015 – 2018

9.2.7.6.4.2. Market Forecast, 2019 – 2027

9.2.8. Others

9.2.8.1. Definition

9.2.8.2. Market Penetration, 2018

9.2.8.3. Market Estimation, 2015 – 2018

9.2.8.4. Market Forecast, 2019 – 2027

9.2.8.5. Compound Annual Growth Rate (CAGR)

9.2.8.6. Regional Bifurcation

9.2.8.6.1. Northeast

9.2.8.6.1.1. Market Estimation, 2015 – 2018

9.2.8.6.1.2. Market Forecast, 2019 – 2027

9.2.8.6.2. Midwest

9.2.8.6.2.1. Market Estimation, 2015 – 2018

9.2.8.6.2.2. Market Forecast, 2019 – 2027

9.2.8.6.3. South

9.2.8.6.3.1. Market Estimation, 2015 – 2018

9.2.8.6.3.2. Market Forecast, 2019 – 2027

9.2.8.6.4. West

9.2.8.6.4.1. Market Estimation, 2015 – 2018

9.2.8.6.4.2. Market Forecast, 2019 – 2027

9.3. Key Segment for Channeling Investments

9.3.1. By End-use

10. U.S. Legal Management Advisory for Legal Operations and Contract Management Market Analysis and Forecasts, 2019 – 2027

10.1. Overview

10.2. U.S. Legal Management Advisory for Legal Operations and Contract Management Market Revenue (US$ Mn) and Forecasts By Region

10.2.1. Northeast

10.2.1.1. Northeast Legal Management Advisory for Legal Operations and Contract Management Market Revenue (US$ Mn) and Forecasts, By Organization Size

10.2.1.1.1. Large Enterprises

10.2.1.1.2. Small and Medium Enterprises

10.2.1.2. Northeast Legal Management Advisory for Legal Operations and Contract Management Market Revenue (US$ Mn) and Forecasts, By End-use

10.2.1.2.1. Banking, Financial Services, and Insurance (BFSI)

10.2.1.2.2. Government and Defense

10.2.1.2.3. Legal

10.2.1.2.4. Healthcare and Life Sciences

10.2.1.2.5. Real Estate

10.2.1.2.6. Manufacturing and Engineering

10.2.1.2.7. IT and Communication

10.2.1.2.8. Others

10.2.2. Midwest

10.2.2.1. Midwest Legal Management Advisory for Legal Operations and Contract Management Market Revenue (US$ Mn) and Forecasts, By Organization Size

10.2.2.1.1. Large Enterprises

10.2.2.1.2. Small and Medium Enterprises

10.2.2.2. Midwest Legal Management Advisory for Legal Operations and Contract Management Market Revenue (US$ Mn) and Forecasts, By End-use

10.2.2.2.1. Banking, Financial Services, and Insurance (BFSI)

10.2.2.2.2. Government and Defense

10.2.2.2.3. Legal

10.2.2.2.4. Healthcare and Life Sciences

10.2.2.2.5. Real Estate

10.2.2.2.6. Manufacturing and Engineering

10.2.2.2.7. IT and Communication

10.2.2.2.8. Others

10.2.3. South

10.2.3.1. South Legal Management Advisory for Legal Operations and Contract Management Market Revenue (US$ Mn) and Forecasts, By Organization Size

10.2.3.1.1. Large Enterprises

10.2.3.1.2. Small and Medium Enterprises

10.2.3.2. South Legal Management Advisory for Legal Operations and Contract Management Market Revenue (US$ Mn) and Forecasts, By End-use

10.2.3.2.1. Banking, Financial Services, and Insurance (BFSI)

10.2.3.2.2. Government and Defense

10.2.3.2.3. Legal

10.2.3.2.4. Healthcare and Life Sciences

10.2.3.2.5. Real Estate

10.2.3.2.6. Manufacturing and Engineering

10.2.3.2.7. IT and Communication

10.2.3.2.8. Others

10.2.4. West

10.2.4.1. West Legal Management Advisory for Legal Operations and Contract Management Market Revenue (US$ Mn) and Forecasts, By Organization Size

10.2.4.1.1. Large Enterprises

10.2.4.1.2. Small and Medium Enterprises

10.2.4.2. West Legal Management Advisory for Legal Operations and Contract Management Market Revenue (US$ Mn) and Forecasts, By End-use

10.2.4.2.1. Banking, Financial Services, and Insurance (BFSI)

10.2.4.2.2. Government and Defense

10.2.4.2.3. Legal

10.2.4.2.4. Healthcare and Life Sciences

10.2.4.2.5. Real Estate

10.2.4.2.6. Manufacturing and Engineering

10.2.4.2.7. IT and Communication

10.2.4.2.8. Others

11. Competitive Benchmarking

11.1. Market Share Analysis, 2018

11.2. U.S. Presence and Growth Strategies

11.2.1. Mergers and Acquisitions

11.2.2. Product Launches

11.2.3. Investments Trends

11.2.4. R&D Initiatives

12. Player Profiles

12.1. Acuity Management Solutions

12.1.1. Company Details

12.1.2. Company Overview

12.1.3. Product Offerings

12.1.4. Key Developments

12.1.5. Financial Analysis

12.1.6. SWOT Analysis

12.1.7. Business Strategies

12.2. doeLEGAL,Inc.

12.2.1. Company Details

12.2.2. Company Overview

12.2.3. Product Offerings

12.2.4. Key Developments

12.2.5. Financial Analysis

12.2.6. SWOT Analysis

12.2.7. Business Strategies

12.3. LegalSuite

12.3.1. Company Details

12.3.2. Company Overview

12.3.3. Product Offerings

12.3.4. Key Developments

12.3.5. Financial Analysis

12.3.6. SWOT Analysis

12.3.7. Business Strategies

12.4. LexisNexis

12.4.1. Company Details

12.4.2. Company Overview

12.4.3. Product Offerings

12.4.4. Key Developments

12.4.5. Financial Analysis

12.4.6. SWOT Analysis

12.4.7. Business Strategies

12.5. MITRATECH

12.5.1. Company Details

12.5.2. Company Overview

12.5.3. Product Offerings

12.5.4. Key Developments

12.5.5. Financial Analysis

12.5.6. SWOT Analysis

12.5.7. Business Strategies

12.6. Onit,Inc.

12.6.1. Company Details

12.6.2. Company Overview

12.6.3. Product Offerings

12.6.4. Key Developments

12.6.5. Financial Analysis

12.6.6. SWOT Analysis

12.6.7. Business Strategies

12.7. SimpleLegal,Inc,

12.7.1. Company Details

12.7.2. Company Overview

12.7.3. Product Offerings

12.7.4. Key Developments

12.7.5. Financial Analysis

12.7.6. SWOT Analysis

12.7.7. Business Strategies

12.8. Wolters Kluwer ELM Solutions

12.8.1. Company Details

12.8.2. Company Overview

12.8.3. Product Offerings

12.8.4. Key Developments

12.8.5. Financial Analysis

12.8.6. SWOT Analysis

12.8.7. Business Strategies

12.9. Other Market Participants

13. Key Findings

At Absolute Markets Insights, we are engaged in building both global as well as country specific reports. As a result, the approach taken for deriving the estimation and forecast for a specific country is a bit unique and different in comparison to the global research studies. In this case, we not only study the concerned market factors & trends prevailing in a particular country (from secondary research) but we also tend to calculate the actual market size & forecast from the revenue generated from the market participants involved in manufacturing or distributing the any concerned product. These companies can also be service providers. For analyzing any country specifically, we do consider the growth factors prevailing under the states/cities/county for the same. For instance, if we are analyzing an industry specific to United States, we primarily need to study about the states present under the same(where the product/service has the highest growth). Similar analysis will be followed by other countries. Our scope of the report changes with different markets.

Our research study is mainly implement through a mix of both secondary and primary research. Various sources such as industry magazines, trade journals, and government websites and trade associations are reviewed for gathering precise data. Primary interviews are conducted to validate the market size derived from secondary research. Industry experts, major manufacturers and distributors are contacted for further validation purpose on the current market penetration and growth trends.

Prominent participants in our primary research process include:

Key Opinion Leaders namely the CEOs, CSOs, VPs, purchasing managers, amongst others
Research and development participants, distributors/suppliers and subject matter experts

Secondary Research includes data extracted from paid data sources: