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2030 年法律科技市場預測:按組件、類型、部署模式、最終用戶和地區進行的全球分析Legal Technology Market Forecasts to 2030 - Global Analysis By Component, Type, Deployment Mode, End User and By Geography |
根據 Stratistics MRC 的數據,2024 年全球法律科技市場規模為 290.5 億美元,預計預測期內複合年成長率為 11.3%,到 2030 年將達到 552.2 億美元。
法律科技通常被稱為“法律技術”,包含各種旨在增強和簡化法律實踐和服務的數位工具和創新。法律科技旨在透過自動化日常任務、促進更好的資料分析以及實現更有效的客戶溝通來提高效率、降低成本並增加法律領域的可及性。透過利用人工智慧、機器學習、區塊鏈技術等先進技術,法律科技使律師事務所和法律部門能夠最佳化工作流程、降低風險,並提供更準確、更及時的法律服務。
據 Lawtech 365 稱,到 2023 年,律師和律師事務所可以透過使用簡化專業重複性任務的法律科技解決方案節省約 40% 的時間。
擴大雲端運算的使用
雲端運算的興起正在徹底改變法律技術,提供擴充性、靈活且經濟高效的解決方案來增強法律業務。雲端基礎的平台允許律師事務所和法律部門安全地儲存大量資料,從任何地方存取數據並即時協作,從而大大提高生產力。先進的雲端解決方案有助於部署人工智慧驅動的法律研究工具、案件管理系統和電子取證服務,從而實現更有效率的案件處理和資料分析。此外,雲端運算支援自動化工作流程和簡化的文件管理,減少管理負擔並最大限度地減少錯誤。
培訓和可用性問題
法律科技有潛力改變法律產業,但其影響往往因培訓和可用性挑戰而減弱。許多習慣於傳統做法的法律專業人士難以適應新科技工具,導致使用率低落和效率低。這些技術的培訓計劃往往不充分或教學品質不佳,導致使用者必須應對複雜的系統。設計不當的介面使可用性問題變得更加複雜,這些介面不直覺且繁瑣,阻礙了採用。這些因素的結合阻礙了科技與法律工作流程的有效整合,最終抑制了生產力和創新。
法律技術標準的出現
法律科技標準的出現為創新和互通性提供了結構化框架,並且正在徹底改變法律科技格局。隨著法律科技解決方案變得越來越普遍,標準化通訊協定和指南允許不同的系統無縫地協同工作,從而增強平台之間的資料整合和通訊。這些標準促進了更可靠、更安全的資訊交流,降低了與合規性和整合相關的成本,並創造了一個可以更輕鬆地比較和評估解決方案的競爭環境。透過建立功能、安全性和可用性的基準,法律科技標準簡化了新技術的採用,並使法律專業人士更容易使用和有效地使用先進的工具。
資料安全問題
資料安全問題阻礙了創新解決方案的採用,並嚴重阻礙了法律技術的進步。法律科技通常處理敏感的客戶訊息,例如個人資料和敏感的法律文件。這引起了人們對潛在資料外洩、未授權存取以及遵守 GDPR 和 HIPAA 等嚴格法規的擔憂。因此,律師事務所和技術提供者必須在強而有力的安全措施上進行大量投資,而實施起來成本高且複雜。然而,對廣泛加密、安全資料儲存和持續監控的需求增加了營運負擔並減緩了新技術的整合。
COVID-19 大流行對法律科技產生了重大影響,加速了其採用和轉型。封鎖和社會疏離措施使傳統的面對面法律實踐不再可行,迫使辦公室和法院轉向數位解決方案。遠距工作和虛擬試驗已成為主流,導致人們越來越依賴雲端基礎的平台和協作工具。這一轉變不僅促進了危機期間的連續性,也凸顯了提高法律程序效率和靈活性的必要性。此次疫情凸顯了科技在簡化法律工作流程、增強司法救助和降低營運成本的潛力。
預計合約生命週期管理領域在預測期間規模最大
透過簡化和自動化從合約開始到續約和終止的整個合約管理流程,合約生命週期管理部門預計在預測期內將成長最快。傳統的合約管理方法通常以手動文書工作和不同的系統為特徵,擴大被提供集中式數位平台的複雜 CLM 解決方案所取代。這些平台有助於更有效率、準確地起草、談判、核准和監控合約。此外,人工智慧和機器學習等先進功能可以幫助您分析合約條款、預測風險並確保合規性,從而顯著減少錯誤並加快流程。
預計律師事務所業務在預測期間內複合年成長率最高
律師事務所領域預計在預測期內複合年成長率最高。律師事務所擴大採用先進的法律技術來簡化業務並改善服務交付。這種增強包括採用先進的工具,例如用於文件審查的人工智慧、訴訟結果的預測分析以及用於安全交易記錄的區塊鏈。這些技術可以自動化合約分析和法律研究等日常業務,減少人為錯誤並提高效率。我們的人工智慧平台還可以實現更準確的案件預測和策略洞察,使我們能夠提供更主動和量身定做的法律解決方案。
隨著遠距工作成為主流,律師事務所和法律部門擴大採用技術來簡化業務、加強協作並保持生產力,無論身在何處,預計北美將成為最大的市場,佔據最大佔有率。這種轉變正在推動先進法律技術工具的區域發展,例如雲端基礎的案件管理系統、虛擬法庭平台和人工智慧驅動的法律研究應用程式。這些創新使律師能夠在該地區的任何地方管理案件、存取文件並與客戶無縫互動。
預計歐洲地區將透過促進技術創新和確保嚴格的標準在預測期內保持盈利成長。歐盟 (EU) 的《一般資料保護規範》(GDPR) 和其他法規結構為合法科技公司創造了一個結構化的環境,重點是資料安全、隱私和道德考量。這些法規將鼓勵地區採用人工智慧和區塊鏈等先進技術,並鼓勵公司開發符合嚴格要求的解決方案。
According to Stratistics MRC, the Global Legal Technology Market is accounted for $29.05 billion in 2024 and is expected to reach $55.22 billion by 2030 growing at a CAGR of 11.3% during the forecast period. Legal technology, often referred to as "Legal Tech," encompasses a range of digital tools and innovations designed to enhance and streamline legal practices and services. Legal Tech aims to improve efficiency, reduce costs, and increase accessibility within the legal field by automating routine tasks, facilitating better data analysis, and enabling more effective client communication. By leveraging advancements such as artificial intelligence, machine learning, and blockchain technology, Legal Tech helps law firms and legal departments to optimize workflows, mitigate risks, and deliver more accurate and timely legal services.
According to Lawtech 365, in 2023, lawyers and law firms can achieve about 40% of time savings through the use of legal tech solutions that can streamline repetitive tasks in the profession.
Increased use of cloud computing
The rise of cloud computing is profoundly transforming Legal Technology by offering scalable, flexible, and cost-effective solutions that enhance legal operations. Cloud-based platforms enable law firms and legal departments to store vast amounts of data securely, access it from anywhere, and collaborate in real-time, which significantly boosts productivity. Advanced cloud solutions facilitate the deployment of AI-powered legal research tools, case management systems, and e-discovery services, allowing for more efficient case handling and data analysis. Furthermore, cloud computing supports automated workflows and streamlined document management, reducing administrative burdens and minimizing errors.
Training and usability issues
Legal technology holds transformative potential for the legal industry, yet its impact is often diminished by training and usability challenges. Many legal professionals, accustomed to traditional practices, find it difficult to adapt to new technological tools, leading to underutilization and inefficiencies. Training programs for these technologies frequently fall short, either due to inadequate content or insufficient engagement, leaving users struggling with complex systems. Usability issues further exacerbate the problem, as poorly designed interfaces can be unintuitive and cumbersome, discouraging widespread adoption. The combination of these factors creates a barrier to the effective integration of technology into legal workflows, ultimately impeding productivity and innovation.
Emergence of legal tech standards
The emergence of legal tech standards is revolutionizing the legal technology landscape by providing a structured framework for innovation and interoperability. As legal tech solutions proliferate, standardized protocols and guidelines ensure that disparate systems can work together seamlessly, enhancing data integration and communication across platforms. These standards facilitate more reliable and secure exchanges of information, reduce costs related to compliance and integration, and foster a more competitive environment where solutions can be more easily compared and evaluated. By establishing benchmarks for functionality, security, and usability, legal tech standards help streamline the adoption of new technologies, making advanced tools more accessible and effective for legal professionals.
Data security concerns
Data security concerns are significantly hindering the advancement of legal technology by creating barriers to the adoption of innovative solutions. Legal technology often involves the handling of sensitive client information, including personal data and confidential legal documents. This raises concerns about potential data breaches, unauthorized access, and compliance with stringent regulations such as GDPR and HIPAA. As a result, legal firms and technology providers must invest heavily in robust security measures, which can be costly and complex to implement. However, the need for extensive encryption, secure data storage, and continuous monitoring adds to the operational burden and slows down the integration of new technologies.
The COVID-19 pandemic profoundly impacted legal technology, accelerating its adoption and transformation. With lockdowns and social distancing measures, traditional in-person legal practices became untenable, pushing firms and courts towards digital solutions. Remote work and virtual court hearings became the norm, increasing reliance on cloud-based platforms and collaborative tools. This shift not only facilitated continuity during the crisis but also highlighted the need for greater efficiency and flexibility in legal processes. The pandemic underscored the potential for technology to streamline legal workflows, enhance access to justice, and reduce operational costs.
The Contract Lifecycle Management segment is expected to be the largest during the forecast period
Contract Lifecycle Management segment is expected to be the largest during the forecast period by streamlining and automating the entire process of managing contracts, from initiation through renewal or termination. Traditional contract management methods, often characterized by manual paperwork and disparate systems, are increasingly being replaced by sophisticated CLM solutions that offer centralized digital platforms. These platforms facilitate the drafting, negotiation, approval, and monitoring of contracts with greater efficiency and accuracy. Furthermore, advanced features like artificial intelligence and machine learning enhance the capability to analyze contract terms, predict risks, and ensure compliance, significantly reducing errors and speeding up processes.
The Law Firms segment is expected to have the highest CAGR during the forecast period
Law Firms segment is expected to have the highest CAGR during the forecast period. Law firms are increasingly integrating advanced legal technology to streamline operations and improve service delivery. This enhancement involves adopting sophisticated tools like artificial intelligence for document review, predictive analytics for case outcomes, and blockchain for secure transaction records. By leveraging these technologies, firms can automate routine tasks such as contract analysis and legal research, thereby reducing human error and increasing efficiency. AI-driven platforms also enable more accurate case predictions and strategic insights, allowing firms to offer more proactive and tailored legal solutions.
As remote work becomes a mainstay, law firms and legal departments are increasingly adopting technology to streamline operations, enhance collaboration, and maintain productivity regardless of location, North America commanded the largest share of the market over the extrapolated period. This shift is driving the regional development of sophisticated legal tech tools such as cloud-based case management systems, virtual courtroom platforms, and AI-powered legal research applications. These innovations enable lawyers to manage cases, access documents, and interact with clients seamlessly from anywhere across the region.
Europe region is projected to hold profitable growth during the estimation period by fostering innovation and ensuring robust standards. The European Union's General Data Protection Regulation (GDPR) and other regulatory frameworks create a structured environment for legal tech companies, emphasizing data security, privacy, and ethical considerations. These regulations drive the regional adoption of advanced technologies like artificial intelligence and blockchain, as firms develop solutions to comply with stringent requirements.
Key players in the market
Some of the key players in Legal Technology market include Casetext Inc, DocuSign, Inc, Everlaw, Inc, Filevine Inc, Icertis, Inc, Knovos, LLC, Mystacks, Inc, ProfitSolv, LLC, Themis Solutions Inc and TimeSolv Corporation.
In July 2024, UK-based data protection advisory company 2twenty4 Consulting released an AI GDPR assessment tool in order to offer firms an idea of compliant AI projects. The toll can help in minimizing the risk of personal data processed by AI system.
In July 2024, Clio announced the launch of accounting solutions for law firms. The company will offer comprehensive platform tailored to the needs of legal professionals.
In February 2024, LexisNexis, a provider of legal information and analysis, launched an Australian business preview for Lexis+AI, a generative AI solution that aims to change the working of lawyers. This brings together the proprietary LexisNexis search technology and authoritative content with the power of generative AI.
In January 2024, Everlaw, the cloud-based investigation and litigation platform, announced the latest features in the Everlaw AI range. It offers AI-powered assistance to help legal professionals perform their work more quickly and easily to deliver competitive advantages for customers.
In March 2023, Icertis, Inc. and KPMG LLP collaborated to deliver Icertis Contract Intelligence through contracting practices of KPMG to help customers to reduce costs, increase revenue, ensure compliance, and manage risks.
In March 2023, Casetext Inc. launched CoCounsel, an AI legal assistant which is powered by OpenAI technology. The software performs various important tasks such as document review, legal research, contract analysis, and deposition preparation.
In January 2023, Themis Solutions Inc. (Clio) expanded their operation to Australia to expand and support partnerships, sales, product development in the Australian legal market.
In January 2023, Filevine Inc. collaborated with Moxo Inc. to streamline legal case management and interactions for their clients and law firms and to improve customer experience.
In April 2022, Filevine, the legal work platform, announced that it had raised USD 108 million in a series D funding round. As a result of the company's expertise in litigation and personal injury law, this funding will allow the company to expand more deeply into insurance defense, large law, corporate, governmental, and charity legal teams.