About Legal Calendar Software
Law calendar software is used to maintain track of a law firm's case and client files, invoicing and bookkeeping, timetables and appointments, deadlines, computer files, and any compliance requirements, such as document preservation policies and electronic filing systems. The software is designed to visually arrange a user's work, appointments, and goals, allowing an entire business's internal activities to be streamlined. Calendar software makes it easy to create electronic agendas that can be accessed, changed, and shared across the firm. Increased digitization may imply processes to ensure that a law firm's practitioner is constantly available. The demand on lawyers' time is growing. Data integration and remote access are becoming increasingly important.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Legal Calendar Software market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Themis Solutions Inc. (Clio) (Canada), LexisNexis (United States), Aderant (United States), MyCase Inc. (United States), Chetu (United States), AbacusNext (United States), Zelican Infotech Private Limited (India), Apptoto (United States), Zola Media, LLC (United States) and Vrsus (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are CloudLex, Inc. (United States), LawGro. (United States) and LawToolBox Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Legal Calendar Software market by , Application (Case Management, Client Relationship Management, Collaboration, Data Capture/Conversion, Content Management Systems and Others) and Region.
On the basis of geography, the market of Legal Calendar Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Use, the sub-segment i.e. Law Firms & Attorneys will boost the Legal Calendar Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. Cloud-based will boost the Legal Calendar Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Software will boost the Legal Calendar Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Digitization Across Various Industry Verticals for Augmented Compliance
Market Growth Drivers:
Increasing Rate of Cout Filing and Cases and Prevalence of Contract Breach Scenarios
Challenges:
Fierce Competitive Pressure and Lack of User Awareness
Restraints:
Lack of Skilled Personnel
Opportunities:
Increasing Adoption Across Western Regions
Market Leaders and their expansionary development strategies
On 3rd August, 2020 - InfoTrack Acquired Majority Stake in Court Calendaring Company LawToolBox Inc. LawToolBox Connects with A Number of Practise Management Platforms and Is Noted for Its Powerful Integration with Microsoft Office 365. It Offers Deadline and Calendaring Rule Sets for Courts Around the United States.
In December 2023, The deadline calendaring and matter management company LawToolBox has added new artificial intelligence features through its integrations with Microsoft Outlook and Teams that automate the calendaring of court dates and contractual deadlines. With the new features, LawToolBox can read emails and attachments in Outlook, such as court orders and contracts, and extract deadlines and meetings.
Key Target Audience
Legal Calendar Software Developers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.