New York, NY -- (SBWire) -- 12/12/2018 --Legal tech uses technology and innovation to reduce legal service time. Legal technology companies serve as organizations that provide software and technical services to legal verticals, including law firms and internal legal counsel, as well as technical services to businesses and consumers. The computer science used to create intelligent machines that function like the human brain is called artificial intelligence. Artificial intelligence computers perform functions such as learning, decision making, planning, and due diligence.
The various LegalTech AI applications currently being explored include due diligence, legal research and analysis, intellectual property, electronic billing, forecasting technology, intellectual property management, strong network security, compliance, eDiscovery and more. Since the last decade, capital expenditures for major companies pursuing LegalTech AI have also increased significantly. Premonition, a US-based AI company, has raised approximately $100 million in valuations by applying AI to the world's largest legal database. The legal potential of artificial intelligence is enormous, and law firms are beginning to develop strategies and purchase artificial intelligence solutions. Although only about 2% of law firms currently use artificial intelligence, about 15% of companies are monitoring their companies to implement artificial intelligence.
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This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering
ROSS Intelligence
Lex Machina
Casetext Inc
LawGeex
FiscalNote
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The Global LegalTech Artificial Intelligence Market Research Report Forecast 2018-2025 is a valuable source of insightful data for business strategists. It provides the LegalTech Artificial Intelligence industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This LegalTech Artificial Intelligence market study provides comprehensive data which enhances the understanding, scope and application of this report.
The report titled "Global LegalTech Artificial Intelligence Market" identifies the essential details pertaining to the industry, also providing an in-depth analysis of the market categories.it also presents a comprehensive analysis of the considerable impact that the consumer trends have on its growth. The industry verticals such as growth drivers, restrains, and futuristic opportunities have been discussed so as to give a transparent idea of the market strategies that could be applied.
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Table of Contents:
Global LegalTech Artificial Intelligence Market Research Report 2018-2025
Chapter 1: LegalTech Artificial Intelligence Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: LegalTech Artificial Intelligence Market Competition by Manufacturers
Chapter 4: Global Production, Revenue (Value) by Region
Chapter 5: Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Global Production, Revenue (Value), Price Trend by Type
Chapter 7: Global Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: LegalTech Artificial Intelligence Market Effect Factors Analysis
Chapter 12: Global LegalTech Artificial Intelligence Market Forecast
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