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(IT-NEWSWIRE.COM, February 28, 2018 ) Legal practice management software helps to manage legal case and client records, time tracking and billing, document management, centralized case management, and calendar and case schedules. The software also handles all front and back office needs including general ledger, time recording, billing, and accounting. It is mainly used by law firms, in-house legal professionals, corporate, and government departments. The implementation of software allows end-users to maintain a leadership position by controlling every aspect of financial practice management while managing stringent compliance protocols.Publisher's analysts forecast the global legal practice management software market to grow at a CAGR of 13.71% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global legal practice management software market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sale of legal practice management software licenses, maintenance and support, installation, customization, and training. Only the software services market is taken into consideration, which includes ongoing support, maintenance services, and education and training services.
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Key vendors: -Eclipse Legal Systems -Matrix Pointe Software -MITRATECH -Orion Law Management Systems -Rippe & Kingston
Other prominent vendors: -Abacus Data Systems -Actionstep -AppleSource Software -BHL Software -CosmoLex -DPS Software -Drive Revenue -FilePro -Firm Central -GoMatters -Intuit -Jarvis Software -LawGro -LawPro Legal Systems -LawWare -LEAP Legal Software -Legal Software Systems
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Market Driver: -Vendor's pricing strategies -For a full, detailed list, view our report
Market Challenge: -High implementation and maintenance costs -For a full, detailed list, view our report
Market Trend: -Introduction of mobile legal practice management apps -For a full, detailed list, view our report
Complete Report is Available at http://www.reportsweb.com/global-legal-practice-management-software-market-2017-2021
Key questions answered in this report: - What will the market size be in 2021 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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Rajat Sahni
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Source: EmailWire.Com
Source: EmailWire.com
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