Worldwide Enterprise Legal Management Software Forecast, 2024–2028

Worldwide Enterprise Legal Management Software Forecast, 2024–2028

This IDC study discusses the drivers and dynamics that had an impact on the global enterprise legal management software market in 2023 and provides insight into future trends that may influence market demand over the 2024–2028 period."Budgets, historically, have been tight for legal departments. The workload versus budget battle may finally have a light at the end of its tunnel. ELM providers must be looking at how AI can enable their end users to deflect workload. There is a lot of low-hanging fruit to be pruned within legal departments," says Ryan O'Leary, research director, Privacy and Legal Technology at IDC.

Please Note: Extended description available upon request.

IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Artificial Intelligence
Legal Operations
Software Stickiness
Significant Market Developments
Changes from Prior Forecast
Market Definition
Related Research

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