Legal and Regulatory Solutions 2018

Author: Hugh Logue

Date: July 20, 2018

Description

The Legal & Regulatory Solutions market consists of information and software providers that supply information and applications to legal professionals, regulatory compliance professionals, law firm marketers and managers, paralegals, law librarians, law students, and legal educators. It also covers legal information supplied directly to consumers and business executives. Outsell segments the Legal & Regulatory Solutions market into 15 main segments that in turn include more than 40 subsegments.

The market is currently going through a boom in demand driven by numerous global legal and regulatory changes, including US tax law reform, Brexit, and new data and privacy regulations. The pace of automation in the legal services sector also continues to gather momentum, as AI and blockchain finally enable the legal services sector to follow the path of other professional services that introduced automated services decades ago. It is no wonder that a wave of new legal tech start-ups is hitting the market, and that in 2017 the Legal & Regulatory Solutions market saw its biggest growth since 2007.

This report includes detailed analysis of market trends and our forecast for segment growth and performance through 2021. It provides a description of the industry, its competitive landscape, disruptive forces and companies, and Outsell’s industry forecast. The report provides essential actions for companies in this space looking to create revenue opportunities, attract new buyers, and achieve competitive advantage. It also supports those who cover the industry in question and need greater understanding of it, including suppliers to the industry, software and technology companies working in adjacent markets, investment bankers, private equity, and venture capitalists.

Methodology

We base the information in this report on a comprehensive and rigorous methodology that Outsell developed. This methodology provides financial estimates for the overall market, for appropriate markets within the overall segment, and for specific companies in the ecosystem. Revenue is analyzed in several different ways, including both retrospectively in terms of historical trends, and prospectively via Outsell’s market forecast. We provide growth rates, market share, and, where possible, geographic, revenue source, and format (print versus digital) splits for leading companies within the space. Outsell methodology starts with its database of over 9,000 global media and information companies worldwide. These firms are assigned to all appropriate segments in which they operate.

Outsell uses all publicly available information and its own insight and research with the companies themselves to size each player in the space. We size public companies primarily on their reported results, though we also apply Outsell analysis to further segment and align revenues according to Outsell’s industry segmentation. We size private companies using the best available information on each company, augmented by our own primary research.

For each market segment, we identify the top 20 players in the space by revenue, showing their data in a table. Those companies that derive revenue from multiple segments have their revenue allocated by segment: only the portion of a provider’s total revenue that is attributed to any particular segment is identified under that company for that segment. The sum of the various segment revenues for a provider equals the company’s total reported/estimated information industry revenue.

Outsell Inc. Legal and Regulatory Solutions 2018

Contents

Why This Market?

Methodology

Impact of Currency Conversion

Market Definition

Key Takeaways

Composition

Dynamics

Emerging Competitors

Essential Actions

Related Research

Figures

Figure 1. Legal & Regulatory Solutions Revenue by Geographic Region, 2017

Tables

Table 1. Legal & Regulatory Solutions Market Size and Forecast ($Millions) 2015-21

Table 2. Legal & Regulatory Solutions Segments Market Size and Forecast ($Millions)

Table 3. Top 20 Legal & Regulatory Solutions Players and Market Share, 2015-17

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Additional information

Analyst

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