Legal Billing Software Market Overview

Global Legal Billing Software Market was valued at USD 1.13 Billion in 2021 and is expected to reach USD 1.85 Billion by the year 2028, at a CAGR of 7.3%.

Legal billing software is a time-tracking and invoicing application developed primarily for private lawyers and law firms. It allows law firms and lawyers or prosecutors to be paid for their time and expertise. Legal billing software includes a number of personalized resources that help with tasks like printing invoices and tracking time and expenses in response to services. To make legal billing applications more efficient for law firms and lawyers, software developers are concentrating on cutting-edge technology such as cloud, AI, and IoT.

From office managers and paralegals to senior partners, our Legal billing software features are designed to coordinate the work of your entire firm. That is why TimeSolv is designed for law firms rather than individual attorneys or managers. With 80 percent of our clients being law firms, TimeSolv is well-versed in the needs of lawyers, and our program reflects this. You should expect responsive software to help the law firm operate smoothly in all divisions.

These Legal billing software systems are developed especially for lawyers and provide features such as time tracking, invoicing, and accounting. In order to keep a holistic view of whose man-hours are contributing to which cases and where a company has yet to reconcile debts, legal billing software also interacts with case management systems and broader accounting networks

Legal Billing Software Market Dynamics

Legal service providers are gradually outsourcing legal services to cut costs and boost internal performance. Outsourcing the jobs of attorneys, paralegals, and other legal practitioners to organizations located in the United States or abroad falls under this category. This has resulted in a major increase in demand for software that can monitor any billing transaction in response to the service given, propelling the global legal billing software market forward. Furthermore, software developers are concentrating on the criteria that are acceptable for making legal billing software effective and operable, which is expected to drive the global legal billing software market in the coming years.

According to the AMA report, the global legal billing software market is projected to expand at a healthy rate during the forecast period. Legal billing software is a website that offers legal professionals and businesses support services such as time tracking, invoicing, and accounting. The legal billing software market is expected to expand in tandem with the increasing process automation in the law firm industry.

Many billing services, including Legal billing software services, are now available on cell phones, iPhones, and smartphones. With mobile connectivity now available in any remote area and distant location, legal attorneys and lawyers are increasingly using mobile devices to perform a variety of legal tasks, including downloading legal billing apps on their mobile devices. This would help to improve industry patterns even further. The need for automated time monitoring appears to be driving the legal billing software industry's development in the near future. For example, electronic billing software that can submit invoices to clients can help lawyers in precisely calculating their billable hours. Likewise, some major threats such as data protection & cybersecurity, increasing complexity and volume of legal work as well as pressure to reduce costs are some key reasons behind growing technological adoption in law firms.

Market Segmentation

Players Covered in Legal Billing Software Market are :

• Clio
• Zola Suite
• MyCase
• Smokeball
• PracticePanther
• TimeSolv
• Rocket Matter
• Juris
• Acuity ELM
• Sage
• Aderant
• Intapp Time
• CosmoLex
• AppColl

Regional Analysis of the global legal billing software Market

During the forecasted timeframe, the legal billing software market is expected to be dominated by North America. The vast use of legal billing software by law practitioners and attorneys for offering legal services in the area can be attributed to the regional market growth. In the coming years, Europe and Asia Pacific markets are projected to expand at a moderate pace.

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Deployment Type
 3.2 By Application

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Legal Billing Software Market by Deployment Type
 5.1 Legal Billing Software Market Overview Snapshot and Growth Engine
 5.2 Legal Billing Software Market Overview
 5.3 Cloud Based
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Cloud Based: Grographic Segmentation
 5.4 Web-Based
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Web-Based: Grographic Segmentation

Chapter 6: Legal Billing Software Market by Application
 6.1 Legal Billing Software Market Overview Snapshot and Growth Engine
 6.2 Legal Billing Software Market Overview
 6.3 Law Courts
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2028F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Law Courts: Grographic Segmentation
 6.4 Individual Law Professionals
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2028F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Individual Law Professionals: Grographic Segmentation
 6.5 Law Firms
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size (2016-2028F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Law Firms: Grographic Segmentation
 6.6 Attorneys
  6.6.1 Introduction and Market Overview
  6.6.2 Historic and Forecasted Market Size (2016-2028F)
  6.6.3 Key Market Trends, Growth Factors and Opportunities
  6.6.4 Attorneys: Grographic Segmentation

Chapter 7: Company Profiles and Competitive Analysis
 7.1 Competitive Landscape
  7.1.1 Competitive Positioning
  7.1.2 Legal Billing Software Sales and Market Share By Players
  7.1.3 Industry BCG Matrix
  7.1.4 Ansoff Matrix
  7.1.5 Legal Billing Software Industry Concentration Ratio (CR5 and HHI)
  7.1.6 Top 5 Legal Billing Software Players Market Share
  7.1.7 Mergers and Acquisitions
  7.1.8 Business Strategies By Top Players
 7.2 CLIO
  7.2.1 Company Overview
  7.2.2 Key Executives
  7.2.3 Company Snapshot
  7.2.4 Operating Business Segments
  7.2.5 Product Portfolio
  7.2.6 Business Performance
  7.2.7 Key Strategic Moves and Recent Developments
  7.2.8 SWOT Analysis
 7.3 ZOLA SUITE
 7.4 MYCASE
 7.5 SMOKEBALL
 7.6 PRACTICEPANTHER
 7.7 TIMESOLV
 7.8 ROCKET MATTER
 7.9 JURIS
 7.10 ACUITY ELM
 7.11 SAGE
 7.12 ADERANT
 7.13 INTAPP TIME
 7.14 COSMOLEX
 7.15 APPCOLL
 7.16 OTHER MAJOR PLAYERS

Chapter 8: Global Legal Billing Software Market Analysis, Insights and Forecast, 2016-2028
 8.1 Market Overview
 8.2 Historic and Forecasted Market Size By Deployment Type
  8.2.1 Cloud Based
  8.2.2 Web-Based
 8.3 Historic and Forecasted Market Size By Application
  8.3.1 Law Courts
  8.3.2 Individual Law Professionals
  8.3.3 Law Firms
  8.3.4 Attorneys

Chapter 9: North America Legal Billing Software Market Analysis, Insights and Forecast, 2016-2028
 9.1 Key Market Trends, Growth Factors and Opportunities
 9.2 Impact of Covid-19
 9.3 Key Players
 9.4 Key Market Trends, Growth Factors and Opportunities
 9.4 Historic and Forecasted Market Size By Deployment Type
  9.4.1 Cloud Based
  9.4.2 Web-Based
 9.5 Historic and Forecasted Market Size By Application
  9.5.1 Law Courts
  9.5.2 Individual Law Professionals
  9.5.3 Law Firms
  9.5.4 Attorneys
 9.6 Historic and Forecast Market Size by Country
  9.6.1 U.S.
  9.6.2 Canada
  9.6.3 Mexico

Chapter 10: Europe Legal Billing Software Market Analysis, Insights and Forecast, 2016-2028
 10.1 Key Market Trends, Growth Factors and Opportunities
 10.2 Impact of Covid-19
 10.3 Key Players
 10.4 Key Market Trends, Growth Factors and Opportunities
 10.4 Historic and Forecasted Market Size By Deployment Type
  10.4.1 Cloud Based
  10.4.2 Web-Based
 10.5 Historic and Forecasted Market Size By Application
  10.5.1 Law Courts
  10.5.2 Individual Law Professionals
  10.5.3 Law Firms
  10.5.4 Attorneys
 10.6 Historic and Forecast Market Size by Country
  10.6.1 Germany
  10.6.2 U.K.
  10.6.3 France
  10.6.4 Italy
  10.6.5 Russia
  10.6.6 Spain
  10.6.7 Rest of Europe

Chapter 11: Asia-Pacific Legal Billing Software Market Analysis, Insights and Forecast, 2016-2028
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Deployment Type
  11.4.1 Cloud Based
  11.4.2 Web-Based
 11.5 Historic and Forecasted Market Size By Application
  11.5.1 Law Courts
  11.5.2 Individual Law Professionals
  11.5.3 Law Firms
  11.5.4 Attorneys
 11.6 Historic and Forecast Market Size by Country
  11.6.1 China
  11.6.2 India
  11.6.3 Japan
  11.6.4 Singapore
  11.6.5 Australia
  11.6.6 New Zealand
  11.6.7 Rest of APAC

Chapter 12: Middle East & Africa Legal Billing Software Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Deployment Type
  12.4.1 Cloud Based
  12.4.2 Web-Based
 12.5 Historic and Forecasted Market Size By Application
  12.5.1 Law Courts
  12.5.2 Individual Law Professionals
  12.5.3 Law Firms
  12.5.4 Attorneys
 12.6 Historic and Forecast Market Size by Country
  12.6.1 Turkey
  12.6.2 Saudi Arabia
  12.6.3 Iran
  12.6.4 UAE
  12.6.5 Africa
  12.6.6 Rest of MEA

Chapter 13: South America Legal Billing Software Market Analysis, Insights and Forecast, 2016-2028
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Deployment Type
  13.4.1 Cloud Based
  13.4.2 Web-Based
 13.5 Historic and Forecasted Market Size By Application
  13.5.1 Law Courts
  13.5.2 Individual Law Professionals
  13.5.3 Law Firms
  13.5.4 Attorneys
 13.6 Historic and Forecast Market Size by Country
  13.6.1 Brazil
  13.6.2 Argentina
  13.6.3 Rest of SA

Chapter 14 Investment Analysis

Chapter 15 Analyst Viewpoint and Conclusion

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. LEGAL BILLING SOFTWARE MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. LEGAL BILLING SOFTWARE MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. LEGAL BILLING SOFTWARE MARKET COMPETITIVE RIVALRY
TABLE 005. LEGAL BILLING SOFTWARE MARKET THREAT OF NEW ENTRANTS
TABLE 006. LEGAL BILLING SOFTWARE MARKET THREAT OF SUBSTITUTES
TABLE 007. LEGAL BILLING SOFTWARE MARKET BY DEPLOYMENT TYPE
TABLE 008. CLOUD BASED MARKET OVERVIEW (2016-2028)
TABLE 009. WEB-BASED MARKET OVERVIEW (2016-2028)
TABLE 010. LEGAL BILLING SOFTWARE MARKET BY APPLICATION
TABLE 011. LAW COURTS MARKET OVERVIEW (2016-2028)
TABLE 012. INDIVIDUAL LAW PROFESSIONALS MARKET OVERVIEW (2016-2028)
TABLE 013. LAW FIRMS MARKET OVERVIEW (2016-2028)
TABLE 014. ATTORNEYS MARKET OVERVIEW (2016-2028)
TABLE 015. NORTH AMERICA LEGAL BILLING SOFTWARE MARKET, BY DEPLOYMENT TYPE (2016-2028)
TABLE 016. NORTH AMERICA LEGAL BILLING SOFTWARE MARKET, BY APPLICATION (2016-2028)
TABLE 017. N LEGAL BILLING SOFTWARE MARKET, BY COUNTRY (2016-2028)
TABLE 018. EUROPE LEGAL BILLING SOFTWARE MARKET, BY DEPLOYMENT TYPE (2016-2028)
TABLE 019. EUROPE LEGAL BILLING SOFTWARE MARKET, BY APPLICATION (2016-2028)
TABLE 020. LEGAL BILLING SOFTWARE MARKET, BY COUNTRY (2016-2028)
TABLE 021. ASIA PACIFIC LEGAL BILLING SOFTWARE MARKET, BY DEPLOYMENT TYPE (2016-2028)
TABLE 022. ASIA PACIFIC LEGAL BILLING SOFTWARE MARKET, BY APPLICATION (2016-2028)
TABLE 023. LEGAL BILLING SOFTWARE MARKET, BY COUNTRY (2016-2028)
TABLE 024. MIDDLE EAST & AFRICA LEGAL BILLING SOFTWARE MARKET, BY DEPLOYMENT TYPE (2016-2028)
TABLE 025. MIDDLE EAST & AFRICA LEGAL BILLING SOFTWARE MARKET, BY APPLICATION (2016-2028)
TABLE 026. LEGAL BILLING SOFTWARE MARKET, BY COUNTRY (2016-2028)
TABLE 027. SOUTH AMERICA LEGAL BILLING SOFTWARE MARKET, BY DEPLOYMENT TYPE (2016-2028)
TABLE 028. SOUTH AMERICA LEGAL BILLING SOFTWARE MARKET, BY APPLICATION (2016-2028)
TABLE 029. LEGAL BILLING SOFTWARE MARKET, BY COUNTRY (2016-2028)
TABLE 030. CLIO: SNAPSHOT
TABLE 031. CLIO: BUSINESS PERFORMANCE
TABLE 032. CLIO: PRODUCT PORTFOLIO
TABLE 033. CLIO: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 033. ZOLA SUITE: SNAPSHOT
TABLE 034. ZOLA SUITE: BUSINESS PERFORMANCE
TABLE 035. ZOLA SUITE: PRODUCT PORTFOLIO
TABLE 036. ZOLA SUITE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 036. MYCASE: SNAPSHOT
TABLE 037. MYCASE: BUSINESS PERFORMANCE
TABLE 038. MYCASE: PRODUCT PORTFOLIO
TABLE 039. MYCASE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 039. SMOKEBALL: SNAPSHOT
TABLE 040. SMOKEBALL: BUSINESS PERFORMANCE
TABLE 041. SMOKEBALL: PRODUCT PORTFOLIO
TABLE 042. SMOKEBALL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 042. PRACTICEPANTHER: SNAPSHOT
TABLE 043. PRACTICEPANTHER: BUSINESS PERFORMANCE
TABLE 044. PRACTICEPANTHER: PRODUCT PORTFOLIO
TABLE 045. PRACTICEPANTHER: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 045. TIMESOLV: SNAPSHOT
TABLE 046. TIMESOLV: BUSINESS PERFORMANCE
TABLE 047. TIMESOLV: PRODUCT PORTFOLIO
TABLE 048. TIMESOLV: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 048. ROCKET MATTER: SNAPSHOT
TABLE 049. ROCKET MATTER: BUSINESS PERFORMANCE
TABLE 050. ROCKET MATTER: PRODUCT PORTFOLIO
TABLE 051. ROCKET MATTER: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 051. JURIS: SNAPSHOT
TABLE 052. JURIS: BUSINESS PERFORMANCE
TABLE 053. JURIS: PRODUCT PORTFOLIO
TABLE 054. JURIS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 054. ACUITY ELM: SNAPSHOT
TABLE 055. ACUITY ELM: BUSINESS PERFORMANCE
TABLE 056. ACUITY ELM: PRODUCT PORTFOLIO
TABLE 057. ACUITY ELM: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 057. SAGE: SNAPSHOT
TABLE 058. SAGE: BUSINESS PERFORMANCE
TABLE 059. SAGE: PRODUCT PORTFOLIO
TABLE 060. SAGE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 060. ADERANT: SNAPSHOT
TABLE 061. ADERANT: BUSINESS PERFORMANCE
TABLE 062. ADERANT: PRODUCT PORTFOLIO
TABLE 063. ADERANT: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 063. INTAPP TIME: SNAPSHOT
TABLE 064. INTAPP TIME: BUSINESS PERFORMANCE
TABLE 065. INTAPP TIME: PRODUCT PORTFOLIO
TABLE 066. INTAPP TIME: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 066. COSMOLEX: SNAPSHOT
TABLE 067. COSMOLEX: BUSINESS PERFORMANCE
TABLE 068. COSMOLEX: PRODUCT PORTFOLIO
TABLE 069. COSMOLEX: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 069. APPCOLL: SNAPSHOT
TABLE 070. APPCOLL: BUSINESS PERFORMANCE
TABLE 071. APPCOLL: PRODUCT PORTFOLIO
TABLE 072. APPCOLL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 072. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 073. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 074. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 075. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. LEGAL BILLING SOFTWARE MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. LEGAL BILLING SOFTWARE MARKET OVERVIEW BY DEPLOYMENT TYPE
FIGURE 012. CLOUD BASED MARKET OVERVIEW (2016-2028)
FIGURE 013. WEB-BASED MARKET OVERVIEW (2016-2028)
FIGURE 014. LEGAL BILLING SOFTWARE MARKET OVERVIEW BY APPLICATION
FIGURE 015. LAW COURTS MARKET OVERVIEW (2016-2028)
FIGURE 016. INDIVIDUAL LAW PROFESSIONALS MARKET OVERVIEW (2016-2028)
FIGURE 017. LAW FIRMS MARKET OVERVIEW (2016-2028)
FIGURE 018. ATTORNEYS MARKET OVERVIEW (2016-2028)
FIGURE 019. NORTH AMERICA LEGAL BILLING SOFTWARE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 020. EUROPE LEGAL BILLING SOFTWARE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 021. ASIA PACIFIC LEGAL BILLING SOFTWARE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 022. MIDDLE EAST & AFRICA LEGAL BILLING SOFTWARE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. SOUTH AMERICA LEGAL BILLING SOFTWARE MARKET OVERVIEW BY COUNTRY (2016-2028)