What is the size of the legal industry?
-
Upload
effacts -
Category
Technology
-
view
46 -
download
2
Transcript of What is the size of the legal industry?
![Page 2: What is the size of the legal industry?](https://reader034.fdocuments.us/reader034/viewer/2022051516/55ce823bbb61eb93088b4859/html5/thumbnails/2.jpg)
Today @Codex
![Page 3: What is the size of the legal industry?](https://reader034.fdocuments.us/reader034/viewer/2022051516/55ce823bbb61eb93088b4859/html5/thumbnails/3.jpg)
Website triggered me
![Page 4: What is the size of the legal industry?](https://reader034.fdocuments.us/reader034/viewer/2022051516/55ce823bbb61eb93088b4859/html5/thumbnails/4.jpg)
to do some research
![Page 5: What is the size of the legal industry?](https://reader034.fdocuments.us/reader034/viewer/2022051516/55ce823bbb61eb93088b4859/html5/thumbnails/5.jpg)
# of lawyers in USApprox. 1,200,000 licensed attorneys
making an average of USD 100k
means USD 120,000,000,000
Where does the rest come from?
![Page 6: What is the size of the legal industry?](https://reader034.fdocuments.us/reader034/viewer/2022051516/55ce823bbb61eb93088b4859/html5/thumbnails/6.jpg)
Other service providersLegal consultants, accountant firms,
registered agents, IP agents, recruiters,
legal process outsourcers, ….
USD 30,000,000,000?
![Page 7: What is the size of the legal industry?](https://reader034.fdocuments.us/reader034/viewer/2022051516/55ce823bbb61eb93088b4859/html5/thumbnails/7.jpg)
ICT vendorsCase management, e-discovery, e-billing,
document assembly, webservices, ….
USD 15,000,000,000?
![Page 8: What is the size of the legal industry?](https://reader034.fdocuments.us/reader034/viewer/2022051516/55ce823bbb61eb93088b4859/html5/thumbnails/8.jpg)
Content providersPublishers, training, education, search,
templates,....
USD 10,000,000,000?
![Page 9: What is the size of the legal industry?](https://reader034.fdocuments.us/reader034/viewer/2022051516/55ce823bbb61eb93088b4859/html5/thumbnails/9.jpg)
Inhouse legal2.500.000 (?) people working in legal
departments, compliance, permits,
legislation, contract management,
immigration, ….
USD 125,000,000,000?
![Page 10: What is the size of the legal industry?](https://reader034.fdocuments.us/reader034/viewer/2022051516/55ce823bbb61eb93088b4859/html5/thumbnails/10.jpg)
Total market?Lawyers USD 120 billion
Others services USD 30 billion
ICT USD 15 billion
Content USD 10 billion
Inhouse USD 125 billion
![Page 11: What is the size of the legal industry?](https://reader034.fdocuments.us/reader034/viewer/2022051516/55ce823bbb61eb93088b4859/html5/thumbnails/11.jpg)
Market leader?
![Page 12: What is the size of the legal industry?](https://reader034.fdocuments.us/reader034/viewer/2022051516/55ce823bbb61eb93088b4859/html5/thumbnails/12.jpg)
The #2?