Legal Research Software Market 2020-2025 | Evolving Opportunities with Global Key Vendors – Thomson Reuters, LexisNexis, Practical Law, Fastcase, ALM, Cheetah, Tologix, Nymity

Legal Research Software Market

Legal Research Software Market

Global Legal Research Software Market Synopsis:

The exclusive research report on the Global Legal Research Software Market 2020-2025 examines the market in detail along with focusing on significant market dynamics for the key players operating in the market. Global Legal Research Software Industry research report offers granulated yet in-depth analysis of revenue share, market segments, revenue estimates and various regions across the globe.

This report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency. It comprehensively evaluates the global Legal Research Software market with different perspectives for the purpose of providing a detailed, informative, and accurate analysis of regional growth, competition, market segmentation, and other important aspects.

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Significant points in table of contents: Market Definition, Market Overview, Business Introduction, Segmentation (Region Level), Segmentation (Type Level), Segmentation (Industry Level), Segmentation (Channel Level), Market Forecast Year, Segmentation Type, Segmentation Industry, Market Cost Analysis, and Conclusion. The Legal Research Software Market is segmented based on Product, source, application and Regions. On the basis of product, the market is sub-segmented.

In terms of the regional analysis, North America is expected to hold the largest market size in the Global Legal Research Software Market, as the US and Canada are progressing rapidly in the market. And the region is home to various vendors operating in the market. Whereas, Europe is expected to grow at highest rate during the forecast period. Change in market dynamics and GDPR would provide growth opportunities for vendors to offer Legal Research Software solutions.

Top Major Key Players in the Global Legal Research Software Market:

1 Thomson Reuters

2 LexisNexis

3 Practical Law

4 Fastcase


6 Casetext

7 Cheetah

8 Knomos

9 Tologix

10 Nymity and More…………..

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Product Type Segmentation

1 Cloud Based

2 Web Based

Industry Segmentation

1 Large Enterprises

2 SMEs

Top Technology Industry News:

Thomson Reuters (April 22, 2020) – Thomson Reuters Adds Quick Check Quotation Analysis to Westlaw Edge – Thomson Reuters introduces Quick Check Quotation Analysis, a new Westlaw Edge feature within Quick Check that examines quotes in legal documents to ensure accuracy, save researchers significant time evaluating and understanding the context of quotes, and deliver an added layer of confidence for legal professionals.

Quick Check Quotation Analysis assesses a Westlaw Edge user’s work; the work of a colleague; or an opponent’s brief, memo or other legal documents to help identify inaccuracies or potential misrepresentations of quotes. Additionally, judges will save time verifying quotes in legal documents submitted to the court and also identify inaccuracies in orders or opinions where they may otherwise have had to issue a corrected decision.

“Lawyers need confidence that their work is error-free, as well as the ability to identify whether a quote being used in an opponent’s work is inaccurate, implies an improper interpretation or may even be taken out of context to fit an advocacy position, and that’s why we built Quick Check Quotation Analysis,” said Carol Jo Lechtenberg, senior director, Westlaw Product Management. “Designed with input from our customers, Quick Check Quotation Analysis uses elements of the artificial intelligence we developed for Westlaw Edge. Since quotes do not always mirror the exact language in a case, Quotation Analysis uses AI to find, display and compare the language of the cited case to the quotation from the uploaded document. The embedded natural language processing techniques result in a quick, easy-to-use and highly accurate analysis of quotes.”

Lechtenberg continued, “Verifying quotes is both time-consuming and prone to error, especially when reviewing 10, 20 or more quotes in a brief. Every legal professional knows that missing a discrepancy in a quote, even if very slight, can significantly change the connotation. The new feature allows Westlaw Edge users to further improve efficiency, better manage risk, and maintain credibility with courts, clients and colleagues.”

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Major Points in Table of Contents:

Global Legal Research Software Market Report 2020

1 Legal Research Software Definition

2 Global Legal Research Software Market Major Player Share and Market Overview

2.1 Global Major Player Legal Research Software Business Revenue

2.2 Global Legal Research Software Market Overview

3 Major Player Legal Research Software Business Introduction

3.1 Thomson Reuters Legal Research Software Business Introduction

3.2 LexisNexis Legal Research Software Business Introduction

3.3 Practical Law Legal Research Software Business Introduction

3.4 Fastcase Legal Research Software Business Introduction

3.5 ALM Legal Research Software Business Introduction

3.6 Casetext Legal Research Software Business Introduction

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