The return on investment (ROI) per every one U.S. dollar invested in legal tech worldwide in 2021 equated to around 4.63 U.S. dollars, with forecasts suggesting that by 2027, this will rise to 6.32 U.S. dollars.
Return on investment (ROI) per every one U.S. dollar invested in legal tech worldwide from 2021 to 2027
(in U.S. dollars)
Legal tech, or LawTech, refers to the use of technology and software to provide legal services and support the legal industry.
Out of scope: specific HR-services (HR-tech), and software for purely archiving/searching legal documents or contracts (legal-software).
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Statista. (August 10, 2022). Return on investment (ROI) per every one U.S. dollar invested in legal tech worldwide from 2021 to 2027 (in U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1155990/legal-tech-return-on-investment-worldwide/
Statista. "Return on investment (ROI) per every one U.S. dollar invested in legal tech worldwide from 2021 to 2027 (in U.S. dollars)." Chart. August 10, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1155990/legal-tech-return-on-investment-worldwide/
Statista. (2022). Return on investment (ROI) per every one U.S. dollar invested in legal tech worldwide from 2021 to 2027 (in U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1155990/legal-tech-return-on-investment-worldwide/
Statista. "Return on Investment (Roi) per Every One U.S. Dollar Invested in Legal Tech Worldwide from 2021 to 2027 (in U.S. Dollars)." Statista, Statista Inc., 10 Aug 2022, https://www.statista.com/statistics/1155990/legal-tech-return-on-investment-worldwide/
Statista, Return on investment (ROI) per every one U.S. dollar invested in legal tech worldwide from 2021 to 2027 (in U.S. dollars) Statista, https://www.statista.com/statistics/1155990/legal-tech-return-on-investment-worldwide/ (last visited November 21, 2024)
Return on investment (ROI) per every one U.S. dollar invested in legal tech worldwide from 2021 to 2027 (in U.S. dollars) [Graph], Statista, August 10, 2022. [Online]. Available: https://www.statista.com/statistics/1155990/legal-tech-return-on-investment-worldwide/