In Europe, the return on investment (ROI) per every one U.S. dollar invested in legal tech amounted to 5.25 U.S. dollars in 2021, with forecasts suggesting that this will grow at a compound annual growth rate (CAGR) of 5.99 percent through to 2027.
Compound annual growth rate (CAGR) of the return on investment (ROI) per every one U.S. dollar invested in legal tech worldwide from 2021 to 2027, by region
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). Compound annual growth rate (CAGR) of the return on investment (ROI) per every one U.S. dollar invested in legal tech worldwide from 2021 to 2027, by region [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1155998/legal-tech-return-on-investment-cagr-by-region-worldwide/
Statista. "Compound annual growth rate (CAGR) of the return on investment (ROI) per every one U.S. dollar invested in legal tech worldwide from 2021 to 2027, by region." Chart. August 10, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1155998/legal-tech-return-on-investment-cagr-by-region-worldwide/
Statista. (2022). Compound annual growth rate (CAGR) of the return on investment (ROI) per every one U.S. dollar invested in legal tech worldwide from 2021 to 2027, by region. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1155998/legal-tech-return-on-investment-cagr-by-region-worldwide/
Statista. "Compound Annual Growth Rate (Cagr) of The Return on Investment (Roi) per Every One U.S. Dollar Invested in Legal Tech Worldwide from 2021 to 2027, by Region." Statista, Statista Inc., 10 Aug 2022, https://www.statista.com/statistics/1155998/legal-tech-return-on-investment-cagr-by-region-worldwide/
Statista, Compound annual growth rate (CAGR) of the return on investment (ROI) per every one U.S. dollar invested in legal tech worldwide from 2021 to 2027, by region Statista, https://www.statista.com/statistics/1155998/legal-tech-return-on-investment-cagr-by-region-worldwide/ (last visited December 22, 2024)
Compound annual growth rate (CAGR) of the return on investment (ROI) per every one U.S. dollar invested in legal tech worldwide from 2021 to 2027, by region [Graph], Statista, August 10, 2022. [Online]. Available: https://www.statista.com/statistics/1155998/legal-tech-return-on-investment-cagr-by-region-worldwide/
