Around 3.9 percent of in-house legal department budgets were spent on legal technology in 2020, an increase from the 2.6 percent recorded in 2017. By 2025, legal tech spending is expected to increase to 12 percent of in-house budgets.
In-house legal department budget share spent on legal technology worldwide from 2017 to 2025
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Gartner. (February 10, 2021). In-house legal department budget share spent on legal technology worldwide from 2017 to 2025 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1220370/in-house-legal-department-budget-share-spent-on-legal-tech/
Gartner. "In-house legal department budget share spent on legal technology worldwide from 2017 to 2025." Chart. February 10, 2021. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1220370/in-house-legal-department-budget-share-spent-on-legal-tech/
Gartner. (2021). In-house legal department budget share spent on legal technology worldwide from 2017 to 2025. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1220370/in-house-legal-department-budget-share-spent-on-legal-tech/
Gartner. "In-house Legal Department Budget Share Spent on Legal Technology Worldwide from 2017 to 2025." Statista, Statista Inc., 10 Feb 2021, https://www.statista.com/statistics/1220370/in-house-legal-department-budget-share-spent-on-legal-tech/
Gartner, In-house legal department budget share spent on legal technology worldwide from 2017 to 2025 Statista, https://www.statista.com/statistics/1220370/in-house-legal-department-budget-share-spent-on-legal-tech/ (last visited December 22, 2024)
In-house legal department budget share spent on legal technology worldwide from 2017 to 2025 [Graph], Gartner, February 10, 2021. [Online]. Available: https://www.statista.com/statistics/1220370/in-house-legal-department-budget-share-spent-on-legal-tech/
