Market Overview:
The global online legal services market is expected to grow at a CAGR of XX% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for online legal services from ordinary people and legal practitioners. In 2016, the business service segment accounted for the majority of the global online legal services market share by end user. However, in 2021 and 2027, the ordinary people segment is expected to account for a larger share of the global online legal services market. This can be attributed to an increase in demand from consumers for affordable and convenient legal solutions.
Product Definition:
Online legal services are a way for people to get legal help without having to go to an office. This can include things like finding forms, getting advice, or hiring a lawyer. Online legal services can be helpful because they make it easier for people to get the help they need. They can also be cheaper than going to an office, and some services are free.
Private Service:
Private service is a business model in which the company or firms provide legal services to clients on a contract basis. The main aim of these companies is to reduce the cost of professional services and increase profit margins by providing high-quality service at affordable prices. These firms are not bound by rules, regulations, or complaints procedures as there are no official accreditation bodies for these services; however, they are monitored for quality assurance purposes.
Business Service:
Business service is a collection of processes and practices that help companies to streamline their operations, maximize efficiency, and improve the quality of products or services. It helps them in achieving economies of scale by reducing costs related to inventory management, sales & marketing activities as well as customer support.
Application Insights:
The ordinary people segment accounted for the largest revenue share of over 30% in 2019. The growth is attributed to the increasing use of e-commerce portals as a medium for providing legal services to consumers. Moreover, there has been an increase in consumer awareness regarding online transactions and related issues such as privacy and security which has resulted in increased usage of these portals by law firms and lawyers. For instance, Lawyer2Lawyers offers free initial consultation on certain conditions which is likely to be a key factor driving its adoption among other service providers.
The businessperson or company segment is anticipated to witness significant growth over the forecast period owing to several advantages offered including time saving procedures along with cost effectiveness.
Regional Analysis:
North America dominated the global market in 2018 and accounted for over 35% of the overall revenue share. The growth is attributed to a large number of law firms that have started offering online legal services. Furthermore, technological advancements such as cloud computing and artificial intelligence are expected to further fuel the regional market growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing disposable income, rising population awareness regarding consumer protection laws, and growing competition among lawyers in countries like India and China who are also providing legal services through online mediums.
Growth Factors:
- Increasing demand for online legal services from small and medium businesses (SMBs) due to the growing complexity of business operations and compliance requirements.
- Proliferation of digital technologies, which is making it easier for consumers to access legal services online, leading to an increase in demand for such services.
- Rapid growth in the e-commerce sector, as this is resulting in more disputes and litigation being filed by businesses selling online or through intermediaries such as marketplaces and classifieds websites.
- Rising awareness about the benefits of using online legal services among consumers, who are increasingly looking for cost-effective and convenient ways to get their legal needs met.
Scope Of The Report
Report Attributes
Report Details
Report Title
Online Legal Services Market Research Report
By Type
Private Service, Business Service
By Application
Global Online Legal Services Market Share by End User: 2016 VS 2021 VS 2027, Ordinary People, Legal Practitioner
By Companies
LegalNature, LegalZoom, Incfile, Rocket Lawyer, Avvo, UpCounsel, LegalMatch, DirectLaw, LawDepot, LawTrades, Priori Legal, LegalVision, Facongcong, LegisOne, LawAdvisor, Linkilaw, Lawpath Operations, LawTarazoo
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
145
Number of Tables & Figures
102
Customization Available
Yes, the report can be customized as per your need.
Global Online Legal Services Market Report Segments:
The global Online Legal Services market is segmented on the basis of:
Types
Private Service, Business Service
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Global Online Legal Services Market Share by End User: 2016 VS 2021 VS 2027, Ordinary People, Legal Practitioner
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- LegalNature
- LegalZoom
- Incfile
- Rocket Lawyer
- Avvo
- UpCounsel
- LegalMatch
- DirectLaw
- LawDepot
- LawTrades
- Priori Legal
- LegalVision
- Facongcong
- LegisOne
- LawAdvisor
- Linkilaw
- Lawpath Operations
- LawTarazoo
Highlights of The Online Legal Services Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Private Service
- Business Service
- By Application:
- Global Online Legal Services Market Share by End User: 2016 VS 2021 VS 2027
- Ordinary People
- Legal Practitioner
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Online Legal Services Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Online legal services are a type of legal service that provide access to attorneys over the internet. These services can be accessed through a web browser, and typically offer lower fees than traditional law firms.
Some of the key players operating in the online legal services market are LegalNature, LegalZoom, Incfile, Rocket Lawyer, Avvo, UpCounsel, LegalMatch, DirectLaw, LawDepot, LawTrades, Priori Legal, LegalVision, Facongcong, LegisOne, LawAdvisor, Linkilaw, Lawpath Operations, LawTarazoo.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Online Legal Services Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Online Legal Services Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Online Legal Services Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Online Legal Services Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Online Legal Services Market Size & Forecast, 2020-2028
4.5.1 Online Legal Services Market Size and Y-o-Y Growth
4.5.2 Online Legal Services Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Private Service
5.2.2 Business Service
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Global Online Legal Services Market Share by End User: 2016 VS 2021 VS 2027
6.2.2 Ordinary People
6.2.3 Legal Practitioner
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Online Legal Services Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Online Legal Services Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Private Service
9.6.2 Business Service
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Global Online Legal Services Market Share by End User: 2016 VS 2021 VS 2027
9.10.2 Ordinary People
9.10.3 Legal Practitioner
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Private Service
10.6.2 Business Service
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Global Online Legal Services Market Share by End User: 2016 VS 2021 VS 2027
10.10.2 Ordinary People
10.10.3 Legal Practitioner
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Private Service
11.6.2 Business Service
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Global Online Legal Services Market Share by End User: 2016 VS 2021 VS 2027
11.10.2 Ordinary People
11.10.3 Legal Practitioner
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Private Service
12.6.2 Business Service
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Global Online Legal Services Market Share by End User: 2016 VS 2021 VS 2027
12.10.2 Ordinary People
12.10.3 Legal Practitioner
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Private Service
13.6.2 Business Service
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Global Online Legal Services Market Share by End User: 2016 VS 2021 VS 2027
13.10.2 Ordinary People
13.10.3 Legal Practitioner
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Online Legal Services Market: Competitive Dashboard
14.2 Global Online Legal Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 LegalNature
14.3.2 LegalZoom
14.3.3 Incfile
14.3.4 Rocket Lawyer
14.3.5 Avvo
14.3.6 UpCounsel
14.3.7 LegalMatch
14.3.8 DirectLaw
14.3.9 LawDepot
14.3.10 LawTrades
14.3.11 Priori Legal
14.3.12 LegalVision
14.3.13 Facongcong
14.3.14 LegisOne
14.3.15 LawAdvisor
14.3.16 Linkilaw
14.3.17 Lawpath Operations
14.3.18 LawTarazoo
