Legal AI Software Market Size Worth USD 31.69 Billion by 2034 | CAGR: 28.3%

The legal AI software market size is expected to reach USD 31.69 billion by 2034, according to a new study by Polaris Market Research. The report “Legal AI Software Market Size, Share, Trends, Industry Analysis Report: By Type (Generative AI and Other AI), Deployment, Component, Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Legal AI software uses artificial intelligence to automate and enhance tasks in the legal industry, such as document review, legal research, contract analysis, and case prediction, improving efficiency and accuracy.

There is a rising trend of legal professionals embracing new technologies, especially AI, to stay competitive and improve their practices. Lawyers and legal firms are becoming more comfortable with digital tools, understanding that AI is able to support them in various areas, from automating document review to enhancing client interactions. The increasing tech-savviness of the legal community is driving the adoption of AI solutions, as professionals recognize that these tools improve efficiency, enhance decision-making, and offer better value to clients. This shift toward technology is helping modernize the legal industry on a global scale, thereby driving the legal AI software market growth.

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Startups with innovative technologies are supporting the expansion of the legal AI market by introducing advanced solutions that cater to specific legal needs. These startups develop specialized AI tools for various aspects of legal work, including contract management, legal research, predictive analytics, and compliance tracking. Offering fresh, technology-driven solutions, startups make legal services more efficient and accessible. Constant innovation in the sector encourages established legal firms to adopt AI tools, fostering competition and accelerating the growth of the legal AI software market worldwide.

Legal AI Software Market Report Highlights

• The cloud segment dominated the legal AI software market in 2024 due to its flexibility, versatility, and cost-effectiveness as it does not need any infrastructure investment.
• The solutions segment is expected to witness significant growth during the forecast period due to increasing demand for AI-driven tools that automate tasks such as contract analysis, legal research, and document review.
• In 2024, North America dominated the market due to the presence of many established law firms, legal tech companies, and a strong technological infrastructure.
• Asia Pacific is expected to record a significant legal AI software market share during the forecast period due to expanding legal industries and digital transformation initiatives.
• The global key market players are Brainspace Corporation, Casetext Inc., Cs Disco Inc., IBM Corporation, Kira Inc., Lexisnexis Group Inc. (RELX Group Plc), Luminance Technologies Ltd, Neota Logic Inc., Opentext Corporation, Relativity ODA LLC, Ross Intelligence Inc., Smokeball Inc., Thomson Reuters Corporation, and Veritone Inc.

Polaris market research has segmented legal AI software market report based on type, deployment, component, application, and region:

By Type (Revenue - USD Billion, 2020–2034)

• Generative AI
• Other AI

By Deployment (Revenue - USD Billion, 2020–2034)

• Cloud
• On-Premise

By Component (Revenue - USD Billion, 2020–2034)

• Solutions
• Services

By Application (Revenue - USD Billion, 2020–2034)

• Legal Research and Analytics
• Contract Drafting and Review
• Litigation and Dispute Resolution
• Compliance and Risk Management
• Others

By Regional Outlook (Revenue - USD Billion, 2020–2034)

• North America
  • US
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Australia
  • Rest of Asia Pacific
• Latin America
  • Argentina
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa
  • Rest of Middle East & Africa