$AHIX - Strong growth potential, just entering the
Post# of 1217
Posted On: 04/19/2016 9:49:28 AM
$AHIX - Strong growth potential, just entering the Legal and Compliance industry...
http://www.marketwatch.com/story/aluf-holding...2016-03-09
"Several key insights came out of the survey including: The total addressable market for legal software – both corporate law departments and law firms—is $15.9 billion annually; the market spends $3 billion each year; law departments spend $1.5 billion annually on 11 types of software—from matter management to compliance to legal analytics – in a market with a $6.5 billion potential and; while all technology segments are growing, governance and compliance and contracts management are predicted to represent a large percentage of the GC’s budget in the next five years; corporations are handling more legal matters without significant growth in their law departments, while at the same time, they are reducing spend on outside counsel. As a result, each lawyer is taking on a greater workload."
http://www.insidecounsel.com/2016/02/17/new-s...-spend-for
http://www.marketwatch.com/story/aluf-holding...2016-03-09
"Several key insights came out of the survey including: The total addressable market for legal software – both corporate law departments and law firms—is $15.9 billion annually; the market spends $3 billion each year; law departments spend $1.5 billion annually on 11 types of software—from matter management to compliance to legal analytics – in a market with a $6.5 billion potential and; while all technology segments are growing, governance and compliance and contracts management are predicted to represent a large percentage of the GC’s budget in the next five years; corporations are handling more legal matters without significant growth in their law departments, while at the same time, they are reducing spend on outside counsel. As a result, each lawyer is taking on a greater workload."
http://www.insidecounsel.com/2016/02/17/new-s...-spend-for
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