Legal AI Software Market to Reach $10.82 Billion by 2030

The legal AI software market is projected to grow from $3.11 billion in 2025 to $10.82 billion by 2030, driven by advancements in generative AI and AI-powered e-discovery, according to a report by Research and Markets.

The legal AI software market is forecasted to expand significantly, growing from USD 3.11 billion in 2025 to USD 10.82 billion by 2030, with a compound annual growth rate (CAGR) of 28.3%, announced in a press release. This growth is primarily driven by advancements in generative AI for contract management and AI-powered e-discovery.

Key growth areas include the BFSI sector, which faces increasing regulatory complexities and requires AI for compliance management. Generative AI is expected to register the highest CAGR, enhancing legal workflows through automation and predictive analytics. The Asia Pacific region is anticipated to experience rapid growth, while North America is set to maintain the largest market share.

Major players such as Microsoft, IBM, and LexisNexis are driving the market forward, despite challenges like resistance from traditional practitioners and ethical concerns. The report highlights the importance of AI-driven solutions in streamlining contract management, enhancing legal research, and improving litigation strategies.

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Market report

2025 Generative AI in Professional Services Report

Thomson Reuters

This report by Thomson Reuters explores the integration and impact of generative AI technologies, such as ChatGPT and Microsoft Copilot, within the professional services sector. It highlights the growing adoption of GenAI tools across industries like legal, tax, accounting, and government, and discusses the challenges and opportunities these technologies present. The report also examines professionals' perceptions of GenAI and the need for strategic integration to maximize its value.