Cumulative growth of the legal technology ecosystem (2000 - 2025)
Year | New Companies | Total Companies | Growth Rate |
---|---|---|---|
2000 | 31 | 232 | +15.4% |
2001 | 25 | 257 | +10.8% |
2002 | 27 | 284 | +10.5% |
2003 | 23 | 307 | +8.1% |
2004 | 30 | 337 | +9.8% |
2005 | 31 | 368 | +9.2% |
2006 | 34 | 402 | +9.2% |
2007 | 26 | 428 | +6.5% |
2008 | 41 | 469 | +9.6% |
2009 | 47 | 516 | +10.0% |
2010 | 49 | 565 | +9.5% |
2011 | 85 | 650 | +15.0% |
2012 | 116 | 766 | +17.8% |
2013 | 126 | 892 | +16.4% |
2014 | 162 | 1054 | +18.2% |
2015 | 243 | 1297 | +23.1% |
2016 | 191 | 1488 | +14.7% |
2017 | 277 | 1765 | +18.6% |
2018 | 242 | 2007 | +13.7% |
2019 | 234 | 2241 | +11.7% |
2020 | 241 | 2482 | +10.8% |
2021 | 178 | 2660 | +7.2% |
2022 | 137 | 2797 | +5.2% |
2023 | 193 | 2990 | +6.9% |
2024 | 80 | 3070 | +2.7% |
2025 | 6 | 3076 | +0.2% |