Cumulative growth of the legal technology ecosystem (1975 - 2025)
Year | New Companies | Total Companies | Growth Rate |
---|---|---|---|
1975 | 2 | 19 | 0% |
1976 | 1 | 20 | +5.3% |
1977 | 2 | 22 | +10.0% |
1978 | 2 | 24 | +9.1% |
1979 | 2 | 26 | +8.3% |
1980 | 1 | 27 | +3.8% |
1981 | 2 | 29 | +7.4% |
1982 | 3 | 32 | +10.3% |
1983 | 6 | 38 | +18.8% |
1984 | 3 | 41 | +7.9% |
1985 | 5 | 46 | +12.2% |
1986 | 5 | 51 | +10.9% |
1987 | 8 | 59 | +15.7% |
1988 | 7 | 66 | +11.9% |
1989 | 8 | 74 | +12.1% |
1990 | 7 | 81 | +9.5% |
1991 | 10 | 91 | +12.3% |
1992 | 7 | 98 | +7.7% |
1993 | 12 | 110 | +12.2% |
1994 | 5 | 115 | +4.5% |
1995 | 12 | 127 | +10.4% |
1996 | 19 | 146 | +15.0% |
1997 | 12 | 158 | +8.2% |
1998 | 13 | 171 | +8.2% |
1999 | 30 | 201 | +17.5% |
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% |