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Let's analyze the trends and alterations that can bring a remarkable change in the legal industry by 2021.Influential Impact of Baby BoomerBaby boomers- the economically influential generation ensure stability in the US economy.
This phenomenon affects the legal industry also.
Indeed, the demand for lawyers would skyrocket; since the retirement and followed procedure handled by the lawyers.Applications of Advanced TechnologiesWe think the legal industry is staggering behind the technologies, but the fact is different.
You can see the influence of emerging AI in the legal system.
Indeed, lawyers from various regions have stated the positive impact of AI.Global MarketGlobalization has greatly influenced the decision-making processes of lawyers.
The global legal service market is 5.7 billion and is expected to grow higher shortly.
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