Redefining Justice: Global Generative AI in Legal Market 2024-2033

Introduction

The Global Generative AI in Legal Market is projected to grow from USD 68.2 million in 2023 to USD 992.1 million by 2033, with a CAGR of 31.5%. Generative AI transforms legal operations by automating document drafting, research, and contract analysis, enhancing efficiency and accuracy. Driven by demand for cost-effective solutions and advanced legal infrastructure, it serves law firms and corporate legal departments.

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Generative AI in Legal Market Size, Trends | CAGR of 30.7%
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Generative AI in Legal Market Size, Trends | CAGR of 30.7%

Generative AI in Legal Market is estimated to reach USD 992.1 Million by 2033, Riding on a Strong 30.7% CAGR throughout the forecast period.