The Ommatic Blog

Contract cooperation software, booming AI and ML sectors, workflow automation and cloud adoption are driving growth. The Legal Tech market was valued at USD 26.70 billion in 2023 and is expected to grow to USD 55.00 billion by 2029, representing a compound annual growth rate (CAGR) of 12.80%.

A new legal regulation will come into force on January 1, 2025, which will change the daily work of many law firms – consciously or unconsciously: the introduction and implementation of electronic invoicing in the B2B sector. The upcoming changes will affect not only large law firms with their own IT departments, but also