The Top Legal Software SaaS Companies

As of Jan 2020, these 100 SaaS companies are the largest in the Legal Software space. (Click to apply)

This list tracks the largest private B2B Legal Software SaaS companies by revenue. In total, this list features 100 companies with combined revenues of $1.4B.

These companies have raised a total of $0.0. Together, these Legal Software saas companies serve 29M customers and employ over 17K on their teams.

$0 - $1M ARR
  1. Willful $1.0M
  2. Clerky $980.0K
  3. Amulex $971.4K
  4. Clemta $907.1K
$1M - $5M ARR
  1. Casetext $4.9M
  2. SpotDraft $4.6M
  3. CloudLex $4.6M
  4. Pridatect $3.4M
$5M - $10M ARR
  1. Cheetah $9.2M
  2. Litify $7.8M
  3. Brightfl $7.1M
$10M+ ARR
  1. LexisNexis $974.3M
  2. Relativity $100.0M
  3. Clio $50.0M
  4. UnitedLex $41.7M
  5. Exterro $22.9M
  1. 01
    LexisNexis

    LexisNexis

    Legal Software

    LexisNexis is a corporation providing computer-assisted legal research as well as business research and risk management services.

    $974M

    $30M

    10K

    1970

    Legal Software

  2. 02
    Relativity

    Relativity

    Legal Software

    Relativity provides eDiscovery software solutions that give corporations, governments, & law firms tools to manage litigation, investigations & FOIA requests. Learn about Relativity's eDiscovery solutions to aid legal review, litigation support, docume...

    $100M

    $125M

    160K

    1K

    2001

    Legal Software

  3. 03
    Clio

    Clio

    Legal Software

    Clio is a legal technology company headquartered in Burnaby, British Columbia.

    $50M

    $276M

    70

    251

    2007

    Legal Software

  4. 04
    UnitedLex

    UnitedLex

    Legal Software

    $42M

    2K

    2006

    Legal Software

  5. 05
    Exterro

    Exterro

    Legal Software

    Developer of an electronic discovery and information governance software. The company's software enables users to automate legal hold process, manage custodians data sources, streamline collection workflow, facilitate vendor relations and track review and

    $23M

    $100M

    3K

    341

    2004

    Legal Software

  6. 06
    Aderant

    Aderant

    Legal Software

    Aderant legal software offers a suite of legal time, billing, ebilling and mobile time entry solutions that enable agility within your firm, and is the #1 choice for law practice and case management software among the AmLaw 200.

    $23M

    604

    1978

    Legal Software

  7. 07
    Intapp

    Intapp

    Legal Software

    Intapp – the industry cloud for professional and financial services — answers the demands of clients with intelligent, efficient services delivering superior value and experience.

    $23M

    2K

    484

    2000

    Legal Software

  8. 08
    Avvo

    Avvo

    Legal Software

    Provider of an online legal marketplace intended to connect lawyers and consumers. The company's online legal marketplace helps users connect with the right lawyer through industry content, tools and services, as well as offers on-demand legal services tha

    $13M

    $131M

    300K

    232

    2006

    Legal Software

  9. 09
    MyCase

    MyCase

    Legal Software

    Provider of legal practice management software. The company has developed a software which offers streamline client communications, time tracking, legal billing, QuickBooks accounting, legal document management, legal calendaring, legal workflow customizat

    $12M

    138

    2009

    Legal Software

  10. 10
    Opus 2 International

    Opus 2 International

    Legal Software

    Developer of legal software. The company's cloud-based litigation and court reporting services platform, Opus 2 Magnum, streamlines legal proceedings, facilitating secure collaboration throughout litigation and arbitration matters which allows for hearings

    $12M

    166

    2008

    Legal Software

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What are the fastest growing companies doing?

83 of the fastest growing companies that also have the most revenue have a clear expansion revenue strategy. On average, sales reps are selling plans where starting contract value is $4,606.

Those same companies employ 1,678 sales reps that carry a quota. The most common compensation plan used by these companies is a 1:5 ratio of sales rep on target earnings (OTE) to quota. Meaning if a rep can earn $200k in base and commissions, quota target for that year is set at 5x, or $1m in new ARR closed.

If you’re going to build a high growth SaaS company, you need to figure out how to scale with quota carrying sales reps.

Which CEO’s are the most efficient capital allocators?

We can measure this a variety of ways. Which company has the most revenue per employee? What about dollars in revenue compared to dollars raised? What about time, which founder went from $0 to $10m the fastest?

Looking deeper at dollars in revenue compared to dollars raised, bootstrappers take the cake because they self fund (denominator zero). When we look at companies that have raised at least $1m, Actito is the clear winner generating $21m in revenue, growing 100% yoy, on just 1m raised ($.05 dollars raised for every $1 of revenue).

Omnisend comes in a close second with $.08 dollars raised for every dollar of revenue. Doing $19m as of December 2020. Proposify gets honorable mention with $0.46 dollars raised (3.25m) for every dollar of revenue ($7m).

The worst performers here are companies like YayPay with $3.68 dollars raised ($14m) per dollar of revenue ($3.8m). Many of the worst performers just did a round of funding and haven’t had a chance to deploy to drive growth yet. That makes this data less valuable but still illustrative.