HotDocs Announces Accelerated Growth in US Legal Market
HotDocs, the global market leader for automated document assembly technology, has today announced that in 2014 and 2015 the company added more than 1,000 new law firm customers each year within the US market. In addition to this success with its core business, in 2015 HotDocs attracted an additional 2,000 law firm customers through its innovative new HotDocs Market platform.
Attracting over 4,000 new law firm customers in just two years underlines HotDocs’ position as market leader in the legal sector and contributes to the company’s past six years of consecutive growth.
The HotDocs Group, incorporating HotDocs Limited and HotDocs Corporation, operates globally to supply industry-leading document assembly software to law firms, financial institutions, large corporations, global publishers and government agencies. Worldwide, more than one million users in over nine thousand organizations use HotDocs software to reduce risk, enhance compliance, and increase operational efficiency when generating complex documents.
In 2015, HotDocs made waves in the legal publishing industry with the launch of HotDocs Market, an innovative new legal publishing platform designed for the US legal market. HotDocs Market currently offers more than 7,000 automated legal templates that enable legal professionals to save time and money in drafting documents, allowing for greater focus on their clients. Since its launch a year ago, more than 2,000 subscribers have joined the service and generated over 80,000 legal documents. HotDocs Market is on track to more than double its business in 2016, as additional publishers and subscribers join the service.
Gary Eunson, Commercial Director at HotDocs, commented: “HotDocs has its roots in the legal industry and for more than twenty years our document automation technology has been helping law firms of all sizes to make huge cost and time savings when producing business-critical documents. This tremendous growth over the past couple of years within the legal industry has demonstrated that HotDocs’ technology is an essential part of any law firm’s operations.”
2016 is expected to be an even bigger year for HotDocs as the company prepares to introduce innovative new products and services across the HotDocs product line.