Five Key Things to Know About Online Legal Services Industry

Photo by Avel Chuklanov on Unsplash
  1. Subscription revenue is as high as 60% which provides the industry recurring revenue
  2. The market is fragmented, as there are more than 12,000 businesses in this industry with a variety of services
  3. The increase in the total number of small and medium-sized businesses (SMBs) enables a rise in demand for online legal services since small businesses require legal assistance at some point of their business path
  4. The consistent legal needs of businesses prove the industry to be non-cyclical and recession-resistant.

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Malvern Capital Group

Malvern Capital Group

Entrepreneur looking to acquire and operate a single business.