CHICAGO, March 14, 2024 /PRNewswire/ — According to Arizton’s latest research report, the U.S. continuing legal education (CLE) market is growing at a CAGR of 8.65% from 2023-2029.
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U.S. Continuing Legal Education (CLE) Market Research Report by Arizton
Browse In-depth TOC on the US Continuing Legal Education (CLE) Market
171 – Pages
53 – Tables
69- Figures
The U.S. Continuing Legal Education (CLE) Market Report Scope
|
Report Scope |
Details |
|
Market Size (2029) |
USD 7.98 Billion |
|
Market Size (2023) |
USD 4.85 Billion |
|
CAGR (2023-2029) |
8.65 % |
|
Historic Year |
2020-2022 |
|
Base Year |
2023 |
|
Forecast Year |
2024-2029 |
|
Market Segmentation |
Delivery Mode, Providers, and Geography |
|
Regional Analysis |
United States (West, Northeast, South, and Midwest) |
|
Market Dynamics |
Continuously Rising Employment in The Legal Profession
|
The US Continuing Legal Education (CLE) market is fiercely competitive, with various players vying for market dominance. Educational companies like National Business Institute, Lawline, and Lorman Education Services are leading the pack, which offers a diverse range of CLE programs. These companies face stiff competition from multi-disciplinary educational institutions, standalone law schools, non-profit organizations, Bar Associations, and federal agencies.
Educational institutes, including universities and colleges, play a significant role in providing CLE activities, while online CLE outlets, often driven by educational companies, are gaining popularity. Non-profit organizations also contribute to the market, leveraging their extensive networks.
The demand for quality and affordable legal education is growing, prompting providers to innovate and adapt to industry shifts. Technology is pivotal in driving these changes, requiring providers to stay updated with the latest developments. Overall, the demand for CLE participation is rising, fueling competition among law organizations, educational companies, and industry-sponsored providers. With industries evolving rapidly, CLE providers must remain agile to meet the dynamic needs of legal professionals.
The West US Continuing Legal Education (CLE) Market to Reach $2.42 Billion by 2029
The West region witnessed a considerable attorney population, totaling around 284,569 lawyers. Notably, three majors in the region—Washington, Oregon, and Colorado—require 45 credit hours for attorneys. The average cost per credit hour falls within the range of $250 to $500. This indicates that the region exhibits a high demand for CLE credits, accompanied by substantial associated expenditures, contributing to its robust market growth. Across the West region, comprising 12 states (except New Mexico), the average rate of credit hours stands at 15.
In California, paralegal attorneys must also complete four hours of mandatory CLE in legal ethics and four hours in general law or a specialized area. Across the West region, various CLE providers such as ABA, California Bar Association, educational companies (vendors), universities, and others offer in-person and live CLE courses. During the COVID-19 pandemic, states in the West region allowed the delivery of CLE courses from classroom training to online modes.
In Washington, Lorman Education Services stands out as one of the leading providers offering convenient and affordable CLE programs for over 35 years. The company provides a broad range of more than 1,000 online and in-person CLE programs. In addition, the Practising Law Institute, the National Association of Criminal Defence Lawyers, Attorney Credits, and Law.com are among the leading CLE providers in Washington.
Classroom Training to Contribute the Largest Share in the US Continuing Legal Education (CLE) Market
In 2023, the classroom training segment accounted for 49.10% of the market share in the US CLE market. Classroom training involves live events, also known as in-person events. Before the COVID-19 pandemic, traditional delivery modes such as live events were considered one of the most effective ways of delivering CLE in the US. Most CLE providers, including educational companies, law universities, law schools, and bar associations, offered classroom-based CLE programs delivered by expert instructors to the learners in the same room. This format allowed for more creativity and free-flowing thinking. Learners often prefer to engage in their workplace, where they can exchange ideas with others, enriching the learning experience further.
Annual conferences are among the most popular options in the US for completing CLE credits in the legal profession. These conferences offer a variety of classes that attorneys can choose from based on their requirements, allowing them to complete most of their hours. Legal bar associations offer these annual conferences and CLE classes.
New attorneys often choose traditional delivery modes for CLE courses to enhance networking opportunities. On the other hand, when the CLE program involves lengthy interactions with providers, attorneys select live events. In-person events allow networking with other legal professionals during CLE seminars.
Market Trends & Opportunities
Shift Towards Competency-based CLE
Attention Towards Trending Lawsuits
Technology Integration on Continuing Legal Education
Mandatory CLE Credits in the U.S.
Continuously Rising Employment in The Legal Profession
Increasing Emphasis on Diversity, Ethics, and Inclusion
The US Continuing Legal Education (CLE) Market Report Encompasses Crucial Data, including:
Market Size and Growth Forecast for 10 Years from 2020-2029
CAGR (Compound Annual Growth Rate) during the forecast period: This metric provides insights into the annual growth rate of the US continuing legal education (CLE) market over the specified time frame.
Detailed information on growth drivers: The report offers in-depth information on the factors that will propel the US continuing legal education (CLE) market growth from 2023 to 2029. This includes an analysis of various market influences.
Precise estimation of market size: Accurate assessments of the US continuing legal education (CLE) market size and its contribution, focusing on key market segments.
Predictions about upcoming trends and changes in consumer behavior: The report offers insights into anticipated trends and shifts in consumer behavior that are likely to impact the US continuing legal education (CLE) market, helping businesses prepare for future market dynamics.
Geographical market growth: The report covers the development of the US continuing legal education (CLE) market.
Competitive landscape analysis: A thorough examination of the market’s competitive landscape is presented, including detailed information about companies operating in the US continuing legal education (CLE) market. This includes an overview of key players, their market share, strategies, and key developments.
Analysis of growth challenges: The report includes a comprehensive analysis of factors that may pose challenges to the growth of companies in the US continuing legal education (CLE) market, providing a well-rounded view of the market dynamics.
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Key Company Profiles
American Bar Association
Attorney Credits
American Law Institute Continuing Education (ALI CLE)
ALM Global
CALIFORNIA STATE UNIVERSITY, EAST BAY
CeriFi
Duquesne University
Elisabeth Haub School of Law at Pace University
LexisNexis Risk Solution
Lawline
mylawCLE
National Academy of Continuing Legal Education (NACLE)
National Business Institute
Practising Law Institute
Pennsylvania Continuing Legal Education
Quimbee
Strafford LLC
Sterling Analytics
St. John’s University
TRTCLE
University of Miami
University of San Diego
University of California (Irvine)
University of North Dakota
University of Houston Law Center
WASHINGTON COLLEGE OF LAW
University of Pittsburgh School of Law
USC Gould School of Law
University of Pennsylvania Carey Law Schools
Market Segmentation
Delivery Mode
Classroom Training
Distance Learning
Other Delivery Modes
Providers
Educational Companies
Multi-disciplinary Educational Institutes
Standalone Law Schools
Other Providers
Region
United States
West
Northeast
South
Midwest
Key Questions Answered in the Report:
How big is the U.S. continuing legal education (CLE) market?
What is the growth rate of the U.S. continuing legal education (CLE) market?
Which region dominates the U.S. continuing legal education (CLE) market share?
What are the significant trends in the U.S. continuing legal education (CLE) market?
Which providers segment holds the most prominent share of the U.S. continuing legal education (CLE) market?
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