International Data Corporation (IDC) recently published new survey results that explore the current buying trends and preferences for legal technology software within the eDiscovery, contract life-cycle management, and enterprise legal management markets.

New "digital realities" will require a new legal framework, with two-thirds of respondents to Gartner's CEO Survey expecting their business models to change in the next three years. Digitalization looms large as a key driver of near-term business change and legal departments must reorient themselves around digital project challenges that accelerate existing legal and compliance risks.