Key Takeaways
- Only 7% of users read Terms and Conditions fully before accepting
- 91% of consumers accept T&Cs without reading them
- Average time spent reading T&Cs is 73 seconds
- Average T&Cs length is 2,657 words, equivalent to 10 pages
- Top 100 websites' T&Cs average 11,618 words
- 80% of T&Cs exceed 5,000 words
- 98% of users accept T&Cs on first visit
- Bounce rate drops 15% when T&Cs are shortened
- 65% compliance rate for T&Cs updates notifications
- T&Cs disputes resolved out-of-court: 78%
- 23% of class actions involve T&Cs violations
- Arbitration clauses in T&Cs upheld 85% of time
- Social media platforms have longest T&Cs at 15,000 words avg
- Banking T&Cs average 9,400 words
- Streaming services T&Cs updated 4x/year avg
Users almost never read lengthy and complex terms and conditions before accepting.
Acceptance and Compliance Rates
Acceptance and Compliance Rates Interpretation
Document Length and Complexity
Document Length and Complexity Interpretation
Industry and Sector Variations
Industry and Sector Variations Interpretation
Legal and Enforcement Statistics
Legal and Enforcement Statistics Interpretation
User Reading Behaviors
User Reading Behaviors Interpretation
Sources & References
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