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Is there any opportunity to upgrade from LR 5.7.1 to a newer version for a one time payment? Or do I need to pay monthly?
There is no more perpetual licensed versions.
You have to subscribe to the Photography plan, $9.99 US a month.
Ok, thank you.
This is too expensive for my some hundred new photos per year.
Then think about Photoshop Elements 2020. One time purchase of around $80.
Get something like Affinity Photo or ON1 Photo Raw with a onetime purchase. They are both having bargins today for less than 50 dollars.