Legal technology—applications and processes designed to address the acknowledged lack of efficiency plaguing legal practice—is a fast-growing market. Companies that focus on optimizing legal processes through technology are springing up and scaling quickly.
According to a report by investment bank Investec examining developed geographic markets, investment in legal technology “startups and scaleups” was around $1 billion last year. 2019 is likely to see even more investment; data compiled by Bloomberg from company disclosures and startup database Crunchbase indicates that legal tech funding in the first quarter of 2019 alone already topped $400 million.
This report will identify the major investing ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.