Bloomberg Law
Jan. 16, 2020, 1:10 PM

Atrium Law’s Pivot Puts $75 Million into Disruption Perspective

Bruce Kaufman
Bruce Kaufman

Atrium Law’s decision to step back from building a law firm will leave its lawyers in the lurch and have some Big Law managing partners breathing a sigh of relief. But how will legal tech investors view the news?

Big Bite: Atrium’s effort to build a software-enabled law firm is among the most difficult tasks legal innovators can take up, industry watchers said. More discrete businesses like building contract management software or selling temporary lawyers will continue to attract investment, they said.

Change Management: “For any knowledge worker, not just lawyers, reinventing the way they work is hard,” said Jeroen ...