Investments and acquisitions both picked up steam in the legal technology sector in 2019, as the use of tech to streamline operations and save money became ever more important to law firms and corporate legal departments.
Record Investment: Investments into legal tech companies soared past $1 billion in the first three quarters of 2019—a mark first achieved the previous year. Big deals also abounded in the legal tech sector, including several designed to create consolidated platforms, which appeal to tech-averse attorneys wary of using too many different vendor programs at the same time.
Attendance Up: At the same time, legal ...
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