Funding the Future? 4 Legal Tech Companies That Snagged Big Law Investment
Some law firms are going further than just leveraging legal tech tools, they are also financially investing in budding companies. Legaltech News highlights the four legal tech companies gaining law firm funding.
November 04, 2020 at 10:00 AM
1 minute read
Since last year, legal tech companies have raised over a billion in funding, with law firms playing a significant part a role in the market's growth. Lawyers investing in software may seem odd in a profession that is routinely generalized as reluctant and even distrusting of technology. But law firms that have invested in legal tech startups have argued lawyers can't afford to ignore technology and its efficiency. Instead, some firms say it's better to embrace and mold the software rather than watch it snatch work away. Above, Legaltech News highlights some legal tech companies that have secured funds from law firms.
Make sure to check out the full story of these companies and more, here on Legaltech News.
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