A view of the New York Stock Exchange on the corner of Wall St. and Nassau St. Photo: Ryland West/ALM Is the World—or the Industry—Ready for More Legal Tech IPOs?
While LegalZoom and Intapp filed their intentions to go public with the SEC last week, the road to an IPO may be difficult for other legal tech companies without a history of solid growth or the capacity to expand into other markets.
June 08, 2021 at 09:30 AM
4 minute read
Two legal tech vendors got their weekend off to a very productive start. Both LegalZoom and Intapp filed their intentions to go public with the U.S. Securities and Exchange Commission late last Friday. While legal tech initial public offerings are becoming less rare, the jury is still out on whether other companies in the legal tech market are ready to go the distance—or if the general public is ready to invest in legal tech.
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