Credit: only_kim/Shutterstock Legal Tech's Niche Market Isn't (Completely) Scaring Off Investors
The "small pond" of legal tech may have enough investors to spur growth. But to boost itself in the eyes of private equity investments, some companies are straying away from the "legal tech" label.
January 28, 2022 at 11:00 AM
3 minute read
While over a billion dollars in private equity was raised by legal tech companies in 2021, it's still a fairly small sector compared to the broader tech market, which private equity firms have publicly backed with over $401.7 billion in 2021 alone. Still, that isn't stopping interested investors from funding the legal tech market.
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