Credit: Nuthawut/Adobe Stock How Long Is Your Legal Tech Vendor Going to Be Around?
Because many of today's legal tech vendors are startups who are still trying to find their way forward, there is a risk that some of them may only be around for a short time, or will be subsumed into another organisation—outcomes which will impact their users more than most.
August 31, 2023 at 09:19 AM
6 minute read
The current macroeconomic headwinds do not appear to be slowing corporate digital transformation, but they will have a huge impact on the current, highly competitive mid-market legal tech market. Legal Geek's latest startup map includes more than 250 European legal technology vendors alone, but it is far from certain that half of those businesses will survive the next few years.
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