Legal tech companies do a pretty good job of getting angel funding, but sometimes it is harder for them to get interest from venture capitalists. Even so, the more important task for most in the sector is “access” to the market, based on interviews with several of those familiar with the current environment.
When asked about the investment climate, Roland Vogl, executive director of the Stanford Program in Law, Science and Technology, said the best way to describe the current climate for legal technology companies is “sporadic.”
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