Adding yet another startup to its portfolio, global law firm Dentons’ legal tech incubator Nextlaw Labs recently announced an investment in qualitative metrics startup Qualmet. The investment underscores industry demand to measure the business value of legal services. Nextlaw is not disclosing the investment amount at this time.
Dan Jansen, chief executive of Nextlaw, noted that like the incubator’s other investments, Qualmet was chosen to help ease a specific pain point in the industry. Among recent Nextlaw investments are legal transaction management platform Doxly, compliance management platform Libryo and automated contract drafting platform Clause.
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