Is legal tech an intriguing space for searchers?

investor profile

August 07, 2024

by an investor in San Francisco, CA, USA

The legal tech industry has seen substantial growth and innovation, particularly in the integration of AI and automation. Is legal tech, with its significant services component, an attractive / growing industry? Legal tech solutions often include services like implementation, training, and ongoing support​. How crucial is this services component to the overall value proposition of legal tech companies, and what role does it play in their long-term success? There's also a notable shift from traditional law firm-focused tech to solutions tailored for in-house legal teams​. How might this transition impact the overall demand for legal tech, and what opportunities does it create?

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Reply by an admin
from Massachusetts Institute of Technology in Portland, OR, USA
There hasn't been much discussion on Legal Tech so far on Searchfunder, but ^redacted‌ who've mentioned it in the past might have an opinion to share here.

If anyone else has questions about Legal Tech, or related topics, please post them and I'll do my best to get them answered for you.
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