14. LegalTech Funding Soars But Law Firms Aren't Investing

NewLaw Academy

English - September 12, 2021 21:00 - 8 minutes - 7.62 MB
Management Business futurelaw futurelawacademy law lawfirminnovation legalinnovation legalservices legaltech newlaw Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: 13. Five Reasons Law Firms Don't Innovate

Next Episode: 15. How Law Firms Are Navigating Wellbeing at Work

Early-stage legaltech companies (pre-seed and seed) raised a combined US$73M globally in 12 months to 30 June 2021. According to Crunchase, there were 96 deals done during the period for an average deal size of US$760K per company, and an average funding rate of just under 2 startups per week.

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