Legal Tech Blog
APRIL 30, 2024
The global legal technology market has grown significantly in recent years and generative AI (GenAI) will accelerate this growth, meaning the market will reach $50 billion in value by 2027, according to Gartner, Inc. Incorporating GenAI into these applications will only accelerate purchasing and adoption.
Legal Tech Monitor
NOVEMBER 9, 2023
Last month, the American Legal Technology Awards in Nashville, Tennessee, showcased groundbreaking legal technologies, several of which are part of Utah’s pioneering regulatory sandbox. Rasa Legal clinched the Startup category with its mission to make the expungement process simpler and more affordable.
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CloudNine
JULY 27, 2023
In fact, according to Complex Discovery, close to 55% of global eDiscovery software spending went to cloud-based software in 2022, with the percentage expected to increase to 73% by 2027. Catherine Ostheimer is VP, Marketing at CloudNine and has been working in the legal technology industry for 8+ years. Still, change is hard.
CaseFox
FEBRUARY 28, 2023
In 2021, the legal tech market generated revenues of $27.6 billion USD worldwide, with the market forecast to grow at a CAGR of over 4% by 2027. In recent years, law firms turned to private legal cloud technology for enhanced safety and security. In that year, revenues are set to reach 35.6 billion USD.
Martindale-Avvo
MAY 15, 2024
How Technology is Making Hybrid Legal Work More Effective Legal technology has helped to bridge the gap between in-office and remote work for lawyers. In 2021, the legal tech industry generated roughly $27.6 billion in revenue globally, and the market is expected to expand by over 4% annually through 2027.
Legal Tech Blog
OCTOBER 30, 2022
Manchester-based contract lifecycle management platform provider Summize has secured £5m Series A investment from YFM Equity Partners (YFM) and Maven Capital Partners (Maven), as it looks to build its presence in the US and further develop its intelligent SaaS legal technology.
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