2018 Rewind: Facts, Fantasy and The Future of LegalTech
The year 2016 was the hottest year in Legal Tech and 2017 was all Blockchain. This year was about the investments. And that may have been a distraction.
Analysis
Monthly report on trends with a focus on stats
The year 2016 was the hottest year in Legal Tech and 2017 was all Blockchain. This year was about the investments. And that may have been a distraction.
In 2018, we found 1941 individuals and organizations as an investor in companies impacting legal. Who is funding the legal industry? And Why now?
Since 2016, the only sector impacting the legal industry which showed measurable growth of new ventures and funding is RiskTech. So is this the new “LegalTech”?
Recently a friend asked us how many legal research portals Legalpioneer has in the dataset. Here’s how the conversation went:
Private companies impacting the legal industry raised $1.2 billion in 6 months, more than was raised in the last 3 years combined..ridiculous.
Since January the Legal Industry has seen a flurry of maps, meetups, hackathons, awards, and conferences. All these activities are aimed at sizing the market and finding the next big hit. But what are we really looking for? And are we looking in the right place?
I looked at 304 Initial Coin Offerings (ICO) to find the ones impacting the legal industry. I was simply fascinated and slightly fearful seeing all the beautiful solutions on the Blockchain. Here are my notes and numbers.
..in the beginning
Legal and Tax tech funding 2016 to date: 2021 hits a new high? Legal IT Insider
Interview CEO and co-Founder Raymond Blijd in DeJurist
Which advanced tech receives most VC cash? Legalcomplex in Legal IT Insider
Legalpioneer featured on LawSites
by Robert Ambrogi
Spark Legal Tech Dashboard Launches, Shows M&A + Funding Data on Artificial Lawyer
Legalcomplex data in “Robot Judge has Arrived” cited in De Telegraaf
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