Legal Tech Sets Investment Record for 2018 - Articles

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Posted by: Chelsea Bennett on Jan 16, 2019

This Forbes article analyzes the investment record that the legal tech industry set in 2018. In 2017, $233 million was invested while 2018 saw a 713 percent increase, carrying a total price tag of $1,663 million. The article partially credits the increase to the electronic service eDiscovery since it has become more relevant for U.S. attorneys. Legal research is another leading branch of legal tech that numerous companies utilize. The legal tech companies that received the largest investments in 2018 were DocuSign, LegalZoom, Exterro, Atrium and Kira Systems.