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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Published 09/12/21
We recently surveyed legal innovation thought leaders, and discovered the top reasons preventing law firms - traditional laggards when it comes to change and technology adoption - from innovating.
Time and budget constraints, skill deficiencies, and risk aversion were seen as the key drivers.
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Published 09/05/21