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Analysis

Legal tech focus: Joined-up thinking

2019 saw law tech in vogue as investment surged. Thomas Alan canvasses technology specialists to assess what matters as the industry strives to create broader platforms

Posted on 11 February 2020 09:30am17 February 2020 11:06am
Thomas Alan
Focus Legal tech

With cash flowing freely into legal tech and start-ups scaling, the market is looking increasingly mature. But while bold claims have been made of the disruption start-ups will supposedly trigger in legal, the response from established providers has been a robust acquisition strategy, which could see fledgling companies struggle to compete.

‘Certainly there’s been consolidation and people buying up platforms,’ says Simmons & Simmons innovation and business change director Ben McGuire. ‘Bigger incumbents like Thomson Reuters and LexisNexis are becoming more acquisitive. We’ll likely see more of that from large, existing platforms and fast growers like UnitedLex.’

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