Law firms

Adoption is accelerating: legal tech start-up investment more than doubles to £61m in 2018

Jim Leason

Cash flowing into UK legal tech start-ups rose to £61m in 2018, a considerable increase on the previous year’s £22m, according to a Thomson Reuters report published today (16 October).

Over a five-year period the increase is even more drastic, with just £1.5m invested into legal tech companies in 2014 according to the report, created in collaboration with legal technology community Legal Geek. Moreover, the cash influx shows no signs of abating, with 2019’s investment already standing at £62m.

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