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ROSS shutting down last week is a cautionary example of how a legal tech company with lean cash reserves can be “cash poor” despite raising millions in outside funding. But while the legal research provider’s closure and cash flow issues surprised some, others noted its situation is common across the legal tech industry and the broader startup market.

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Victoria Hudgins

I am a reporter for Legaltech News, where I cover national and international cyber regulations and legal tech innovations and developments.

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