Credit: wan wei/Shutterstock Bad for Innovation, Good for Business? For ALSPs, Market Consolidation Is a Mixed Blessing
Some ALSPs believe that more M&A in the legal tech and services market could ultimately mean less innovation. But they don't see the deals spurring less competition.
April 25, 2022 at 10:00 AM
6 minute read
The original version of this story was published on Legal Tech News
The legal tech and services market is no stranger to consolidation, with the past few years seeing a surge in M&A deals, spurred in large part by the market's maturity and growing investor interest. But while such acquisitions are helping many legal tech and service providers expand to new heights, they're not always welcome news.
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