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money circles

If you have some spare change laying around, legal tech seems like the place to put it these days. Earlier this month, legal contract AI company LinkSquares raised $4.8 million during its latest round of financing. In February, Amity Ventures and Village Global led a seed funding round that saw Evisort raise $4.5 million. Numerous other businesses have also seen an influx of cash that has led to a host of M&A activity.

So is this just a temporary fad or a trend in the making? The answer might be a little bit of both depending upon how confident investors are that lawyers are improving their traditionally tempestuous relationship with technology.

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Frank Ready

Frank Ready is a reporter on the tech desk at ALM Media. He can be reached at [email protected]

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