Legal technology investors are interested in the next big legal tech breakthrough, but want to invest in tech that has been expertly evaluated and likely to result in positive ROI.
November 15, 2022 at 09:18 AM
5 minute read
Legal technology might be cutting-edge, but it’s not new. It dates as far back as 1973, when Lexis invented the first digital terminal to access a database of case law. This was closely followed by the invention of the first word processing machine. These two technologies—the case law database and electronic document drafting—now form the basis for the modern legal practice.
This observation begs the question: what’s the next big breakthrough in legal tech?
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