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Advantages of Private Cloud Technology for Law Firms’

CaseFox

In 2021, the legal tech market generated revenues of $27.6 billion USD worldwide, with the market forecast to grow at a CAGR of over 4% by 2027. In recent years, law firms turned to private legal cloud technology for enhanced safety and security. In that year, revenues are set to reach 35.6 billion USD.

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Award-Winning Legal Tech Startups Are Reshaping the Future of Justice

Legal Tech Monitor

Last month, the American Legal Technology Awards in Nashville, Tennessee, showcased groundbreaking legal technologies, several of which are part of Utah’s pioneering regulatory sandbox. Rasa Legal clinched the Startup category with its mission to make the expungement process simpler and more affordable.

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Migrating eDiscovery Cases to the Cloud: Tips on Making the Switch

CloudNine

By Catherine Ostheimer The move from on-premise to cloud-based eDiscovery software use is not a new trend. In fact, according to Complex Discovery, close to 55% of global eDiscovery software spending went to cloud-based software in 2022, with the percentage expected to increase to 73% by 2027. Still, change is hard.

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CLM Platform Summize Secures £5M Series A Investment

Legal Tech Blog

Manchester-based contract lifecycle management platform provider Summize has secured £5m Series A investment from YFM Equity Partners (YFM) and Maven Capital Partners (Maven), as it looks to build its presence in the US and further develop its intelligent SaaS legal technology.

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Remote vs. Hybrid vs. Back to the Office: Law Firm Edition

Martindale-Avvo

How Technology is Making Hybrid Legal Work More Effective Legal technology has helped to bridge the gap between in-office and remote work for lawyers. In 2021, the legal tech industry generated roughly $27.6 billion in revenue globally, and the market is expected to expand by over 4% annually through 2027.