Legal Tech Investments Dropped in 2022—But the Number of Investors Spiked

Legal technology can seem like a drop in the ocean of the larger tech industry. But it may not be so different after all—at least financially speaking.

Raymond Blijd, the founder and author of Legalcomplex, collected data on legal tech funding rounds in 2022. For Legaltech News, he more specifically defined what constitutes a legal tech provider, excluding tax and consulting tech companies.