Technology focus areas in the legal tech ecosystem
| Tag | Companies | Percentage | Average Funding |
|---|---|---|---|
| saas | 703 | 22.9% | $57,547,001 |
| artificial intelligence | 542 | 17.6% | $27,832,228 |
| compliance | 371 | 12.1% | $30,548,512 |
| automation | 291 | 9.5% | $46,966,656 |
| practice management | 289 | 9.4% | $75,401,875 |
| document automation | 261 | 8.5% | $181,019,393 |
| document management | 260 | 8.5% | $43,139,658 |
| risk management | 206 | 6.7% | $41,340,388 |
| contract management | 204 | 6.6% | $126,549,310 |
| intellectual property | 182 | 5.9% | $105,116,393 |
| law firms | 140 | 4.6% | $93,770,457 |
| legal research | 139 | 4.5% | $67,443,139 |
| online platform | 113 | 3.7% | $76,384,562 |
| ip management | 112 | 3.6% | $146,257,688 |
| litigation support | 108 | 3.5% | $52,969,790 |
| dispute resolution | 105 | 3.4% | $17,405,646 |
| machine learning | 98 | 3.2% | $40,308,289 |
| legal marketplace | 96 | 3.1% | $10,433,108 |
| marketplace | 86 | 2.8% | $2,971,537 |
| case management | 84 | 2.7% | $25,893,911 |
| ediscovery | 81 | 2.6% | $78,768,393 |
| analytics | 79 | 2.6% | $21,418,031 |
| blockchain | 76 | 2.5% | $1,401,949 |
| innovation | 75 | 2.4% | $12,960,761 |
| legal documents | 69 | 2.2% | $27,125,448 |
| estate planning | 60 | 2.0% | $12,364,164 |
| fintech | 58 | 1.9% | $4,429,832 |
| e-signature | 57 | 1.9% | $22,829,192 |
| legal professionals | 57 | 1.9% | $10,786,941 |
| litigation | 47 | 1.5% | $36,828,577 |
| b2b | 46 | 1.5% | $4,805,170 |
| enterprise software | 44 | 1.4% | $57,503,092 |
| technology | 44 | 1.4% | $8,333,333 |
| knowledge management | 42 | 1.4% | $5,045,254 |
| litigation management | 42 | 1.4% | $28,535,497 |
| immigration | 40 | 1.3% | $1,933,500 |
| professional services | 40 | 1.3% | $5,172,507 |
| legaltech | 39 | 1.3% | $9,306,660 |
| workflow automation | 38 | 1.2% | $670,973,791 |
| information technology | 38 | 1.2% | $10,504,316 |
| consulting | 38 | 1.2% | $553,908 |
| online legal services | 37 | 1.2% | $24,810,775 |
| data management | 36 | 1.2% | $54,424,326 |
| consumer rights | 36 | 1.2% | $6,694,390 |
| natural language processing | 35 | 1.1% | $53,545,146 |
| legal analytics | 34 | 1.1% | $36,439,151 |
| collaboration | 34 | 1.1% | $17,065,430 |
| technology platform | 34 | 1.1% | $5,473,498 |
| legal innovation | 33 | 1.1% | $3,875,656 |
| legal information | 33 | 1.1% | $35,961,881 |