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Special Evaluation: Legal Tech Exits, 2001-2022

Bynewsmagzines

Nov 1, 2022
Exclusive Analysis: Legal Tech Exits, 2001-2022


Recently, I posted right here an distinctive analysis of authorized tech funding from 1984 to 2020, a video timeline exhibiting the evolving bar chart of investments in lawful tech over just about four a long time.

Now I am able to completely present a different evaluation of lawful tech specials — this time of exits in the varieties of acquisitions or other offers from 2001 up to Oct. 25, 2022.

As just before, this investigation was compiled and made by Raymond Blijd, founder of Legalcomplex.com, a company that is in the business enterprise of tracking investments and market place information.

In this examination of acquisitions,  Blijd uncovered:

  • A complete of 901 discounts, of which 892 ended up one of a kind and 16 involving companies obtained various moments (these as Consilio and AbacusNext.
  • A whole greenback value of deals of $59.1 billion.
  • The major three categories of offers, primarily based on figures of bargains, had been e-discovery, follow management and agreement tech.
  • The leading three classes based on dollar values had been e-discovery, mental house and tax.
  • The typical deal worth was $65 million.
  • The ordinary company age at exit was 11.9 yrs.

“This is our 3rd analysis on the return of an investment of a lawful tech venture” Blijd explained to me. “The most relating to perception below are the similarities in between acceptance of e-discovery and agreement tech. The most valuable investments traditionally are in mental residence and tax.

“Yet, if we look at the startup pipeline, we see very little IP tech. We do see a colourful established of new groups, It is exciting to see what the new crop of startups will return in price at an increasingly youthful age.”

https://www.youtube.com/look at?v=WeiCLfRjh7c

For any reader fascinated in going further into this data or obtaining the whole breakdown, access out to Blijd as a result of his web page. His Spark Max custom dashboards offer constantly current insights with numbers and names, and they exhibit narratives in graphs, charts, and maps.

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