Legal & Compliance Tech
The global legal and compliance tech market, estimated at ~$28B in revenue currently, is poised for explosive growth in the years ahead as legal and compliance teams fully embrace digitalization and automation tooling. Legal tech solutions increasingly revolve around real time data access to contain costs, increase automation and improve outcomes, while Compliance tech is increasingly deployed to safeguard massive amounts of data brought about by new privacy regulations. Both capital raised and M&A deals hit all time highs that far surpass the 2020 levels. With over 300 companies identified in AGC’s Legal and Compliance Tech landscape, this industry is large and growing rapidly with many new startups disrupting the status quo and a few giant incumbents competing for pole position.