The Legal Tech Startup Landscape

Pieter GunstCodeX Fellow / Co-Founder at Legal.io

pieter@legal.io@digitallawyer

C O D EX F U T U R EL AW 2 0 1 8

code = lawH A N D S - O N I N T R O D U C T I O N

T O C O M P U T E R S C I E N C E F O R L A W S T U D E N T S

techindex.law.stanford.eduA C U R A T E D L I S T O F 8 2 8

C O M P A N I E S C H A N G I N G T H E W A Y L E G A L I S D O N E

Companies covered by TechIndexLegal Technology Companies

§ Tracking startups and more mature legal technology companies§ Dating back to as early as 1929§ Covering a wide variety of use cases§ Based anywhere in the world

Data

§ Contributed and maintained by the community§ Company info (name, description, date founded)§ Categorization (main categories, free tags)§ Online Footprint (Website, Twitter, CrunchBase)§ Geographic Location§ Funding Information

Main Categories

Tags

Category Distribution

0

20

40

60

80

100

120

140

160

180

200

Docum

ent A

utomati

on

Marktpl

aces

Practic

e Man

agem

ent

Analyt

ics

Resea

rch

E-Disc

overy

Lega

l Edu

catio

n

Online

Disp

ute R

esolu

tion

Compli

ance

Count per Category

Category Distribution Over Time

© 2018 Eric Chin

Geographic Distribution

Fundraising: Over $2.5B raised in more than 450 deals

Document Automation

33%

Practice Management

27%

Marketplaces16%

Research7%

Analytics7%

E-Discovery6%

Document Automation Practice Management Marketplaces

Research Analytics E-Discovery

Online Dispute Resolution Compliance Education

M&A: Over 100 transactions, with a peak in 2016.

0

2

4

6

8

10

12

14

16

18

1994 2001 2003 2004 2006 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Mergers and Acquisitions

Recent trends

• Move to the cloud (Yes, it is 2018)

• Learning from consumer technologies (Mobile, design)

• Intelligent agents as a means of document automation.

• E-discovery, Analytics and Automation: from search to AI.

• DLT and Smart Contracts: emergence of a new category.

• A move towards decentralization.

Acknowledgements

Bob AmbrogiPaul Blizzard Eric ChinCrunchbaseDavid CurlePatrick HaedeMarkus HartungKyle MitchellRoope MarttilaJason MoyseAmelia OliverLisa PanKristen SondayBryan WilsonKevin Xu

Contributions from law students, lawyers, corporate entities, and over 100 users, from all over the world.

Thank You

Interested in contributing?techindex.law.stanford.edu

pieter@legal.io@digitallawyer

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