Understanding the Casetext deal requires us to take a helicopter view of the landscape. We’ll need both a copilot and a landing pad. Solo A startup with only one employee and no outside funding sells for $54 million. Wargraphs was founded 10 years ago, and the reported revenue last fiscal year…

Marc Benioff from Salesforce calls this moment in time a supercycle. While, the reports are mixed, the reasons remain remarkably subtle. Mass For those new to Legalcomplex: we missed our analysis in May, so this one includes June as well. We presented numbers at Futurelaw 2023 in Estonia and were asked…

Any investors would love to see growth with a moat in a startup. Realistic investors know the market conditions for that to happen. Disclaimer: We co-authored this post with GPT-4 and persona X-Ray. X-Ray is generated with GPT by having it analyze our Study section. We loaded X-Ray with data…

I got to meet heroes. In the wake of the disruption the week before, we discussed the opportunities and threats facing the legal industry. Legalweek On March 14, 2023, OpenAI released GPT-4 and demoed live at the 19:30 minute mark, how you can be your own tax lawyer. This is the…

As a society, we evolve and make new laws. Laws are based on opinions we’ve formed after processing new information. What is new information? TLDR: Thursday, 23 February, we presented our vision of the future of law. And our dream is data. Hallucinations We’ll focus less on numbers this outing. The…

Funding in Legal totaled $5.38 Billion, we also have $3.43 Billion and $4 Billion. What’s the difference? Allow us to explain. Funding Legal 2022 Funding legal is a multiverse of investments in different areas. Usually, the legal tech space is seen as a horizontal market for legal professionals. In reality, the influence on…

The paradox of investing in a slow economy is that it forces investors to invest in slow growth. Now, where does one find slow growth? Before we run our analysis on investors and investing, let’s set the stage. We received two significant signs this quarter: Salesforce growth slows, while DocuSign…

Answer: selling your company (stock) at the right time to the right buyer. Getting an exit timing right gets some really angry with us. TLDR: Exit options are limited as capital gets expensive. Yet, who is buying and how they are financing it tells us that options have shifted. Numbers A…

Growth in legal is noticeable in the earning reports by public companies and the funding patterns in private ones. What are the signs? Recap: Growth in legal is picking up, but it relies on only a few areas in Governance, Risk management, and Compliance ( GRC). …