Legaltech During COVID-19: The Opportunities For Providers & How They Have Reacted!

Date: May 20, 2020
An interesting read by Hg 'hashtag#legaltech during hashtag#covid19: the opportunities for providers and how they have reacted'The pandemic and associated lock-down has had an impact on businesses across most industries. Law firms have not been immune, with clients reducing their business activity, several M&A transactions on hold and many courts closed. A recent research report for law firms estimates a revenue decline of 15-20% in 2020 compared to the previous year* which will have an even greater impact on profitability, driving many law firms to the difficult decision of freezing costs and in some cases taking more drastic measures such as reducing staff hours and cancelling partner ...

Is LegalTech even worth the hype?

Date: Jan 22, 2020


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