In the Press
December 13, 2022

5 Issues That Shaped Legal Tech In 2022 (Law360)

The legal tech industry faced many challenges in 2022, including consolidation of the market and a looming global recession. Law360 Pulse looks at some of the top issues that shaped the industry this year. In 2022, the legal tech market hit a point in maturity where fewer new products were introduced and more companies consolidated their businesses, Anne Stemlar, Managing Director of Research and Knowledge Management, told Law360 Pulse. Another key issue for legal tech providers in 2022 was law firms rethinking their office spaces, according to Chief Innovation Officer Rachel Dooley. "For us as an industry to start to unpack what our folks find valuable and what they find is core to being in an office environment ... [is a] forcing mechanism for us to continue to rethink [office spaces]," Dooley said.