Legal services has been seeing market shifts, which have significantly accelerated during the pandemic. There is expanded use of technologies to automate, streamline, or outsource repeatable legal activity which has made legal services into a $14B market which continues to see double digit growth. The role of the General Counsel (GC) has evolved to that of a strategic advisor to the C-suite on issues such as business growth, governance, risk, and compliance in addition to legal. Many smaller law firms and corporate law departments are underserved by the current legal service providers. These conditions all point to additional growth for legal service providers who will need funding and talent to grow to meet the market needs.
We're launching the ILTA Legal Innovation Hub to better meet the changing needs of its members and the legal community at large. The ILTA Legal Innovation Hub is poised to introduce key buyers of legal services with the providers, the talent, and the investor community. The Hub will be launched in 3 phases:
The purpose of this online community is to foster discussion and share learnings from the entire StartUp ecosystem including ILTA Members, Vendors, Private Equity, and other investors with an interest in this community.
International Legal Technology Association (ILTA) is an association focused on educating and connecting legal professionals with their peers. While ILTA has a strong focus on technology, the offerings support legal professionals in law firms, corporates, and government legal operations, all sharing a common need to have access to the products and services that impact the legal profession. Currently ILTA has more than 25,000 members. More than 2/3 of ILTA’s members are smaller law firms and corporations. Legal technology and service providers participate in ILTA events to showcase their products and services to buyers of legal services.
The Investment Hub “event within an event” will include:
Participants in ILTA’s Startup Hub will receive priority access to pitch sessions.
You may also visit them in the ILTACON Exhibit Hall on Thursday 25 August from 7:30 am until 12:30 pm.