ILTA's Legal Investment Hub

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.

Join the Startup Innovation Hub Online Community to begin the conversation.

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.

Who we are

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.

Benefits to investors

• Priority access to legal services and technology providers who are aligned with investor interests and have the potential for significant revenue growth
• Access to approximately 20 vetted legal technology startups seeking outside investment
• Access to service providers in areas adjacent to legal services, such as governance, risk, compliance, analytics, AI, and more, that are of interest to corporations and law firms
• Opportunity to hear from key potential customers in real time

The ILTA Investment Hub is a one-day event held in conjunction with ILTACON – the premier educational and networking event for the legal community.

The Investment Hub “event within an event” will include:

• “Shark Tank”™ style pitch sessions where participating startups will be given 5 minutes to make a pitch to private equity and venture capital firms
• Startups will be provided an opportunity for a prep session with an experienced corporate advisor
• Investors and potential customers will be allotted 5 minutes for follow-up questions from the audience after making their pitch
• ILTA will provide two private meeting spaces for continued conversations after a pitch session