According to LegalComplex2021 saw 340+ venture round rounds totaling $6.5 billion. This is a record breaking 111% increase over 2020. The majority of this was spent in acquisitions, mergers, and product development, according to industry-leading news sources. Despite the fact that legal tech investments have risen by a lot last year, sales in the industry came to a halt.
Jacqueline Militello has done a study. Complex Discovery reviewed itAccording to a report by, business professionals consider the lack of face to face interactions during COVID their biggest handicap in networking and the ability build new relationships that lead to organic sales. Prospects for our consulting firm admit that most of their business comes through referrals or existing clients. My legal tech recruiting friends are almost always looking to hire senior sales executives with established business.