Despite AI being a hot area for investment, the Investment in legal and tax technology companies generally dropped by 43% in the first half of 2023, down from an H1 2022 figure of $3.16bn to $1.80bn.
Debt financing deals across the first six months of the year nearly doubled in the face of lack of equity options, data from analytics company.

 

Read more: https://legaltechnology.com/2023/07/06/exclusive-global-legal-and-tax-tech-funding-drops-43-in-the-first-half-of-2023/