The legal world’s sometimes glacial pace does not obviously lend the industry to being disrupted by new technologies—but venture investors seem to be betting big on exactly that.
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“When you look at the cloud and other technology, the legal industry has been resistant to it,” said Jesse Wedler, a partner at CapitalG who has been watching the legal tech space for about eight years. “Now you are seeing people have an increasing appetite for this technology. But it’s still early innings—like the first or second inning.”
Legal tech companies have already …