Two firms took 62% of legal-AI venture money
Legal AI looks like a boom, but the money is not spread evenly. One investor's tally claims that legal-tech venture funding is down 39% year on year once Harvey and Legora are excluded. Those two companies alone took 62% of the total. So beneath the headline names, the sector would be shrinking sharply. It is a small illustration of how AI funding tends to flow to a few perceived winners while everyone else fights over what is left.