Axios Pro

Legal tech deal activity guiltyof increasing

Date

Jul 11, 2025

Author

Chris Metinko

Illustration: Eniola Odetunde/Axios

Investors are not remaining silent when it comes to investing and dealmaking in legal tech.

Why it matters: Historically the legal industry has been a slow adopter when it comes to tech, but AI seems to be changing all that.

Driving the news: Eudia, a Palo Alto, California-based legal tech company, acquired Johnson Hana, an Ireland-based alternative legal services provider.

By the numbers: Investors are taking note, as $2.6 billion in venture capital already has been invested this year, compared to $2.7 billion through all of last year, per PitchBook.

  • That number was helped by legal tech startup Harvey raising a $300 millionSeries E at a $5 billion valuation in late last month.

What they're saying: One legal tech firm recently told me the law industry's dependence on research and repetitive tasks make it a natural to be disrupted byAI.

The bottom line: Legal tech has seen venture dollars and M&A deals increase the last two years. Don't expect that trend to stop this year.