Classification of LegalTech

There have been many efforts globally which have mapped the LegalTech landscape. One of the most known is probably Stanford CodeX index, mainly due to the law school’s  frontrunner position with regards to LegalTech and Legal Design. For further and broader understanding the scope of existing initiatives, we advice to have a look at these directories. Weather you are looking for details on funding, features or an overview per country, this is a great starting point. This section may also serve as a sort of checklist for setting up your own directory for research or comparison purposes. When defining general scope it needs to be firstly decided which companies will be included. We can define LegalTech company as the one which applies technology to:

  1. help facilitate the practice of law for lawyers and other legal practitioners, or
  2. help consumers gain access to legal expertise and judicial system

Below is a list of LegalTech attempts to classify the industry:

  • Stanford Law Tech Index – the biggest and highly used database out there
  • Dealtech – providing the most elaborate company profiles
  • Lawsites – a classifying attempt by Robert Ambrogi
  • Legal Geek Startup Map – comprehensive LegalTech startup infographic
  • AngelList – a startup database overview with focus on funders
  • Crunchbase – a database with particular focus on founders, funding and related news
  • Legalcomplex and Legalpioneer – the most elaborate LegalTech funding research-oriented database by Raymond Blijd
  • Comparador Legal Tech – directory of LegalTech solutions for legal practitioners and citizens (mostly Spanish LegalTech service providers)

LexRatio developed its own classification based on:
  1. What is the PURPOSE?
  2. Who is the USER?
  3. What is the IMPACT?