The $2 trillion legal services market presents massive opportunities but not all opportunities are equal. After investing in 75+ legaltech companies, our team has identified four distinct theses that capture where value is being created and where founders can build category-defining companies. Thesis #1: Law Firm as Channel Law firms sit at critical moments in their clients' lives: transactions, disputes, transitions. This makes them powerful distribution channels for adjacen

Five fundamental forces are converging to reshape the legal industry. Together, they're creating the conditions for a new era of legal services. This era is built on technology, efficiency, and outcomes rather than tradition and billable hours. Understanding these forces is essential for founders building in this space and for anyone trying to make sense of where legal services are heading. Force #1: The Redistribution of Legal Spend General Counsel are rewriting the rules of