// Legal Tech

Source: Newcomer

Two well-funded legal AI startups are now locked in direct competition to capture enterprise law firm customers, a market historically fragmented among dozens of narrowly-focused tools. The winner will own the primary interface between lawyers and AI-assisted research, contract review, and document generation, giving them recurring revenue from the most profitable professional services segment and deep insight into how legal work actually gets done. This consolidation mirrors what happened with contract lifecycle management fifteen years ago, when a few platforms absorbed dozens of point solutions. The legal tech market appears mature enough to reward horizontal platforms over vertical features.