Q: Is Legal Tech a Fad or the Real Thing?
Chris: “I think it’s absolutely the real thing, especially given how the industry has evolved. Lawyers have traditionally relied on very manual processes, but technology—especially AI and generative AI—is set to change that completely. Legal tech tools are becoming essential for day-to-day operations, transforming how lawyers run their business. This isn’t a temporary trend; it’s a long-term shift. These products are here to stay, and they’re fundamentally changing how legal teams work. There’s a lot of hope for what’s to come.”
Q: What Does It Take to Repeat LinkSquares’ Success with Newcomers in Legal Tech
Chris: “At LinkSquares, we’ve seen our customers save over 10,000 hours annually on contract review projects alone, and they’re cutting outside counsel costs by millions. Tools like LinkSquares provide all-encompassing automation that helps legal teams identify key terms, risks, and dates, transforming routine work into something truly efficient. Having access to this information at the executive level, like during a board meeting, can shine a spotlight on the legal team’s impact—almost like they’re performing magic. The legal tech industry is helping legal professionals work smarter and showcase their value in ways that were unimaginable before.”
Q: What Does It Take to Be a Winner in Legal Tech?
Chris: “Winners in this space are going to be those offering products that cater to the broad range of tasks that legal teams tackle daily. General counsels handle everything from contracts and agreements to employment law and more, so solutions need to go beyond a single vertical. Another crucial factor is having multidisciplinary teams who understand both legal and tech aspects—especially in an era driven by AI. Success in such a fast-paced market requires a blend of expertise in law, technology, and software. The companies that can master this balance will lead the way.”