LTH Insights for Law Firms/LEGALTECH HUB REPORTS FIRST CONTRACTION IN GENERATIVE AI LEGAL MARKET SINCE 2023

Legaltech Hub Reports First Contraction in Generative AI Legal Market Since 2023

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For the first time, in Mach 2026, we’ve seen a decline in the number of solutions in our GenAI in legal tech map. Prompted perhaps by Anthropic’s legal plug-in release and SAASpocalypse, more legal tech startups have ceased operation than entered the market, resulting in a decrease in numbers of over 25% in our latest market map.

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