Sector benchmarks
Median price over revenue and price per employee in legal tech acquisitions, for each vertical and each type of buyer, with the number of deals behind every figure.
284 acquisitions in legal tech by 131 buyers, announced from Jul 2015 to Oct 2026. 24 of them state a price. Across all of them the median price over revenue is 5.4x from 5 deals and the median price per employee is $1.2M from 4 deals. Only deals that state the figures count toward a median, so each one says how many deals it rests on.
By vertical
- AI-Native Law Firms: 1 deal. Median price over revenue: no deal states one yet. Median price per employee: no deal states one yet.
- Legal AI Platforms: 12 deals. Median price over revenue: no deal states one yet. Median price per employee: $6.3M from 1 deal.
- Contracts & Transactions: 47 deals. Median price over revenue: no deal states one yet. Median price per employee: $1.8M from 1 deal.
- Litigation & eDiscovery: 36 deals. Median price over revenue: 2.2x from 1 deal. Median price per employee: no deal states one yet.
- Legal Research & Knowledge: 19 deals. Median price over revenue: 1.1x from 1 deal. Median price per employee: $474K from 2 deals.
- Practice Management: 80 deals. Median price over revenue: 5.4x from 2 deals. Median price per employee: no deal states one yet.
- Compliance & Regulatory: 18 deals. Median price over revenue: no deal states one yet. Median price per employee: no deal states one yet.
- IP & Patents: 26 deals. Median price over revenue: 12x from 1 deal. Median price per employee: no deal states one yet.
- Consumer & Access to Justice: 12 deals. Median price over revenue: no deal states one yet. Median price per employee: no deal states one yet.
- Legal Services & ALSPs: 18 deals. Median price over revenue: no deal states one yet. Median price per employee: no deal states one yet.
- Law Firm Innovation: 8 deals. Median price over revenue: no deal states one yet. Median price per employee: no deal states one yet.
By type of buyer
- Legal tech companies: 167 deals. Median price over revenue: 5.4x from 1 deal. Median price per employee: no deal states one yet.
- Legal publishers and information companies: 35 deals. Median price over revenue: 6.6x from 2 deals. Median price per employee: $1.2M from 4 deals.
- Private equity and holding companies: 27 deals. Median price over revenue: no deal states one yet. Median price per employee: no deal states one yet.
- Software and technology companies: 29 deals. Median price over revenue: 3.8x from 2 deals. Median price per employee: no deal states one yet.
- Law firms and legal services providers: 14 deals. Median price over revenue: no deal states one yet. Median price per employee: no deal states one yet.
- Consulting and accounting firms: 3 deals. Median price over revenue: no deal states one yet. Median price per employee: no deal states one yet.
- Other: 9 deals. Median price over revenue: no deal states one yet. Median price per employee: no deal states one yet.
What the figures are
Price over revenue is the price paid divided by the target's revenue. Price per employee is the price divided by its headcount at the deal. A figure appears only where a public source states the price and the revenue or headcount. Each deal's sources are on its buyer's page.
Most active buyers
- Litera (13)
- Clio (8)
- Onit (8)
- Anaqua (7)
- Wolters Kluwer (7)
- Dye & Durham (6)
- Elevate (6)
- LexisNexis (6)
- Thomson Reuters (6)
- Tyler Technologies (6)
- Aderant (5)
- Clarivate (5)
- Consilio (5)
- Karnov Group (5)
- Legora (5)
The Legal Tech Map is published by Eilla AI. Map criteria · What's new · Summary for AI tools
Also by Eilla AI: AI-Native Services Map · AI Deployment Firms