Legal tech has exploded from a niche industry into a global market worth billions. In this episode, Electra sits down with Timo of Cosmonauts to trace that journey—from the early days of e-discovery and CLM to today’s AI-powered tools that are reshaping how legal services are delivered. They explore why so many CLM projects failed, what’s driving the rise of point solutions, and how generative AI is lowering barriers for SMEs and consumers alike. Timo also shares predictions on consolidation, new business models, and why the biggest opportunities in legal tech may lie outside of law firms altogether.

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