Are we heading into a recession or not? Based on the predictions Legaltech News received for the economy in 2023, it all depends on who you ask.
Whether or not the economy goes south, there’s no question that many in law have been taking stock and preparing accordingly. Among the most popular precautions we saw in legal tech in recent months have been streamlining tech stacks, prioritizing integrations and redefining what it means to be innovative.
In the coming year, we should expect more of the same, even if not everyone believes the recession will come to pass.
The following is a collection of predictions from experts in the legal industry on what to expect from the economy and legal tech in 2023.
This article is part of an 11-part series of 2023 predictions from Legaltech News. All of our predictions roundups, in addition to our collections of legal tech milestones from 2022, can be found here. The quotes below are in alphabetical order by name, and some have been edited for length and clarity.