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Legal tech budgets to double by 2028, driven by AI investment

Legal technology budgets are projected to double by 2028, largely driven by AI investments, according to a Gartner prediction. However, a key challenge for legal professionals will be discerning between consumable AI tools and compounding investments that build institutional knowledge over time. Experts advise prioritizing AI applications that integrate with existing context infrastructure and treating governance as a fundamental architectural component rather than a mere configuration setting to avoid common investment pitfalls. AI

IMPACT Legal professionals must strategically invest in AI tools that build institutional knowledge to maximize budget growth.

RANK_REASON The item is an opinion piece discussing future trends and investment strategies in legal tech, rather than a direct announcement or release.

Read on Forbes — Innovation →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Legal tech budgets to double by 2028, driven by AI investment

How we ranked this

Signal score
0 / 100
Composite score across the factors below. Higher = stronger signal that this story matters right now.
Newsworthiness bucket
Commentary
The item is an opinion piece discussing future trends and investment strategies in legal tech, rather than a direct announcement or release.
Source corroboration
Single-source cluster
Only one publisher covered this so far. Single-source stories can still rank when the publisher is high-authority, but they lack cross-source corroboration.
Topics
product, infra, policy
Editorial topic classification. Feeds into how the story surfaces on /topic/<slug> hub pages and into the per-entity coverage mix.
AI-industry relevance
Standard
On-topic for AI-industry coverage; kept in the public index.
Story freshness
52 days old
Aged out of breaking-news scoring windows; ranking reflects the durable signal from the full source set.

Full methodology in our editorial standards.

COVERAGE [1]

  1. Forbes — Innovation TIER_1 English(EN) · Dan Hauck, Forbes Councils Member ·

    The Legal Tech Budget Is About To Double—Here's How To Approach It

    The legal technology market is full of impressive tools, but what will those tools be working with when you deploy them?