Fed Rate Hikes Won’t Slow Legal Tech Investments, but Could Impact Valuations

Even though the Federal Reserve appears poised to raise interest rates this year, legal tech investors and industry watchers said demand is too hot to cool off private equity investment flowing into legal tech companies .

Of course, legal tech providers and others should expect rate hikes as the Federal Reserve tries to curb inflation. During his Senate reconfirmation hearing on Jan. 11, Federal Reserve Chair Jerome Powell stated: “If we see inflation persisting at high levels longer than expected, if we compare interest rates over time have to increase further, then we will do it.” according to reports.

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