A major financial exchange is reportedly considering restructuring its legal technology division into a standalone entity ahead of potential declines in market valuations. Industry insiders suggest the move could help preserve value amid broader concerns over asset bubbles in the sector. The decision follows growing scrutiny over inflated appraisals in legal tech startups, raising questions about sustainability. Analysts warn that consolidation or spin-offs may become more common as investors reassess high-growth bets in the space.
Exchange discussed putting legal tech unit into separate entity before valuations fall