Key facts
- Portobello Capital is delaying the sale of its legal-tech firm Legálitas.
- Concerns about artificial intelligence disrupting the legal-tech sector are causing the delay.
- Prospective investors have voiced these concerns.
Private equity firm Portobello Capital has decided to delay the sale of its Spanish legal-tech company, Legálitas. The decision comes as potential investors have raised concerns about the potential disruption that artificial intelligence could bring to the legal technology industry. These concerns have led to a pause in the sale process as the market assesses the impact of AI on legal services.