Earlier this month, legal technology platform Reynen Court announced the launch of an online equity offering in hopes of expanding its circle of investors by encouraging funding from lawyers and law enforcement enthusiasts. legal technology.

These types of offerings are rare in the legal tech market — and it’s probably too early to tell if other companies might follow suit. But as legal tech companies seek to cement their relationships with the legal marketplace and hedge against the threat of recession, the example of Reynen Court could offer companies another avenue to secure funding outside of fundraisers. traditional funds and IPOs.