39 The resilience of the Israeli economy, driven by the vibrant tech and booming real estate sectors, has shone over this challenging year. The groundbreaking business intelligence tool, Legal-BI tool, which analyzes data in the legal sector, reflects these trends with some insights about the increasing workload for law firms and those involved. 2021 has given the Israeli economy a huge and unexpected boost, leading to a knock-on effect in the legal sector. Thehigh-techsectorcontinuedtoshowimpressivegrowth,especiallyamong start-ups; there was a quake in the capital markets with unprecedented offerings breaking new records; and there was a jump in demand for real estate properties. This led to a tidal wave of transactions in a short amount of time, with law firms witnessing a massive increase in workload. As we roll on to 2022, we look back at 2021, with the help of Legal-BI, the first of its kind groundbreaking business intelligence platform to summarize the year. With a database consisting of 4,000 Israeli companies, spanning nearly 8,000 matters and 152 ranked Israeli law firms, we can see the major legal trends and key players. While this is far from being a definitive list (not all data is public and not all the law firms publish their clients and matters), it is comprehensive enough to give us a good indication of the market activity. In addition, the information listed below, pertaining to law firms, should not be seen as absolute or as a ranking, but as a list of nearly equal active firms per sector. 2021 Summary - The Numbers Behind the Legal Sector
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