Tech Legal Outlook 2025 Mid-Year Update

Growth in global tech M&A and investment in 2024 continued into the first half of 2025, with AI funding reaching record levels in H1 2025.  While increased political and macroeconomic uncertainties are disrupting the market, the tech sector continues to show signs of resilience with significant investment in AI, digital infrastructure, and sustainable solutions to AI’s growing energy demands.

Continuing advances in digital technologies and the value organisations are driving from them, are sustaining the momentum for digital change across sectors. Government responses to political and macroeconomic uncertainties in the form of pro-growth policies and de-regulation could drive further innovation and growth, particularly in AI and digital assets.

Yet seismic and unpredictable changes to U.S. trade policy are increasing global tensions and intensifying the tech rivalry between the U.S. and China, bringing increasing barriers to trade and changes to supply chains and investment flows. Continuing market volatility and economic uncertainty is causing some dealmakers to pause, while others seek to take advantage of opportunities or to pivot to other sectors and regions.

To leverage tech opportunities, businesses must navigate a more unpredictable and fragmented political, economic and legal landscape. In this publication we highlight some of the key trends in the U.S., Europe and Asia that we believe will shape the legal outlook for the tech sector for the second half of 2025 and beyond.