When Brightflag closed its last funding round in 2020, chief executive Ian Nolan said the company was ready for a new reality. That reality was one typified by artificial intelligence and the Covid-19 pandemic upending the legal profession. Five years later, the company is entering another new reality, announcing that it is being acquired by Dutch IT firm Wolters Kluwer for €425 million. The weighty price tag on the exit, in an all-cash deal, will see a healthy return for the company’s backers, which include Irish VCs Frontline Ventures and Tribal VC along with London’s One Peak Partners and US…