Law firms and attorneys across the globe use software and technology to give legal services to their clients. In this presentation, I am highlighting the top 5 digital transformation technologies which help attorneys to save their time in legal research, document review and other legal tasks.
2. Law firms and lawyers across the
world use software and technology
to provide legal services..
The technology applications help law
firms in practice management,
storage of document, accounting,
billing, legal research, and
e-discovery.
3. FORBES
TECHCRUNCH
said in December 2014 - "Legal
technology is booming, with companies
attempting to disrupt the legal space at
every level and from every angle."
said in February 2015 - “Hundreds of
legal startups are popping up all
over the US and Europe.”
5. Machine Learning
Legal research is a time-consuming task
as compared to others. But with
machine learning technology, lawyers
can find case-relevant information in a
short time.
6. Robot Lawyers
It is a type of legal application that can
perform tasks, which are
typically done by paralegals at law firms.
7. Mobility
Nowadays, 90% of lawyers use
smartphones.
They can attend conferences at any
location via video calls and save
travel time.
They can also track billable hours
easily.
8. Innovation
The survey depicts that 84% of law firms
are expected to work with artificial
intelligence, and 49% of law firms
revealed that their firms have already
started working with artificial
intelligence.
9. Cloud Adoption Traditionally, law firms save all the data
on the organization’s servers.
However, with cloud technology,
they can store client data, financial
records, legal documents,
and other information on
the Internet and can access that data
anywhere, anytime.
10. According to the last year survey, 77% of firms constituting of
700 or more attorneys already adopted this technology in 2018
and it has proved to be a beneficial factor for the overall growth
of law firms.
12. Cybersecurity Threat
Data breaches in law firms are enforcing
clients to think about data security.
Law firms hold a large amount of sensitive
business and client data. The prime concern
of law firms is to protect this data from
cyber attacks.
That’s the reason law firms hire a chief
information security officer to maintain an
enterprise security program.
13. Implementation of Innovative Ideas as a
Strategic Theme
Law firms aim to add ‘innovation’ as a major element in their
business strategy.
They are hiring specialized people who are aware of and have
knowledge about technology.
People who are certified in the latest technology such as AI,
machine learning, robotics, etc. are skillful enough and make
innovative strategies for law firms.
14. Legal
Technology
Continually
Grows and
Drives Change
According to Standard Law School’s LegalTech
Index, nearly 750 companies across the globe in
2017 developed and sold technology for the legal
market and created a tough competition in the
legal tech sector.
Everything is changing rapidly today. A lawyer’s
thoughts, analysis, solitude, and creativity are the
subject of his engrossing digital life.
Now, law firms have a legal technology
development team in-house that combines legal
project management, data analytics, and IT skills.
15. The Benefits of
Legal
Technology
Legal technology saves time and increases
revenue.
Customer satisfaction is the priority of lawyers,
and legal technology can make this task easier.
Technology provides a
enabling lawyers to find relevant information in
less time.
Nowadays, electronic court filing is mandatory.
Legal technology allows lawyers and law firms to
file documents in an effortless manner.
legal research platform
16. Legal Support World is one of the best
companies that provide world-class back-office solutions to law firms
and attorneys concerning their legal task requirements.
We use and work with top legal software such as Clio, LexisNexis, Elite
Prolaw, Leap to deliver better and fast results.
If you want to stay ahead in 2019, then get in touch with us. Our team
at is here to assist you!
About Legal Support World
legal process outsourcing
Legal Support World
17. 112648, Agave Bay Street, Victorville, CA 92392
ADDRESS
+1 646 688 2821
PHONE
info@legalsupportworld.com
EMAIL
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