It is tough to debate that the legal profession, as a whole, is behind the times.
Why?
Well...simply put, because we haven't been forced to change.
However, those days of complacency appear to be over.
Clients are demanding more transparency and fairness in pricing.
Lawyers are demanding modern tools to do their job more effectively.
And it seems that every other day you are hearing about some legal tech startup raising a big round of funding.
But what exactly can we expect from the technological revolution that it is upon us?
While there is no question there are advantages to be gained, there are also perils to be avoided.
Thankfully, the future of legal tech was the topic of conversation of one of our panels at our recent Goodlawyer Summit.
Our conversation covered many points including:
How the legal profession can maintain its humanity while still embracing technological improvements.
How lawyers and law firms can harness learnings from other traditional industries that have gone through a similar technological revolutions (ex: fintech and healthtech)
And where the biggest hurdles lie in adopting new technology in our practices.
If you want to catch the full experience, make sure to watch the panel on our YouTube page:
As always, thanks for tuning in!
