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What Are Some Tech Trends Facing the Legal Profession
9
Apr

What Are Some Tech Trends Facing the Legal Profession

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The legal industry might not have been the quickest off the bat when it comes to embracing new technology. However, over the last couple of years, law firms have started to take note of tech trends and started to implement new and exciting tools to streamline and make tasks easier.

Of all the new tech trends in the industry, here are some of the most useful to those working in law:

Legal Research and Document Review

Legal research is something that every new lawyer will spend hundreds of hours undertaking, as they learn how to review documents properly. The problem is, particularly for new lawyers, it can be hard to find the right cases that support your argument.

Which is why the advancement of software that sifts through research for you, is becoming so important. With AI-powered software, the efficiency and accuracy of legal research is vastly improved and can be undertaken in a fraction of the time.

This software works by marking documents that are relevant to the case in question and it will then use its algorithms to find other documents that might be useful. Which means that a law firm’s case should have an increased chance of winning a case, as their research is as efficient as it can be.

Voice Typing

For most lawyers, the most tedious task in their workload is typing up reports. Often taking a few hours of a law professional’s day, this could soon become a thing of the past due to voice typing software. These assistants will type up your documents for you and will even correct grammatical errors, making for a more finessed final product.

AI Apps Giving Legal Advice

One of the most exciting tech trends to hit the legal profession are AI apps that can give legal advice. These robots are programmed with a large amount of data, which allows them to understand questions and identify the appropriate response.

This is particularly useful to the legal profession as it allows firms to add a chat robot to their website, where it can answer routine enquires without wasting the time of other lawyers. This allows them to deal with cases that need more attention.

Even better, chatbots can work 24/7 so no matter if a query is asked at 1pm or 1am, these bots will deal with the inquiry the same.

Legal Outcome Prediction

The most common question that any lawyer will hear is: “how likely are we to win?”. Which can be a difficult question depending on the complexity of the case. Now, thanks to prediction software, lawyers can give their clients a more accurate response, as this software will search through thousands of trials to give a more informed prediction.

Online Law Education

For most law students, they believe that the university education they receive is enough to prepare them for working in a law firm. However, in most cases, students will still need a large amount of training when they start in the legal profession which takes time and money.

To make life easier – for graduates and firms alike – there are now numerous online education tools that aim to teach new skills and knowledge to those looking to work in the legal profession. These tools are even useful to established lawyers who would like to add to their skills, too.

Technology might have been a scary concept for those in the legal profession. However, by adding the right apps and software to a firm, these law firms are saving time, resources and money. Which can only be a good thing for the world of law?

26
Mar

What Are Some Digital Transforming Trends in the Legal Industry

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We all know that technology has improved our lives, this is particularly true when it comes to our jobs. With advancements in technology, certain procedures have been streamlined to make our lives easier. Which is why many industries have embraced technology as they look for ways to save time and money on certain tasks.

For the legal industry, though, there has always been a certain hesitancy to embrace technology for fear of confidential client information being compromised. However, with increased security measures making the technology safer, the law sector is now implementing digital technology to help with workloads and efficiency.

Here are just a few of the biggest digital transforming trends now being used in the legal industry:

Mobility

These days, it’s considered unusual for someone not to have a smartphone. So, it makes sense that lawyers are now embracing mobility and using smartphones as a way to enhance and improve their procedures.

While many law firms were hesitant to embrace tools such as cloud storage in the past – mainly due to concerns over privacy and hacking – it is now considered that using a cloud storage base can actually increase security. Even better the cloud helps improve operational efficiency as lawyers can access documents from anywhere at any time.

This allows lawyers to work from anywhere, including video conferencing using their phones and the ability to access important documents at client meetings or even in court.

Machine Learning

As technology advances, it can be programmed to take over menial and often tedious tasks. This is particularly important in the legal industry, where a new client can come with a large history. This client history can include reports, testimonials, briefings and lots of other information that needs to be sifted through to find relevant points.

To make this process far easier, law firms are now investing in machine learning. Here software programmes are able to sift through large amounts of data and flag possible evidence, recognise anomalies and can even be used to compare decisions. These algorithms can save hours of work and resources in a law firm and can also be more accurate compared to humans.

Robotic Lawyers

Perhaps one of the most intriguing digital transforming trends is the idea of robotic lawyers. That is an app that can act as your lawyer to help fight cases such as parking tickets, disputes with landlords, insurance claims and spam callers, just to name a few.

One of the biggest AI apps in the legal industry is an app called No Not Pay. Originally created to help drivers ascertain whether or not they could dispute a parking ticket, it can now deal with over 1000 legal issues that people may face. This works by asking you a few questions and then educating on the rights you have to fight a claim, such as a parking ticket.

Performance Tracking

For the legal industry, performance is everything. After all, winning cases means more money and increased clients. Which is why law firms are implementing electronic performance trackers to easily see how everyone is performing in the workplace.

These trackers can also help cases to be assigned to the right lawyer, as they identify which lawyers have the most experience and – crucially – win rates in a certain area. Which gives a firm the best chance of winning that case.

These are just a few of the ways technology is helping the legal sector right now. It will be interesting to see how these develop and advance over the next few years as the technology itself improves.