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25 October 2018 / Sophie Gould
Issue: 7814 / Categories: Features , Profession , Technology
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Legal technology: looking past the hype

​A changing role in changing times? Sophie Gould reports on how in-house lawyers are adopting & adapting advances in legal technology

  • In-house teams need to have a clear understanding of the legal technology used by their law firms and how this benefits them.
  • Legal technology offers huge opportunities, but they will only be realised by taking a transparent and collaborative approach.
  • LexisNexis has identified five key principles for in-house legal teams.

The search for the ‘holy grail of legal tech’ offers the promise of profound change and regardless of the accuracy of industry predictions, we know that the debate has fueled greater scrutiny of the way in which legal services are provided. Indeed, when we talk to our customers, they tell us that the market for legal services has never been more competitive and consequently corporate lawyers are facing a challenging set of demands.

  • First, there is a stronger need and expectation for alignment of legal teams with organisational strategy. Organisations see their in-house counsel less as a supporting business service
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MOVERS & SHAKERS

Stone King—Laura McHugh

Stone King—Laura McHugh

Stone King strengthens Manchester presence with new partner hire

mfg Solicitors—four appointments

mfg Solicitors—four appointments

Sustained growth leads to rapid expansion of law firm’s corporate team

Bermans—James Thornton

Bermans—James Thornton

Bermans bolsters litigation team with senior hire

NEWS
Executors may be overlooking billions of pounds in estate assets hidden in forgotten investments and misplaced share certificates
Britain’s booming non-surgical cosmetics market is operating in what some critics describe as a regulatory ‘Wild West’
Family contact disputes are becoming an increasingly prominent feature of Court of Protection litigation
Material obtained through US discovery applications may have a much longer legal life than many litigants realise
English courts are developing a distinctly practical approach to sanctions disputes arising from Russia’s invasion of Ukraine
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