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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

mfg Solicitors—Hayley Pearce & Lauren Williams

mfg Solicitors—Hayley Pearce & Lauren Williams

Law firm mfg Solicitors announces promotions at Ludlow office

Womble Bond Dickinson—Richard Sharpe

Womble Bond Dickinson—Richard Sharpe

Womble Bond Dickinson appoints partner in Leeds residential team

Brabners—six promotions

Brabners—six promotions

Brabners adds six to partnership in record year for partner promotions

NEWS
The legal profession's AI challenge extends far beyond fabricated case citations, according to a warning about the next phase of technological risk
Law firms should use the transition period before the Financial Conduct Authority (FCA) assumes anti-money laundering (AML) supervision to strengthen governance and compliance, experts have warned
Cross-border disputes increasingly demand creative approaches to gathering evidence, with litigators needing to look beyond traditional letters of request
A Court of Appeal ruling has clarified the distinction between contracts of 'indefinite' and 'perpetual' duration, with potentially significant implications for commercial drafting
The Court of Appeal was entitled to uphold the government's decision to proscribe Palestine Action as a terrorist organisation, according to an analysis of the ruling
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