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Legal technology: looking past the hype

25 October 2018 / Sophie Gould
Issue: 7814 / Categories: Features , Profession , Technology
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​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

CBI South-East Council—Mike Wilson

CBI South-East Council—Mike Wilson

Blake Morgan managing partner appointed chair of CBI South-East Council

Birketts—Phillippa O’Neill

Birketts—Phillippa O’Neill

Commercial dispute resolution team welcomes partner in Cambridge

Charles Russell Speechlys—Matthew Griffin

Charles Russell Speechlys—Matthew Griffin

Firm strengthens international funds capability with senior hire

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Generative AI isn’t the villain of the courtroom—it’s the misunderstanding of it that’s dangerous, argues Dr Alan Ma of Birmingham City University and the Birmingham Law Society in this week's NLJ
James Naylor of Naylor Solicitors dissects the government’s plan to outlaw upward-only rent review (UORR) clauses in new commercial leases under Schedule 31 of the English Devolution and Community Empowerment Bill, in this week's NLJ. The reform, he explains, marks a seismic shift in landlord-tenant power dynamics: rents will no longer rise inexorably, and tenants gain statutory caps and procedural rights
Writing in NLJ this week, James Harrison and Jenna Coad of Penningtons Manches Cooper chart the Privy Council’s demolition of the long-standing ‘shareholder rule’ in Jardine Strategic v Oasis Investments
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