header-logo header-logo

25 October 2018 / Sophie Gould
Issue: 7814 / Categories: Features , Profession , Technology
printer mail-detail

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
If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

DAC Beachcroft—Paul Brehony

DAC Beachcroft—Paul Brehony

Commercial disputes practice expands with partner hire in London

Ward Hadaway—Maria Coster

Ward Hadaway—Maria Coster

Partner appointed to lead family and matrimonial department in Leeds

Slater Heelis—Helen Marsh

Slater Heelis—Helen Marsh

Commercial property team expands in Manchester with partner appointment

NEWS
Financial protections for domestic abuse victims would be strengthened and cohabiting couples be given inheritance and separation rights, under historic government proposals
Doctors and nurses could be sued for mistakes made by the artificial intelligence (AI) equipment they use to treat patients, researchers have warned
The law sector has been chosen as the testing ground for the government’s AI Growth Labs—speeding up development, testing and regulatory compliance so software can be market-ready more quickly
A range of options beyond burial, cremation and burial at sea could become legally available, under Law Commission recommendations
Artificial intelligence (AI) legal assistants will be deployed to cut delays in the Crown Court, ministers have announced
back-to-top-scroll