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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

FOIL—Bridget Tatham

FOIL—Bridget Tatham

Forum of Insurance Lawyers elects president for 2026

Gibson Dunn—Robbie Sinclair

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Real estate dispute resolution team welcomes newly qualified solicitor

NEWS
Solicitors are installing panic buttons and thumb print scanners due to ‘systemic and rising’ intimidation including death and arson threats from clients
Ministers’ decision to scrap plans for their Labour manifesto pledge of day one protection from unfair dismissal was entirely predictable, employment lawyers have said
Cryptocurrency is reshaping financial remedy cases, warns Robert Webster of Maguire Family Law in NLJ this week. Digital assets—concealable, volatile and hard to trace—are fuelling suspicions of hidden wealth, yet Form E still lacks a section for crypto-disclosure
NLJ columnist Stephen Gold surveys a flurry of procedural reforms in his latest 'Civil way' column
Paper cyber-incident plans are useless once ransomware strikes, argues Jack Morris of Epiq in NLJ this week
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