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Overcoming the fear factor in legaltech

14 March 2019 / Ben Stoneham
Issue: 7832 / Categories: Features , Profession , Technology , Legal services
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Ben Stoneham offers some joined-up thinking on delivering the next generation of digital legal operations

  • Savvy practices who think carefully about which solutions are scalable now will likely find themselves transforming their businesses and services with practical efficiencies.

In an industry as well established and rooted in tradition as the law, it’s fair to say that few innovations have caused quite so many ripples as legal automation. Following a 2017 prediction that some 67,000 legal jobs could be lost within a generation, significant concerns arose around the growing impact of automation on the legal profession. Two years on from this future gazing however, the industry isn’t over-run by robots as many feared it might be and, in fact, the advantages of automation are starting to become clearer.

The Law Society’s most recent Lawtech Adoption Research report acknowledges the current state of play in the sector —momentum is building, but slowly. The numbers of potential lawtech solutions in the market—from legal documents-as-a-service through to ebilling and practice management solutions— demonstrate

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NEWS
One in five in-house lawyers suffer ‘high’ or ‘severe’ work-related stress, according to a report by global legal body, the Association of Corporate Counsel (ACC)
The Legal Ombudsman’s (LeO’s) plea for a budget increase has been rejected by the Law Society and accepted only ‘with reluctance’ by conveyancers
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