Tech revolution on the horizon

Fintech, legaltech and regtech will revolutionise the way lawyers educate, train and use legal experience, Sir Geoffrey Vos, Chancellor of the High Court, has said. Delivering the Law Society’s inaugural lecture on the future of law, Sir Geoffrey said smart contracts, digital ledger technology, artificial intelligence and other innovations are transforming financial services. One problem, however, is that machines do not take into account human frailties such as unreasonableness, he said, and in his experience ‘some of the most unreasonable humans can be involved in litigation’.