Technology's new and critical role in a post-COVID world
Collaboration is Key in The Future of The Legal Arena
AI's Slow Growth in Law Firms
Service Sourcing: The Deconstruction of Legal Technology Service...
Supporting Business with the Right Technology
Andy Jurczyk, CIO, Seyfarth Shaw
Managing a Reluctant User Base
Vic Peterson, CIO, Stinson Leonard Street LLP
Career and Leadership Lessons
Laurence A. Liss, CIO, Emeritus
Legal & Technology: How In-House Lawyers are Embracing Technology
Kezia Pembayun, Country General Counsel, Pt L’oreal Indonesia
Thank you for Subscribing to CIO Applications Weekly Brief
Three Benefits of Technology in the Legal Industry
Adopting technology into the legal field reduces the danger of errors caused by the overlooking or misinterpretation of any information or number, resulting in a significant change in the decision.
Fremont, CA: Legal technology or Legal tech is a term that describes technologies and software that have a significant impact on how we use legal services in our everyday lives. In a larger sense, it refers to a set of technologies that make it easier for attorneys and legal professionals to practice law and allow customers to obtain legal competence or justice. Let us look at three benefits of using technology in the legal industry:
Ease of research
Although legal professionals have got accustomed to using the Internet and other such tools for their research, they continue to rely on print publications. They print everything, even the new rules, and regulations, and use it as a reference while working on each case. This increases the amount of time required for the study.
In this scenario, legal research tools allow lawyers to stay updated on any regulatory changes even while they are not at their desks. Furthermore, these platforms offer a wide range of tools and features, such as ‘search,’ that is not available with print items.
A decline in risk of errors
Another advantage of adopting technology into the legal field is that it reduces the danger of errors caused by the overlooking or misinterpretation of any information or number, which could result in a significant change in the decision.
Here, technological solutions make it easier to obtain all of the information. It also offers the ability to employ the sheer power of analytics in the processing, allowing legal practitioners to examine any fact/evidence from several perspectives and apply it more effectively.
Historically, all in-house legal responsibilities have been done by hand. While lawyers spend a lot of time talking with non-lawyers and other business professionals, they also have to spend time on the responsibilities that go along with it.
These tasks are taken over by legal software, which does them automatically. This not only speeds up procedures but also provides attorneys more time to focus on other important activities.