In the era of digitalization, you can witness how advanced technology is transforming the way businesses operate. Even those that refuse to accept the changes will be forced to support the innovation in order to stay competitive. Major professions are embracing automation as it brings them more free time as well as higher ROI.
When it comes to the legal professional, working remotely has not always been his best suit. But with the unfortunate crisis of Covid-19, even law firms, notaries, real estate agents and legal service providers are being forced to operate remotely.
Technology and software is a wise choice here, but how can you do it without being overwhelmed by all those remote-friendly tools you are using?
We are all aware of the ongoing pandemic of the coronavirus, and our sympathy goes to all those who got affected.
With the rapid escalation of this situation, we find ourselves in need of equally rapid action to get us to be prepared.
The rise of Alternative Legal Service Providers, better known as ALSP, has been significantly high in the past several years and that can be either an opportunity for you or a threat. Together with Natalia Martos, CEO & founder of Legal Army, we have ALSPs thoroughly explained for you.
The innovation in technology has definitely changed the way tasks are performed within many different industries. Technologies like artificial intelligence, document automation or blockchain, have heavily disrupted how daily regular tasks are performed within companies and organizations.
In my latest talk at the annual conference at the ELTA (European Legal Tech Association) that took place in Madrid last 20, 21 & 22 of November 2019, I talked about how technology can help us as lawyers to expand our profession and to enhance our creativity. Us lawyers are inevitably bound to perform repetitive tasks that consume our time and drains our energy, and for that, Bigle Legal was born to take over those repetitive tasks and give us more space to focus on what is more important.
In fact, investment in LegalTech skyrocketed to $1 billion in 2018 - and much of this funding was injected into AI and machine learning platforms.
Every legal team knows embracing innovation can be a game-changer. But to what end? How can legal technology tools actually help you save time, provide better service, and make an impact on their bottom-line?
Well, sit back and relax - that’s exactly what this article will explore. We’ve curated a handful of case studies to demonstrate how global companies and firms have used legal innovation to propel themselves forward!
This year, creativity was named the most important skill in the world by Linkedin Learning. But as the learning platform argues, the ability to work creatively doesn’t mean everyone needs to know how to draw, design or write.
“Yes, an artist could be creative,” reads the article. “But so could a software engineer, a mathematician, a salesperson or a CEO.”
That’s because simply put: creativity means knowing how to solve a problem in a novel way.
At the core of all law practice is the basic premise of trading legal expertise in return for a fee. In the words of the UK Law Society, lawyers “represent a 'gold' standard in the provision of legal services, and members of the profession should strive to continuously improve the service they provide to their clients, rather than being content to provide a merely competent service.”
In the context of knowledge management for senior lawyers, junior lawyers, and paralegals, it is essential they update their legal skills throughout their careers to ensure that the advice they provide is legally accurate and reflects best practice.
Topics: Professional development