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
Every agent knows the real estate industry is competitive. Employing creative lead generation techniques is critical for real estate professionals wanting to keep their heads above the crowd. In this post, we’ll look into a few motivational lead generation techniques for real estate, and explore how they work to reel more clients in.
Topics: Real estate technology
Have you ever taken the time to decipher the legalese of a contract? How about a dozen? Every day lawyers are left trying to complete contracts without a standardised process, which raises the importance of efficient legal contract management.
Topics: Legal project management
Managing an in-house legal team is seldom easy. Yet there are a number of things you can do to keep your team productive without cracking the metaphorical whip. Here are ten of the most innovative and effective tips for managing your in-house legal team and boosting its productivity.
Topics: Team management
Lawyers have traditionally been reluctant to adopt new and innovative technology. However, the latter is rapidly changing. This is now driven by the growing ecosystem of legal technology (lawtech) vendors seeking to disrupt and reinvent the industry.