Not only are we in the digital era, but we’re also in the era that brings awareness to our planet. Reducing emissions and the use of fossil fuels, we are learning more and more about ways to reduce our carbon footprint. Let alone how the COVID19 pandemic has helped this reduction.
The law of supply and demand is reshaping the global labor market again. There is an incredible rise in remote work practices and that is transforming the way companies operate and build their cultures.
Hoy en día, los sistemas de inteligencia artificial están ganando cada vez más importancia para las tecnologías jurídicas o legal tech. Al mismo tiempo, las inversiones en tecnología al servicio del derecho se están disparando y eso se debe principalmente a que la demanda de nuevas herramientas innovadoras que mejoren los procesos legales es mayor que nunca.
Artificial Intelligence systems are becoming significantly important to Legal technologies nowadays. We can all see how AI has already found a way to support advocates and clients positively and efficiently. At the same time, the investments in the legal tech are skyrocketing and that is mainly because the demand for new innovative tools that enhance the legal process is higher than ever.
Read about how Primer Grupo, one of the leading real estate providers in the region, achieved extraordinary results using the Bigle Legal document automation software.
In recent years, legal project management has become one of the most important skills for in-house legal teams to acquire. As law teams have increasingly been stepping up as operations managers, developing the right processes has become a central concern within many organizations.
In-house lawyers occupy a hybrid position where the traditional concerns of a lawyer merge with additional business challenges like working in a team and managing other employees. The project life cycle thus has a range of unique obstacles that private practices don’t encounter in the same way.
Just as the legal industry is undergoing a rapid digital transformation, so too is the real estate sector, as new technology emerges to improve the way that people promote and develop property around the world.
There are plenty of game-changing proptech solutions out there, altering how customers buy and sell, and giving sector professionals new tools to improve the way they do business. Yet with so much change, it could seem impossible to keep up.
The new world of legal analytics now offers compelling and exciting ways to assist law firms achieve huge operational efficiency and improved outcomes for their clients, often just by making use of existing data sources.
According to research by Gartner in 2018, 70% of law firms state they intend to invest in legal data analytics, but in practice, only 20% are using it to drive efficiency and enable data-driven decisions.
Start-up companies provide enormous economic growth prospects and employment opportunities in all countries across the EU and other parts of the world. According to Start-up Club Europe, a staggering 4.5 million people worked in 830,000 companies across 20 EU start-up hubs in 2017.
For the thousands of existing start-ups, their future success will partially depend on the extent to which they have invested in legal advice throughout their journey.
Topics: Law firm management
On the Bigle Legal blog, we often delve into how innovation is disrupting the legal industry. We’ve spoken about how cutting-edge tools incorporating AI, machine learning and document automation have helped law teams to increase efficiency and better represent their clients.
Today, we’re going to explore another technology that’s revolutionizing the legal sector.
That is: blockchain.