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.
Hard paper and physical documents are becoming increasingly obsolete in almost all the workspaces that depend on them. Including law firms and legal departments that operate heavily on generating documents and contracts. What is happening is that all these professionals are shifting towards digital documents and digital contracts that are bringing more convenience and accessibility.
Technology is undoubtedly revolutionizing and transforming different sectors and industries, And of course, one of the sectors that do not escape this transformation is the legal sector.
It has become absolutely necessary that all legal professionals are prepared to face these new digital transformation technologies while being able to take full advantage of the benefits of these digital tools.
According to many business forecasters and market statistics, Legal tech has been receiving a massive amount of investment worldwide. This makes us wonder what does it really mean for the Legal professional and how is that money being spent?
We are happy to finally announce that our Bigle Legal software now comes with a built-in word processor. In this article, we are going to explain to you what that actually means to the end-user and how it can ultimately benefit everyone who works with documents.
The move from traditional filing systems to cloud-based document management software has been not just the trend but the standard for most law firms. This has rendered firms who still keep a substantial amount of paper files obsolete in their practices. But in 2020 there have been additional challenges due to recent global office closures and new social distancing rules.
You can witness that advanced tech solutions are becoming an essential parts of almost every contemporary industry. Traditional ones are recognizing the benefits of the software tech assistants while the new industries are built on them.
Going to the local jurisdictions and wasting your precious time on the administrative processes for compliance regulations is a matter of the past!
Legal tech is becoming increasingly popular among big players in the legal sector and among the influencers and leaders of this sector. We can agree that there are many advancements in it and that it is bringing the sector to adapt to modern changes. However, in this article, we will walk you through the return of investment in different types of those legal techs and how beneficial they can be for your practice both in the short and long term.
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.