As a legal professional, you can agree that reading good books is the best way to stay stay educated about the industry and to be on top of the inevitable changes that happen. As well as keeping abreast on issues emerging in the near and the far future.
We can all agree that Artificial intelligence, better known as AI, is one of the most trending topics in 2020. However, due to the complexity of AI and its vastly broad horizon, the technology can be hard to understand. And this false perception of AI has made individuals become skeptical and made those who don’t understand it fearful.
Not only that, but the idea that sci-fi movies have portrayed about AI over the years has majorly confused many of us.
It's funny how things change. Last January I was in Vienna for the Legal Tech Hub talking with the CEO of another startup on how they managed to bring their cloud based solution down to an On-premises installation. I was very interested because we were getting all these requests to do the same with our product.
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.
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!
The legal industry isn’t what it used to be - and yes, that’s a good thing! The market has been revolutionized by the advent of legal technology and innovative tools. These new products have empowered law professionals to increase efficiency, save money, and work faster all around - whether they’re deep in e-discovery, conducting legal research, or managing contracts, etc.
But how is legal technology being received by firms and companies around the world? And how big of a splash is the industry really making?