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Rather than a collection of disparate tools, a legal tech platform consolidates, manages, and automates various legal processes in a single location, increasing efficiency and making time for higher-value work. What is Legal Tech? With no signs of slowing down, the global legaltechnology market size was valued at $23.45
To remain competitive, today’s lawyers must adopt legal software to manage the growing complexity of legal matters, meet client demands. Because the need for tools that automate repetitive tasks and workflows continues to rise, the future of legaltechnology remains bright. What is the legal tech industry?
The product found an early champion in the form of a corporate legal department interested in licensing it. Today, LegalMation serves large corporate legal departments, law firms, and insurance companies. Suh and Block discuss common roadblocks to adopting new legaltechnology like lack of trust and skepticism.
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