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The rapid evolution of technology has sparked a transformation in the legal industry. To remain competitive, today’s lawyers must adopt legalsoftware to manage the growing complexity of legal matters, meet client demands. What is the legal tech industry? percent from 2023 to 2030.
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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