What is Legal Tech?

Legal tech refers to technologies and software that change the way we use legal services in our daily lives. In broader terms, it represents the set of technologies that

• Eases the practice of law for attorneys and legal professionals, and
• Enables customers to access legal competence or justice.

With that defined, let’s take a closer look at the set of advantages of technology in the law industry.

Role of Technology in the Legal Sector

Technology has been playing a vital role in the legal industry. It has increased the efficiency and productivity of legal offices and clerical workers. With legal tech, there is greater transparency between legal firms and clients. Clients know how much fees they have to pay and can keep track of the day-to-day progress of the lawyer on their case. Also, there is no doubt that technology, if used correctly, is more than any human individual. This can prove to be of great assistance to any law firm.

Here are a few pointers that show how technology is revolutionizing the legal sector:

Ease of research

Though legal professionals have become accustomed to the Internet, they still cling to print products. They take a printout of everything and refer to them while working on each case. This adds to the time required for research work.

Legal research solutions, help lawyers remain updated with every change in the regulations. And, these platforms provide a vast range of tools and functionalities like ‘search’.

Better resource management

Junior attorneys used to be recruited to perform odd jobs like gathering, managing, and processing titles or informing lawyers about their daily schedules. This not only makes them disinterested but also isn’t a good use of their time. Something that legal tech solutions help with.

Legal title management and calendaring apps perform all these tasks along with giving you quick insights. This allows senior attorneys to use resources in a better and more effective way. Consequently, this results in better outcomes.

The decline in risk of errors

Another importance of technology in the law sector is that it cuts down the risk of errors. Meaning overlooking or misinterpretation facts and figures is a thing of the past.

Here, the technological solutions ease access to all the details. Also, access to analytics in the process, makes it easier for legal practitioners to look at evidence from different angles.

Increased transparency

Even today, many lawyers showcase their clients’ issues in a complicated way to earn more profits. They do not disclose that the problem they are facing is as simple as using a DSLR. Besides, the law practices are also confined to offline sources. This makes clients doubt every lawyer they connect with.

However, this situation can be improved with the help of legal practice management solutions and other such offers. These tech solutions can create a marketplace where clients can look through the profiles of legal professionals. They can chat with different attorneys and get acquainted with basic law requirements. This can further help them partner with the right professionals for them. In addition to trustability and transparency in the process.

Introduction of new legal products/services

Legal tech can bridge the gap between lawyers and others. This gives lawyers a clear understanding of what issues clients are facing on a day-to-day basis.

Higher convenience

Legal-based mobile apps add convenience to the processes in the law industry. On one side, these tech solutions help common users connect with the top law professionals. While, on the other side, this software can provide lawyers with an opportunity to

• maintain communication with other attorneys and clients
• update them in real-time
• perform research work efficiently
• and more.

This, as a result, makes the complete legal ecosystem highly convenient for all.

Enhanced customer experience

Gone are the days when offering the finest legal services were required to gain the limelight in the industry. Today, it has become equally important to keep your clients satisfied and happy.

In this case, AI can enhance your customer experience strategy. It can gather heaps of consumer data in real-time and help you to know your clients better. It can also send personalized emails and other messages to keep them engaged all the time.

More collaboration among lawyers

One of the advantages of technology in law is that lawyers can now work together on important matters with productive tools like Slack, Google Docs, Microsoft Teams, etc… They no longer have to sit next to each other in order to draft a petition or discuss the important aspects of a case. Legal tech is enabling a culture of remote law firms. Lawyers and law firms can now serve more clients irrespective of geographical location.

Faster processing of information:

The use of technology in the legal profession, if used correctly, is fast and efficient. This can prove to be of great assistance to any law firm. Using technology, a high level of analysis can be done in a matter of minutes. Complex calculations and error solving can be now done in a few seconds. And, legal technology can help in managing a high turnover of cases.