ISSUE No.23
These changes in the legal tech market have opened doors to the development and adoption of legal technologies that allow legal-service providers to enhance productivity, offer innovative digital products, and improve quality while keeping costs at a low level.
Source: Silicon Canals
Image: Ligo
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A dedicated Centre of Excellence is coming up at IIT, Delhi, to tackle challenges in justice delivery. The centre will use data and tech platforms to ease the burden on law courts, judges, advocates and clients, police officials, jail staff, and other stakeholders in the justice system. It aims to promote access to justice to all citizens and solve persistent problems such as delays and backlog in cases.
Howcourts administer and manage their procedures, including hearings, is inextricably linked to delays and backlogs in the Indian judicial system. For example, currently, courts schedule cases manually, which creates many inefficiencies such as unequal distribution of workloads. It also increases the backlog. In most courts, either the court staff or the judges themselves handle the listing of cases. Some district court judges get allocated as many as 200 matters a day.
Source: The Leaflet
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On a more immediate timescale, the years between 2023 and 2030 will see the end of the partnership model, the 'deskilling of the legal profession as AI takes over' and compensation in the profession dropping 'dramatically'. By 2030 'everyone has a "free" lawyer at their disposal, similar to Siri'.
Source: The Law Society Gazette
Image: iStock
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US legaltech provider Intapp files for potential initial public offering
US cloud-based professional services software firm Intapp is preparing to go public after filing documents with the US Securities and Exchange Commission to sell shares through an initial public offering.
The Palo Alto-based legaltech provider – which counts 96 of the AM Law 100 as users of its client lifecycle software – hasn’t said how many shares it will sell or at what price range. According to the company’s preliminary prospectus, the share issuance will enable it to ‘capitalise on a generational shift to the cloud’, grow its client base, broaden it geographical reach, add new services to its platform and pursue strategic acquisition opportunities.
Source: The Global Legal Post
Image: Shutterstock
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The acquisition will enable Access Legal, part of The Access Group, to accelerate its journey to bring together its legal software on an innovative ‘single sign-on’ platform.
Doug Sawers, managing director at Access Legal, said: “Since officially launching in April, Access Legal has gone from strength-to-strength and the addition of Oosha is a natural and exciting progression for us. Technology has never been more important for law firms, who want to deliver modern, flexible and seamless experiences to both clients and employees.
Source: The Business Desk
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e-gree Lets You to Create, Sign and Transfer Legal Documents in a Matter of Minutes
The days of paying a lawyer to write up legal documents may quickly be coming to an end.
e-gree, a Los Angeles-based app that allows users to create, sign and transfer legal documents within minutes, closed a $1 million seed round on Wednesday. The new funds will be used for app development, PR and marketing within the United States.
The app has more than 20 pre-made templates that can be used for matters such as non-disclosure agreements or wills. These documents can then be shared between users. Pricing currently sits at $14.99 a month or $39.99 a year to use the app, which currently hosts more than 10,000 users.
Source: dot.LA
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SME and startup-focused Australian online law firm Sprintlaw plans UK expansion
Australian online law firm Sprintlaw is expanding in the UK to focus on the startup and small business legal market.
The tech-powered firm provides more than 100 fixed-fee legal services that cover a wide variety of business needs, automating tasks such as business set up, commercial leases, contracting, IP, franchising and more. The firm also offers subscription services and operates under a legal consultancy model. The UK expansion comes after the Australian firm raised $1m in funding earlier this year from a group of investors including former Smartgroup CEO Deven Billimoria, who will also serve as an advisor to the company.
Source: The Global Legal Post
Image: Shutterstock
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Norton Rose Fulbright hires DocGovern's former tech chief to boost legaltech consulting business
Norton Rose Fulbright (NRF) has hired legaltech consultant George Steven from document automation service DocGovern to expand its NRF Transform change and innovation business.
Steven will work alongside NRF’s head of legal operations consulting Stephanie Hamon, who supports in-house legal teams with commercial and business management strategies. Steven will advise those clients on the procurement and implementation of legaltech, particularly around document automation and legal engineering tools, as well as helping in-house teams decide which tech is best suited to them.
Source: The Global Legal Post
Image: Norton Rose Fulbright
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Future Worlds 2050: images of the future worlds facing the legal profession 2020-2030
The Future Worlds 2050 project was set up to explore changes and uncertainties in the legal profession in England and Wales over the next 30 years, through the lens of global trade and competition.
This first report focuses on the emerging themes that look likely to dominate and affect the law, the legal profession and society in 2020 to 2030
Source: The Law Society
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Source: Luminance
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Tuesday June 22nd 2021
9am-2pm EST / 2-7pm BST
LEGAL GEEK NORTH AMERICA
The event is for anyone who loves legal technology and innovation. Content will be particularly relevant for those working in-house as a lawyer or innovator, in a law firm and in a technology provider or startup. Legal Geek also welcomes freelancers, consultants and general lawtech enthusiasts.
Source: Legal Geek
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