As the new decade begins, and digital transformation continues to overhaul the law industry, a new frenzy of hopes and predictions for legal tech is shaping up. But the jury’s still out, and we need to focus on what really matters
Management, Innovation & Technology
The idea of going alternative is replacing everything that is traditional. In the next future, will Alternative Legal Service Providers be the norm?
What are the most common legal mistakes made by entrepreneurs when launching and managing start-ups?
Advances in legal service provision have been almost imperceptible. Although their business model remains viable, law firms need to emphasize collaboration and innovation if they wish to create value.
Are legal solutions becoming a commodity? What if you could solve a legal problem through your mobile phone?
At the table, not on the menu: Non-standard workers and collective bargaining in the platform economy
Is collective bargaining a viable tool to “negotiate” the direction of the phenomenon of the digital transformation of work?
The creation of a priority channel for reporting the sharing of sensitive content and requesting its withdrawal is a courageous, responsible and timely initiative.
What exactly do we mean by innovation when we talk about the legal industry and the profession?
Employee well-being has emerged as a strategic human resources challenge in today’s organizations and law firms are no exception.
What are trade secrets and how are they being regulated throughout Europe and the US?
Digital currencies such as Bitcoin have so far failed to revolutionise the international payment system. Will Facebook’s Libra deliver the unfulfilled promises? Will the giant technology companies disrupt and dominate the world’s financial system?
While having large quantities of data and personal information in circulation can lead to security breaches and irresponsible use of information, when handled responsibly, the onslaught of data can be a win for everyone.
Artificial intelligence is increasingly present in our daily lives. As AI takes on a wider range of more serious responsibilities, we will have to deepen its understanding in order to avoid machine-generated errors of judgment. Many experts point to an explanatory function as the solution—is it the only answer?
How effective are roles like Legal Project Management in creating a positive working environment and happy employees?
From marketplaces and app stores for legal technology to self-negotiating contracts. Are we on the brink of these innovations finally making it big time?
Technological innovation is an essential aspect of today’s business reality, where financial institutions are investing in new technologies and IT security so as not to fall behind in the current digital revolution.
Digital currencies and cryptocurrencies such as Bitcoin, Ethereum and Litecoin, as well as their underlying technologies distributed ledger and blockchain have so far failed to revolutionise the international payment system. Now that the hype seems to be gone, is there a future for those innovations in the payment industry?
Regulations in the financial sector are in a constant state of growth in the effort to improve the degree of security in banking. How can we keep up with regulations in the financial sector? Here’s how tech is helping us close the gap
The digital flood leaves nothing untouched, and the legal field is no exception. One technological advance that has particularly interesting implications is ‘smart contracts,’ blockchain-based software programs that are making humans’ jobs easier. Experts are putting the technology under the microscope to weigh its pros and cons.
Financial crime is on the upswing in the digital era. But the regulation and technology that have been required to both comply and compete in the new financial landscape are leading to changes that will more innovatively secure the sector.
Let us take stock of a particularly intense time regarding data and try to envision how all the regulatory and social changes created around personal data will affect us.
As we embark on the Fourth Industrial Revolution, soft skills become increasingly important in the success of people and organizations. How much longer will lawyers who are able to design, create and manage be considered “divergent”?
Tech Breakthroughs In The Healthcare Sector: Are Lawyers Equipped To Advise A Sector Moving At Breakneck Speed?
Digital Pills, 3D printing of synthetic organs, and precision medicine are not only dramatically changing our quality of life, but our legal mindset too.d.
Law firms, not typically associated with the fast-paced world of tech startups, are waking up to the value of being closer to the action.
Is property back in style? Are we now at the stage where, in the virtual world of data, property is also law? If this is the case, what does this mean for AI?
As new technologies are changing the way lawyers practice law, it is paramount to modify the Deontological Code for the profession and update lawyers concept of due diligence.
As technology advances, law and governments have been playing a game of catch-up in order to regulate the role these advances have on society. As it transcends political and legal borders, technology has become more and more of a challenge as we move into the future.
Can you imagine paying taxes, or even receiving government benefits, in Bitcoin? Once the domain of hackers and tech nerds, cryptocurrencies and blockchain technologies are now entering the mainstream, and are well positioned to disrupt the world economic order as we know it.
Today legal consumers are calling the shots, demanding more choice, transparency, competition, price predictability, and direct access to providers. As things drastically change for law firms, Legal Project Management rises to meet the demands of modern legal practices.
With the legal industry facing a challenging and rapidly changing climate, it is hugely beneficial to look back at past events to learn how we can avoid the same mistakes and gain a deeper understanding of how the industry and firms should adapt.