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.
Management, Innovation & Technology
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.
What is the new legal context following the approval of the new network and information systems security law that cracks down on cybersecurity guidelines in Spain?
As we witness the unstoppable advance of machine learning and its application in more and more areas of our lives, I am more convinced each day that the future of the administration of justice will necessarily involve a high level of participation of automated algorithms in each procedural step.
The challenges today are not technological, but they are moral, ethical, and philosophical, and thus our legal scholars are of central importance in the interpretation of these questions.
The legal profession has reached a tipping point where traditional models of practice are no longer aligned with today´s globalized, digital world and the ever-changing needs of the market. Is the industry adapting fast enough?
Technology is a tool for accelerating the speed and accessibility of legal delivery, but its efficacy depends on many factors. Harnessing the potential of technology will require a cultural shift by organizations, professionals and the legal industry as a whole.
Artificial intelligence carries with it a whole host of concerns that force us to think about our own morality. If we want to discuss the real problems and the challenges that we face with the rise of AI, let’s start by asking the hard questions.
The current state of regulation in the cryptocurrency and blockchain space leave many perplexed. With an uncertain road ahead, a unified regulatory framework for blockchain and cryptocurrency will be crucial to unlocking its full potential.
Micropayments and loot boxes: a global regulatory challenge that is transforming the gaming industry
Are gamers gambling through video games? Every country has a different approach to regulating gambling, but if loot boxes and micropayments come to be considered gambling, a couple of questions emerge for the video game market.
If there is one regulation we can partially convert into code, it’s tax.
Similar to self-driving cars after the development of autonomous technology, business intelligence can sense the environment and navigate the compliance landscape with minimal human input.
The increasing need for creative skills is highlighted in a growing number of studies that demonstrate a definite connection between creativity and business results. So why are these skills undervalued in law firms?
Lawyers need to shift from argumentative thinking to creative thinking, as the need to be right all the time is the biggest barrier to new ideas.