How To Buy Legal Technology That Works
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How To Buy Legal Technology That Works
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Author : Nathan Cemenska
language : en
Publisher:
Release Date : 2024-07-31
How To Buy Legal Technology That Works written by Nathan Cemenska and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-07-31 with Law categories.
Legal technology, a once-obscure niche that few knew about and even fewer invested in, has come into its own. With the advent of generative AI, funding is about to flow into the space and birth a raft of new legal tech products, as well as improved versions of old ones.If all of this sounds good for buyers, it is - in the long run. In the short run, however, we are likely looking at a "perfect storm" akin to the runup to the dotcom crash of 2000, when the market correctly surmised there were billions to be made on the internet, but utterly failed to discern how those billions would be made. Industry veterans know full well that the legal tech market is already flooded with bad tech, particularly considering all the hype around contract lifecycle management, which has proven to be a much tougher nut to crack than anyone imagined. This bad tech has multiplied with the help of pandemic-era stimulus and then again with the advent of generative AI. Now, with the Fed poised to lower interest rates yet again, venture capital is rearing to go back to the casino and throw money at any legal tech idea that sounds plausible - especially if it incorporates, or purports to incorporate, Gen AI. The result will include some of the most thoughtful, innovative legal tech solutions the world has ever seen. It will also include a ton of rubbish.How to Buy Legal Technology That Works is about how to cut through the grist and find practical solutions that work for you, regardless of marketing and sales hype. Written by Nathan Cemenska, an industry veteran who has represented both buyers of legal tech and a very prominent seller, it lays out a soup-to-nuts legal tech procurement approach that takes you through the entire process, from defining your needs, identifying relevant solutions, decoding marketing and sales narratives, performing full due diligence on vendors to figure out what they are really selling, all the way down to negotiating the final contract to obtain favorable pricing and assurances in case implementation goes less well than envisioned. While nothing is guaranteed, this book will lay out the building blocks to arm you with all the information you need to protect yourself from legal tech companies that, in their desperation to make a sale, have lost sight of what should be their goal - to provide practical, common-sense products that help move the legal industry forward.
The Legaltech Book
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Author : Sophia Adams Bhatti
language : en
Publisher: John Wiley & Sons
Release Date : 2020-08-31
The Legaltech Book written by Sophia Adams Bhatti and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-08-31 with Business & Economics categories.
Written by prominent thought leaders in the global fintech and legal space, The LegalTech Book aggregates diverse expertise into a single, informative volume. Key industry developments are explained in detail, and critical insights from cutting-edge practitioners offer first-hand information and lessons learned. Coverage includes: · The current status of LegalTech, why now is the time for it to boom, the drivers behind it, and how it relates to FinTech, RegTech, InsurTech, WealthTech and PayTech · Applications of AI, machine learning and deep learning in the practice of law; e-discovery and due diligence; AI as a legal predictor · LegalTech making the law accessible to all; online courts, online dispute resolution · The Uberization of the law; hiring and firing through apps · Lawbots; social media meets legal advice · To what extent does LegalTech make lawyers redundant or more efficient? · Cryptocurrencies, distributed ledger technology and the law · The Internet of Things, data privacy, automated contracts · Cybersecurity and data · Technology vs. the law; driverless cars and liability, legal rights of robots, ownership rights over works created by technology · Legislators as innovators · Practical LegalTech solutions helping Legal departments in corporations and legal firms alike to get better legal work done at lower cost
Handbook Of Legal Tech
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Author : Colin S. Levy
language : en
Publisher:
Release Date : 2023-05-31
Handbook Of Legal Tech written by Colin S. Levy and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-05-31 with categories.
Technology is everywhere. Its presence is undeniable. The legal industry, steeped in history and tradition, is not immune to the changes brought about by technological advancement. No facet of the legal industry can escape or ignore the increasingly important role of technology in the practice of law. Yet, technology can overwhelm, confuse, or downright intimidate many. By reading and using the insights shared in this title, learn how to reconcile technology's inescapable presence with the fear of the unknown it often brings about. Edited by Colin S. Levy, a well-known legal tech influencer and advocate, Handbook of Legal Tech provides guidance from many of the leading figures within the legal tech space on the different parts of law practice being enhanced and improved by technology. Each chapter covers a key area of legal tech, including automation, contract management, blockchain, use of artificial intelligence, and legal analytics, and contains first-hand insights into the development and adoption of legal technology and actionable data around best uses for different types of legal technologies. Legal ethics and the future of legal tech are also explored. This book is aimed at lawyers both in-house and in private practice globally who have an interest in legal tech and wish to learn more about how it will impact and enhance their work. In this age driven by data and technology, ignoring technology is at your definitive peril. Get up to speed with this engaging and enlightening book on the intersection of the legal industry and the world of technology.
The Legal Technology Guidebook
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Author : Kimberly Williams
language : en
Publisher: Springer
Release Date : 2017-05-16
The Legal Technology Guidebook written by Kimberly Williams and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-05-16 with Law categories.
This book explores the transformational impact of new technological developments on legal practice. More specifically, it addresses knowledge management, communication, and e-discovery related technologies, and helps readers develop the project management and data analysis skills needed to effectively navigate the current, and future, landscapes. It studies the impact of current trends on business practices, as well as the ethical, procedural, and evidentiary concerns involved. Introducing novel interactive technologies as well as traditional content, the book reflects expertise from across the legal industry, including practitioners, the bench, academia, and legal technology consultants. All of the contributing authors currently teach aspiring lawyers and/or paralegals and have identified a gap in the available instructional material. Rapid technology advances have radically changed the way we all live and work, and the legal profession is by no means exempt from the impact of these changes. In order to better assist their clients, and to better compete on the legal market, it is imperative for lawyers to understand the ethical, functional, and business consequences of new technologies on their respective practices. This book provides the necessary content by including legal technology texts, information about novel pedagogical technologies, helpful tools for managing legal technologies and IT staff, statistical methods, tips and checklists.
How Legal Technology Will Change The Business Of Law
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Author : Christian Veith
language : en
Publisher:
Release Date : 2016
How Legal Technology Will Change The Business Of Law written by Christian Veith and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.
Legaltech Startups And Innovation
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Author : Leah Molatseli
language : en
Publisher:
Release Date : 2020
Legaltech Startups And Innovation written by Leah Molatseli and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with categories.
Are you a lawyer, law student or firm owner who wants to position yourself as an innovator or law-industry change-maker? Do you want to embrace the Fourth Industrial Revolution and its enabling legal technologies to promote more meaningful access to justice? Do you yearn to exploit technology to do more with less to build a sustainable legal business in the age of legal tech? If so, then Leah Molatseli's pioneering guide to becoming a legal tech startup is essential reading. This book reflects the journey of a brave, resilient attorney who witnessed first-hand the need for ordinary citizens to gain greater access to justice. This led her to adopt new technology that works for the client by cutting costs, improving efficiency and reaching people more effectively. #Legaltech Startups and Innovation will equip other forward-thinking practitioners to do exactly the same. --Back cover.
Transforming The Law
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Author : Richard E. Susskind
language : en
Publisher:
Release Date : 2000
Transforming The Law written by Richard E. Susskind and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Computers categories.
The main essay in this volume analyzes where the legal marketplace and community has now got to in applying and responding to the new technological possibilities, and examines the key issues that must now be tackled. Eleven additional essays are included in an updated form.
Information Technology And Lawyers
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Author : Arno R. Lodder
language : en
Publisher: Springer Science & Business Media
Release Date : 2006-03-06
Information Technology And Lawyers written by Arno R. Lodder and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-03-06 with Computers categories.
The gap between information technology and the legal profession is narrowing, in particular due to the Internet and the richness of legal sources that can be found online. This book further bridges the gap by showing people with a legal background what is possible with Information Technology now and in the near future, as well as by showing people with an IT background what opportunities exist in the domain of law.
New Suits
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Author : Michele DeStefano
language : en
Publisher: Stämpfli Verlag
Release Date : 2019-06-15
New Suits written by Michele DeStefano and has been published by Stämpfli Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-06-15 with Political Science categories.
"Time to Leave Law-Law Land ... and Head Back Into the Jungle" Fuelled by advancing technology, new business models, and altered client expectations, the legal industry faces unprecedented change across its entire value chain. Unfortunately, many legal professionals fear the technology train and the convergence of other fields with law. They see legaltech, AI, and bots like "lions and tigers and bears oh my." We (the curators and authors of this book) see opportunity. Although the future may require us to put on "new suits"—it represents an enormous opportunity for lawyers to reinvent ourselves for our own and our clients' benefit. Filled with chapters written by experts in the intersection of law, innovation, and technology, this book provides a global perspective on the diverse legal service delivery ecosystem that will be our future. It provides chapter upon chapter (reason upon reason) explaining why lawyers can and should increase their appetite for disruption in the legal world. So welcome to the jungle and enjoy the ride as we attempt to systematically map the uncharted waters of the future legal realm and simultaneously inspire you to build a new future in law. Endorsements "The 'Artist Formerly Known as the Legal Profession' isn't what it used to be. You think that you know law firms and the challenges that confront lawyers, but you don't. Legal services providers have spent years resisting change, and now seem determined to pack fifty- or sixty-years of evolution into five. The entire legal services market has been transformed by LegalTech, globalization, and new delivery models – and until now there has been no guide to the way that consumers can benefit and providers can profit from the changes. Guenther and Michele have gathered a Who's Who of thinkers to provide a marvellous range of visions of the way that law is changing. They provide a roadmap for the future of law – if only you'll follow it." Professor Dan Hunter PhD FAAL, Foundation Dean, Swinburne Law School "'Nomen est omen' if you read the book title of 'New Suits'. It encourages, allows and requests lawyers at all levels to rethink their former and existing ways of doing business in many areas of law. In the same, it outlines great opportunities to a new breed of experts in our profession. Thanks to the various authors, one gets a good understanding of how massive the impact of technology has become – and is going to be - to the legal services market. And the authors provide a distinct view of how a rather traditional profession will have to transform their business models to comply with the fast changes in the marketplace." Jürg Birri, Partner / Global Head of KPMG's Legal "For a while now, we have been hearing about digitization, disruption and new delivery models in the world of Big Law. "New Suits" both reassures and gives a wake-up call to all of us in the business of providing legal services. Setting out both the opportunities and the threats engendered by the dynamic change in our industry, the book is an invaluable guide to all lawyers and legal business professionals wanting some insight on the challenges facing them in a globalized and accelerating world." Dr Mattias Lichtblau, CMS "This book comes at a time where we see just the beginning of a transformational change on the legal market. While such transformation is seen as a great opportunity for those participants who endorse change and innovations, others seem to be more frightened by potential disruption of their well-established business models. The structure and comprehensive contributor listing for this book encapsulates many disparate challenges faced by almost all players on the market. The lecture of the book should give good guidance to anyone who is interested in how the legal profession is (finally) modernizing, capitalizing on technology trends and becoming more client-centric.
Solo And Small Firm Legal Technology Guide
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Author : Sharon D. Nelson
language : en
Publisher:
Release Date : 2018
Solo And Small Firm Legal Technology Guide written by Sharon D. Nelson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with categories.
As software evolves and hardware ages both physically and in its ability to handle the new software, the most current information and recommendations on computers, servers, networking equipment, legal software, printers, security products, smartphones, tablets, and more is a must-have. The 2018 edition of the popular Solo and Small Firm Legal Technology Guide is more condensed and focused than prior editions, concentrating on the core technologies of the law office.The only book of its kind that helps solo and small firm lawyers find the best technology available that meets their practice needs and their budget. Written in clear, easily understandable language to make implementation easier if you choose to do it yourself, or in conjunction with your IT consultant. Either way, you'll learn how to make technology work for you. Topics include: Updated recommendations on hardware and software for PCs, and Macs and tabletsGuidance for billing software to ensure continued sustainabilitySecuring your data (even from our own government)Guidance for choosing and securing today's smartphonesThe rise of cryptocurrencies and what they mean to the practice of lawRules for safe computing on the road and abroadThe direction of legal technology in 2018