Smart Company looks at how technological developments are helping law firms to evolve. It says that with more clients hiring in-house legal counsels and turning to technology to trim costs, demands and time pressure on law firms have increased. Consequently, the legaltech industry has boomed, as “the competitive risks of tech luddism suddenly outweighed the pain of adoption.”

Joni Pirovich from Hall & Wilcox comments:

“As technology trends are pervasive across all industries, it’s now incumbent upon law firms to ensure lawyers have a good starting language to interpret technology concepts and how they interact with legal principles.”

Smart Company

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