One might be forgiven for thinking that legal technology, or legal tech, is something new. With exponentially increasing levels of talk of about Artificial Intelligence use in law firms (see below: Defining AI), plus a flurry of stories about machine learning, predictive coding and the latest matter management systems it can feel like legal tech […]Weiterlesen von "The Triumph of Legal Tech"
Der Begriff „Legal Tech“ schmückt die Titelseiten vieler Gründungsgazetten, doch gibt es gegenwärtig noch wenig Innovationen, die erkennbar den großvolumigen Rechtsalltag beeinflussen. Damit bleibt noch Zeit genug für eine Diskussion, was Legal Tech als neue Bewegung allgemein bedeutet, was es für das Beispiel des Immobilienwirtschaftsrechts konkret bedeuten kann und welche Gefahren oder auch Chancen hinter […]Weiterlesen von "Legal Tech im Immobilienwirtschaftsrecht – Bedrohung oder Chance?"
Recently, the Boston Consulting Group and the Bucerius Center on the Legal Profession published their report on the state and future of legal industry. The key takeaways? Market forces are REAL Tendencies that many law firm partners used to discard as (hopeful?) fads are here to stay. How comes, you ask? Well, let’s consider: Legal […]Weiterlesen von "From Pyramid to Rocket: How Legal Technology will change the Business of Law"
Due to intense pressure from local bar associations and other members, the American Bar Association recently did an about face and announced it would no longer pursue a program with Rocket Lawyer. The program had sought to make it easier for clients to obtain legal services at a more affordable price point. For as little […]Weiterlesen von "Warning to Law Firms: The “uberization” of law is coming…and fast"
By Tom Braegelmann Considering the boom in LegalTech research and startups, I was wondering whether there are specific challenges facing German LegalTech, among them (and this list is by no means complete or even comprehensive) in contrast to an Anglo-American approach to LegalTech: German legal practicioners (lawyers and judges alike) rely a lot on legal […]Weiterlesen von "German LegalTech: Specific Challenges in Legal Practice/Theory?"
In die Legal Tech Szene in Deutschland kommt seit einiger Zeit richtig Bewegung. Gründerszene hat bereits einen „Legaltech-Hype“ ausgemacht. Es tut sich in der Tat viel: In den letzten Monaten haben u.a. Bahn-Buddy.de, Compensation2Go.de, Legalbase.de, MyRight.de, Rightmart.de und WirkaufendeinenFlug.de gelauncht und bieten ihre Services an. Eine unlängst veröffentlichte Studie der Boston Consulting Group und der Bucerius Law School mit dem Titel „How Legal Technology […]Weiterlesen von "Legal Tech in Deutschland: Wachstum zieht an!"
In “Catching the Wave: Legal Technology Spend at $3 Billion and Growing” Mitratech shared the results of its survey of the U.S. legal technology landscape among corporate law firms and legal departments in which it predicts significant growth for legal technology investments. The survey also shows that legal departments need to handle more legal matters without […]Weiterlesen von "Study: Legal Tech Market will significantly grow in the next Years"
The Harvard Business Review has just identified “blockchains” as one of their eight top technology trends to watch out for in 2016, concluding that they “will disrupt entire industries”. This is a key area of innovation that will become increasingly relevant for business lawyers in 2016. You only have to invest a few minutes in […]Weiterlesen von "Blockchain: A Legal Tech Trend for Business Lawyers"
CAL2 is at the forefront of legal tech research in Germany. CAL2 is short for Computer Assisted Legal Linguistics. Members of CAL2 are linguists, lawyers and computational (corpus) linguists who explore the fabric of language and law in Europe and the world. Since 2014 CAL2 has developed new big and multilingual reference corpora of legal texts (cf. JuReko) and tested computer supported methods […]Weiterlesen von "Legal Tech will fundamentally change legal research – Interview with Dr. Hanjo Hamann"
Law Practice versus Legal Services Delivery We need to distinguish between what lawyers do (the practice of law) and legal services delivery. How lawyers practice and the rules governing them – rules of evidence, ethics rules – have not changed very much. Lawyers exercise independent judgment to advise client. Contrast that with tectonic changes in […]Weiterlesen von "The Transformation of the Delivery of Law"