The legal industry is being transformed using technology, from artificial intelligence and automation to blockchain and big data analytics. According to the 2022 “Future Ready Lawyer” survey by Wolters Kluwer Legal & Regulatory, 88% of U.S. lawyers said that the complexity of information is driving a greater reliance on technology.
There are many legal software adoptions coming to the forefront, which include:
- Practice management software
- Document management software
- E-discovery software
- Contract management software
- Legal research software
Law firms collaborate with alternative legal service providers, use client portals and online appointment scheduling technology solutions for better client services offering, and improve remote experiences to attract and retain talent.
However, with the adoption, there are certain challenges that legal firms may have to consider, such as cloud adoption, cybersecurity risks, privacy concerns, and technology advancements. Adopting technology can also be expensive, and affordable and secure internet connectivity is a concern.
Overall, technology has made the legal industry more efficient, cost-effective, and accessible, enabling lawyers to meet clients’ changing needs better and remain competitive in the industry.
This infographic explains how technology is changing the practice of law.
The post The Future of Legal Practice: How Technology is Changing the Game [Infographic] appeared first on Cogneesol Blog.