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Contributing Writer March 3, 2016 Comments Off on 5
Things Legal Tech Should Know About ISO 2013 Certification
Here are 5
things legal tech companies can do to take their product from good, to great (reading the book Good to Great is a good start too):
The latter is a free email newsletter edited by Jeffrey Brandt, registered the «biggest readership gains» in 2014 and is essential reading for
all things legal tech.
Not exact matches
We have talked about how
legal tech often focuses on the wrong problems and that one of the
things we should be doing is working to better access and wrangle big data.
There also seemed to be a high level of interest from those attending in the fact that a site dedicated to
legal AI, such as ArtificialLawyer.com, was now running, which perhaps is also a positive sign of how
things are changing in terms of lawyers» perception of AI and advanced
legal tech.
Somewhere, some lonely
legal tech guru is sitting in his garage working on «the greatest
thing since the invention of the hornbook.
With apologies to my Law.com colleagues and KM experts Ron Friedmann and Joy London, KM is a boring buzz phrase the
legal industry uses to describe what is to me a very sexy
thing: Solutions (high -
tech and low -
tech) for corralling the data that lawyers develop, analyze, describe, present, sell and trade.
Doing
things differently was top of mind at the conference, where lawyers, startups and
legal tech enthusiasts came together to talk about how technology is changing the
legal industry.
That's kind of my theory is that... I try to keep one ear on the big law world and it's my understanding that in - house
legal departments are demanding that their outside law firms do more high -
tech, advanced
things.
«One
thing I believed when I first started in
legal tech was that many of the good ideas had already been taken,» Stubenberg says.
In the short term, even though the Wild West days are clearly soon to be over for digital currencies and will soon become a more regulated environment, this could be seen as a good
thing for
legal blockchain and smart contract
tech development.
I think one of the
things that I've been surprised about is the amount of
legal tech that has come online in the last three to four years.
Before that, I went to law school, and before that, one of those
things, I was a programmer and I worked on a project at Stanford that spun out at a
legal tech company.
There's other firms that do some
legal tech as well as other
things, but that's all we do.
The first
thing holding back the
legal tech industry's rate of innovation is probably the law firms themselves.
When looking at
legal tech adoption it's important to remember the different stages of adoption — innovators (of which there are few — not many take that risk), early adopters looking for a competitive advantage, and early majority looking for new
things that might be useful.
As explained by Pandodaily, LegalForce is composed of a traditional law practice and a
legal website that is a «law automation software
tech company» that provides a web service to help users register trademarks online, among other
things.
Given the recent emphasis on collaboration as the coming
thing among lawyers (see, e.g., What's Hot — According to New York
Legal Tech and Collaboration on Slaw.)
Understandably he takes a lawyer's risk averse approach, (regulation will be important, there are lots of
things that could wrong...) rather than taking the more optimistic view of a
legal tech company founder.
Key note speaker Jordan Furlong and
legal tech guru Sally Gonzalez will discuss the changing
legal market and the importance of knowledge management, among other
things.
It's as if the big firms for whom most of the
legal professionals here work for have basically farmed out all
things tech and don't want to get their hands dirty.
So clients buy these
things from
legal tech startups and
legal outsourcing providers, or they create these
things by hiring in - house lawyers and
legal operations experts.
And then, so you see my blog there and then in the ABA Survey when they talk about what people learn from
things, like, one of the big sources of the ABA Journal were I've written a
tech column for years, and so, I unfairly like to add those numbers together and look at what a large percentage of people are learning about
legal technology for me, and then Tom, of course corrects my analysis of those numbers.
The move is an interesting one as at present law firm incubators have tended to focus on helping lawyers and
legal tech start - ups engage with each other for mutual benefit, bringing companies directly into the mix and at this early stage, takes
things one step further.
When we attended LSC's TIG conference in San Antonio in January, one
thing really stood out: There was almost no overlap between the for - profit
legal tech world and the
legal aid
tech...
When most vendors talk about
legal technologies and
legal AI, they're saying
things like: «
legal tech is going to revolutionize the way we work and these technologies are going to change the way we practice law.»
Lawyers tend to ask too much about whether a
tech tool will do «
legal»
things.
I noticed that after a while, every CLE event I attended was related to
legal tech, my nights were preoccupied with coming up with blogging ideas and searching for the next big
thing in
legal tech I can write about.
That perhaps sounds like an unusual
thing to say about a $ 700 billion global market, but after visiting a
legal tech company yesterday in London's most dynamic quarter the true scale of what could happen to the
legal sector was laid bare.
Those of us around back then can recall that every time we would go to ABA Techshow or
Legal Tech New York (which used to be more for smaller and medium firms) there would be any number of new premise - based LPMS touting all the great
things they did, only to be gone within a few months or a year.
I'm not going out to Silicon Valley or anywhere else and trying to pitch big VCs and it's not just the woman
thing, it's also I think
legal tech is a challenging market because it follows a different model and I've had investors told me that --
Women and minorities in
legal tech are writing thought - provoking articles that answer real questions about ethics and impact, among other
things.
Apart from Israeli entrepreneurs sitting right now in their garages and working on the «next
thing» more foreign
legal tech companies are starting to find the Israeli
legal market an interesting one.
The Taste of ABA TECHSHOW dinners are an excellent way to get to know your fellow attendees, learn some fascinating
things, and meet
legal tech celebrities!
It's important that these
things work together, but we won't see the connections and possibilities if we don't broaden how we approach diversity in
legal tech.
The advice we've given is current as we write, but as we know too well,
things change in one heck of a hurry in the
legal tech world.
Here are the most pertinent articles: 2015 LTN Year in Review from Legaltechnews Year in Review: Our Top
Legal Tech Stories of 2015 from Nextpoint
Things That Didn't Happen In 2015 from Above the Law The 10...
The other
thing you see are literally hundreds of
legal tech startups trying to solve
legal data and
legal practice challenges, with dozens of these focused on improving
legal research or on offering some unique way of looking at primary law.
There 2 great
things I point to in my
legal test he knows which you can go to virtual
legal tech and watch for free online.
There is one
thing though that has become clear — there is a place in the
legal services world for
tech skills like Joan's.
While it's a way of working that has been used for years in other fast - moving industries such as
tech, she says it's a very different
thing to have a
legal team operating in this environment that deals primarily with the needs of getting financial products to market.
And then I think finally, the last way that I'm really excited about and not sure if Dennis, you're going to be involved in this or not, but I know something that I definitely want to do during this year is to put together some type of
tech news roundup that we do, whether it's on our own, whether it's with our friends at
Legal Talk Network or however that winds up happening, I definitely want to go out there and do something more, a different kind of a podcast that's a shorter form, something that gives us slightly different set of information than we give on this podcast but it still is sharing
things that lawyers need to hear about technology.
Yet, blithely ignorant, self - assured confidence is something that comes up again and again when
tech people try to do
things in the
legal industry.
Other popular
legal technology blogs to consider include: 1) Future Lawyer, written by the always - knowledgable Florida litigator Rick Georges; 2) Technologist, a group blog; 3) Divorce Discourse, where attorney Lee Rosen shares technology and law practice management advice; 4) Law Practice Tips, a blog chock full of wisdom from Jim Calloway, an attorney and the Director of the Oklahoma Bar Association's Management Assistance Program; 5) iPhone JD, where attorney Jeff Richardson covers all
things Apple - related, including iPhones and iPads; 6) Ride the Lightening, which covers a variety of interesting
legal technology issues and is authored by lawyer Sharon Nelson, who offers her opinion on the effect of
legal technology on the practice of law; and 7) the MyCase blog, where I regularly write about a host of
legal tech issues.
Either way, the key
thing is that Artificial Lawyer's global audience of highly engaged readers, across all parts of the
legal tech world, will have a chance to read your advert and respond to it.
But factoring in Centra
Tech's
legal troubles,
things might be about to change very soon.