How Innovation Is Becoming as Important as Good Lawyering
http://www.lawtechnologytoday.org/2017/11/innovation-becoming-important-good-lawyering/
All professionals should have a reasonably competent understanding of relevant technology. For lawyers, this is a professional requirement and a practical necessity. This thoughtful article explores the practical necessity that lawyers must embrace technology.
The year 2017 saw huge growth in the Legaltech industry. Legaltech 2018 will see further growth. Tech savvy lawyers no longer have an advantage. Lawyers who refuse to embrace technology are increasingly at a disadvantage.
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“One of the biggest mistakes law firms make is trying to undertake digital transformation on their own. Providing the kinds of innovation clients want requires a cross-disciplinary team that understands AI, computer science and data and works with the lawyers, who remain the subject matter experts on the legal front. Only by partnering with tech-savvy specialists and cultivating an ecosystem of vendors dedicated to legal innovation can firms truly hope to succeed in providing the levels of innovation necessary to remain competitive in today’s digital world.
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