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Navigating new AML regulations in 2024: What’s changed and how can Verify 365 help your firm
Monday, 22 April 2024The year 2024 marks a significant period of regulatory reform, with major new legislation expected to impact global markets and set precedents for future policies.
Tags: Lawtech, Lawtech Software Group
Posted in associate news
Smith: lawtech not “silver bullet” for access to justice
Friday, 31 May 2019Technology can make a positive difference but it must be carefully evaluated before adoption and be seen as supplementary to, not a replacement for, human-led legal services, a campaigner has warned.
Tags: Lawtech
Posted in Latest news, Technology
Legal Technology – the future of legal services
Wednesday, 5 December 2018One way of viewing the current legal services market is that the legal profession is locked in a race to the death with non-qualified providers, tempted by the lucrative chunk of legal work that is not reserved to qualified lawyers and which forms a big part of their income.
Tags: blockchain, Lawtech, Legal AI, legal chatbots, legal tech, legal technology, Robot Lawyers
Posted in Features
Law Society unveils tech crowdfunding deal as Legal Geek hears about conservative clients
Wednesday, 18 October 2017The Law Society has agreed a deal with a crowdfunding platform to connect solicitors with lawtech start-ups looking for investment. Meanwhile, a lawyer at a magic circle law firm told yesterday’s Legal Geek conference that while clients welcomed the idea of innovation, when it comes to the crunch they often chose old-style methods.
Tags: artificial intelligence, Lawtech, Legal Geek
Posted in Latest news, Technology
Tech investors deterred because of “relatively small” global legal market
Thursday, 20 October 2016The global legal market is small by comparison with other markets and this is deterring some technology companies from investing in it, but only technology can service the “vast unmet legal need” in the future, according to a leading lawtech commentator.
Tags: Lawtech, Technology
Posted in Latest news, Technology
Law firms need “culture of experimentation” before they can embrace IT transformation
Wednesday, 19 October 2016Law firms need to radically change their cultures to embrace emerging technologies such as cognitive computing – including suppressing their tendency to be risk averse – according to the head of strategy at a leading London practice.
Tags: cognitive computing, Lawtech
Posted in Latest news, Technology
Legal IT entrepreneurs tempt law students onto alternative career path
Monday, 22 February 2016Tech-savvy law students were last week invited to pursue careers delivering legal services via technology businesses instead of the conventional route of joining a legal firm, at a meeting of IT executives committed to establishing London as a global hub for lawtech start-ups.
Tags: law students, Lawtech, legal IT
Posted in Latest news, Technology