Learn how legal professionals can better adapt-to and adopt new technologies.
ARTICLE EXTRACT BY AARON BAER
For many observers of the legal industry, the seemingly glacial change of innovation can be astounding. After all, it’s not unreasonable to wonder how the use of data analytics, process mapping or new technology within a law firm can be considered to be innovative.
But the reality is that lawyers (and law firms) are often resistant to change.
Being trained to identify all potential risks and being subject to a system that relies so heavily on precedent doesn’t exactly align itself well to change. And of course, there’s the incentive misalignment that will remain present in the legal profession so long as the billable hour reigns supreme.
My journey in the legal innovation space began four years ago.
In that time, we’ve adopted some of the world’s leading products to help provide more efficient legal services without sacrificing quality. That many of these service providers are based in Toronto — one of the world’s leading legal tech hubs — is simply a bonus.