A2J Tech in the US: #LSCITC Part I — from law-tech-a2j.org by Roger Smith

Excerpt:

Get to my age and you develop a pretty high intolerance level for conferences – online or off. You get more intolerant; more arrogant about what you think you know already; more easily bored; more demanding of content, presentation and presenters. But I  am a longtime fan of the Legal Services Corporation’s annual technology conference as the best I attend in a year, see an example from 2019.  And this year’s event, currently half completed, is no exception. This is consistently a premiere event. As delegates, we have done two online days with two more to come later this week. It may be far too soon to evaluate themes but early enough to highlight some of the more striking content.

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Check out this year's ABA Tech Show

 

Looking Forward and Backward at Legal Technology – 2021 and 2022 — from legaltechmonitor.com by Dennis Kennedy, Tom Mighell, Debbie Foster

Excerpt:

Tom Mighell and I, with help from Debbie Foster, continued our annual tradition of looking backward and forward at #legaltech at the end/beginning of each year on our podcast. Of course, we do that in our own way.

Here are the two episodes of The Kennedy-Mighell Report podcast:

  • Pardon the Interruption: 2021 Edition
  • Dennis & Tom’s 2022 Tech Resolutions

Also see:

Also see:

Check out this year's ABA Tech Show

 

SKILLS 2022 – Recap — from legaltechmonitor.com by Greg Lambert

Excerpt:

Last Thursday, a group of some 400 legal knowledge management professionals came together for the Strategic Knowledge & Innovation Legal Leaders Summit (SKILLS) conference.  Oz Benamram asked me to pull together a 20 minute recap of all of the presentations that day, and share it with the 3 Geeks’ readers. So, here’s about a 20-minute recap of the 20 presentations for that day. Enjoy!!

So the biggest challenge I see is, is structural, and as much as the business model works pretty well for about right now. But it doesn’t necessarily work great for where we’re going.

Jason Barnwell

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Thomson Reuters’ Report May Signal Sea Change In Legal Profession — from techlawcrossroads.com by Stephen Embry

Excerpt:

In a nutshell, the Report demonstrates that to thrive post-pandemic and even survive, lawyers will need to better adopt technology, use better workflows, and make sure work is done by right mix and training, and experience. Otherwise, the work that is piling up during the great talent shortage just won’t get done.

More tech, better work process, more remote work, becoming nimble. Bottom line, successful law firms, and lawyers can’t afford business as usual post-pandemic.

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Thomson Reuters’ Report May Signal Sea Change In Legal Profession

 

7 Technological Breakthroughs That Might Change the Way We Practice Law In 2022 — from legalscoops.com by Jacob Maslow

The face of legal research is changing through artificial intelligence (AI) implementation. ROSS Intelligence uses IBM Watson to do legal research automatically. This is conducted faster than current legal search engines are doing. AI is also used to create and review contracts a real-time-saver for lawyers.

 

Aderant Brings American LegalNet Under Its Umbrella — from abovethelaw.com by Joe Patrice
A busy week for Aderant.

Excerpt:

Aderant, a global provider of business software to law firms, announced yesterday that it acquired American LegalNet, which provides court forms, eFiling, calendaring, and docketing solutions.

 

Four waves of change in #LawLand (282) — from legalevolution.org by Jeff Carr

To get to the view of true “better” in legal service delivery, it is useful to return to first principles.  We are not here for ourselves, for the guild.  We are here to promote and protect the social good called “the law” for the benefit and service of those we call clients.   As such, when access to legal assistance is too difficult, too expensive, too unpredictable — and yes, too unfair — it is our job to fix the imbalance. To the extent we — members of the legal profession — ignore the imbalance in order to make another dollar out of a broken status quo, we have become corrupt guardians who betray our professional values.

Unfortunately, the more broken the status quo becomes, the greater our eventual professional reckoning. Thus, in my view, we have no time to waste.

Four waves of change in #LawLand

 

Legal Technology Sector Sees Advancements, Unicorns in 2021 — from pymnts.com

Excerpt:

Legal technology saw numerous advances in 2021 as the still-blooming sector saw greater activity, Reuters reported Wednesday (Dec. 29).

Legal tech involves companies making a variety of tools and services for law firms, corporate legal departments and consumers to use. The sector involves products for eDiscovery, legal spend analytics, lawyer selection, document review and contract management.

LegalZoom.com, CS Disco and Intapp all had initial public offerings (IPOs) this year, and multiple legal tech companies attracted venture capital and private equity investors. Some of their funding rounds reached into the hundreds of millions.

 

 

The Future of Digital Court Reporting — from legaltalknetwork.com by Tony Sirna, Jim Calloway and Sharon Nelson
Tony Sirna gives an overview of the evolution of digital court reporting and the improvement it has brought about in court proceedings.

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Webinar: What NOT to do in 2022. Legal Tech trends to ignore! — from onit.com

Excerpt:

How can you sort the helpful trends from the hype?

Three experts from Buying Legal, Consilio and Onit recently gathered to discuss just that. Together, they explored the current state of legal tech and AI, how corporate legal departments should function as we enter the new year and which current legal trends are better to avoid.

Read on to learn which legal tech trends you might want to pass on as we enter 2022.

 

The top 5 legal technology news of 2021 — fromabajournal.com by Nicole Black

Excerpt:

There were also a significant number of acquisitions, resulting in the unprecedented consolidation of legal technology companies. What follows are the more notable examples, although there were many others that are not listed below.

  • Litera acquired Kira Systems, Clocktimizer, DocsCorp and  Foundation Software.
  • MyCase acquired Soluno, Casepeer and Woodpecker.
  • Clio acquired CalendarRules and Lawyaw.
  • Francisco Partners acquired Paradigm, which had previously acquired PracticePanther, Headnote, Bill4Time and MerusCase.
  • Private equity firm Warburg Pincus acquired NetDocuments.
  • Smokeball-Leap-InfoTrack Group acquired LawLytics and Lawgical.
  • ProfitSolv acquired Tabs3 (and also owns Rocket Matter, Cosmolex, LexCharge, ImagineTime and TimeSolv).
  • Veritext acquired Reportex.
  • Intapp acquired Repstor.
  • Onit acquired Bodhala and BusyLamp.
  • Consilio acquired Xact Data Discovery.

Also see:

  • Legal Transformation Is A Business Story — from forbes.com by Mark Cohen
    Excerpt:
    The first step in law’s transformation journey is to align the legal function with the mission, purpose, and culture of business and to instill a customer- centric, team-oriented mindset. This is not an easy or quick process, but it is a necessary one. The legal function cannot achieve alignment unless it: speaks the language of business and understands its goals and risk profile, works proactively and at the speed of business, operates as a team (internally and across the enterprise), upskills, and adopts a customer-centric, results-oriented approach to everything it does. Legal must embrace the data-backed, tech-enabled, multidisciplinary approach to problem-solving, value-creation, and customer-centricity of business.
 

From DSC:
The following items are from a recent presentation by Zach Abramowitz entitledLegal Disruption: Key Trends to Watch in 2022.” By the way, you can sign up for Zach’s legal newsletter at zachabramowitz.substack.com/


Marble Law

 

Darrow raises $20 million to uncover corporate legal violations and bring justice to all — from calcalistech.com by Meir Orbach
The Israeli startup is focused on locating violations that have caused damage to millions of people on average – the threshold for a potential class-action lawsuit

Excerpt:

Darrow has developed a machine learning-based platform which discovers legal violations by some of the biggest corporations in the world. Operating chiefly in the U.S., the company is focused on locating violations that have caused damage to millions of people on average – the threshold for a potential class-action lawsuit.

 

TermScout

Term Scout

 

 

Virtual law firms see 38% jump in recruitment — from personneltoday.com by Adam McCulloch

Excerpt:

In late 2020, 1,355 lawyers worked for such virtual firms, a number that has risen to 1,875 by autumn of 2021. In 2019, 1,272 worked for such firms.

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Michigan Chief Justice Bridget Mary McCormack on the Transformative Possibilities of this Moment — from law.upenn.edu with Michigan Chief Justice Bridget Mary McCormack

Excerpt:

Bridget Mary McCormack is Chief Justice of the Michigan Supreme Court and is a leading voice on modernizing court systems to expand access to justice and deepen public confidence in legal systems.

On this episode, she joins us to share her thoughts on how courts can learn from the experiences COVID-19 has created to better serve the public in a post-pandemic world. She also shares her views on how regulatory reform can transform legal services and why improving legal systems matters for the entire American experiment.


Addendum on 12/13/21:
Ontario Court Lays Down the Law on Technology Competence and Video Proceedings — from legaltechmonitor.com by Bob Ambrogi

An Ontario judge has laid down the law on technology competence, ruling in no uncertain terms that every lawyer has a duty to keep pace with changing technology, and that a lawyer’s discomfort with new technologies — in this case, video depositions — is no excuse for reverting to pre-pandemic methods.

 

UpCounsel Crowdfunds $3.3m, Plans IPO + Cuts Legal Costs By 75%! — from artificiallawyer.com

By eliminating overhead and outrageous hourly rates, UpCounsel allows you to kire a partner-level attorney at a third of the price

Excerpt:

The last point is how this helps to encourage more crowdfunding in this sector. Ruby Datum the VDR company is also currently doing a crowdfunding, and Clocktimizer was funded in the same way before it was bought up by Litera. So, perhaps we will see more approaches like this. That said, UpCounsel is itself owned by an investment group – along with 1,630 others now, so it’s not a pure-play crowdfunding in its entirety.

This will be watched by the VC world and the legal market in general for signs of whether it is succeeding with its goals.

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TECHREPORT 2021: Technology Training — from lawtechnologytoday.org by Sofia Lingos

ABA Techreport 2021 -- technology training

 

 
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