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Technology has been hailed as one of the biggest aids to a law firm’s growth in 2018, making it a necessity in the modern law firm.
Yet it’s still the top-tier law firms who remain the biggest investors in new technologies, typically centering around Artificial Intelligence (AI) and Blockchain. 74 percent of mid-tier law firm leaders have admitted to not monitoring return on investment (ROI) on technology investments. This reactive approach has allowed top-tier law firms to lead the way in implementing strategic, innovative, tech-based solutions designed to streamline and automate existing processes.
This provides the client with more options to choose from such as online self-help and highly personalised systems like document-automation platforms. Here are five law firms leading this evolutionary shift.
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SHOW NOTES
NewLaw Academy: www.newlawacademy.com
Email me: [email protected]
By NewLaw AcademyTechnology has been hailed as one of the biggest aids to a law firm’s growth in 2018, making it a necessity in the modern law firm.
Yet it’s still the top-tier law firms who remain the biggest investors in new technologies, typically centering around Artificial Intelligence (AI) and Blockchain. 74 percent of mid-tier law firm leaders have admitted to not monitoring return on investment (ROI) on technology investments. This reactive approach has allowed top-tier law firms to lead the way in implementing strategic, innovative, tech-based solutions designed to streamline and automate existing processes.
This provides the client with more options to choose from such as online self-help and highly personalised systems like document-automation platforms. Here are five law firms leading this evolutionary shift.
---
SHOW NOTES
NewLaw Academy: www.newlawacademy.com
Email me: [email protected]