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October 26 · Issue #254 · View online
Hand-picked articles, resources, tools, and conversations from the world of Legal Tech. Curated by Jeroen Zweers @zweers and Jelle van Veenen @jellevanveenen.
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Good afternoon to this week’s Issue 254 of the Dutch Legal Tech Quarantine Update with a mix of Legal Tech and Covid19 legal-related articles. This week I like to point out a project I am currently managing on the topic of Access to Justice. In this project, a group of experienced legal innovators advise what we call “social lawyers”, making their practice brighter. For this pilot project, we are looking for 10 “social lawyers”. If you are interested, you can join us here.
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PwC Survey: Relative Legal Tech Costs Rise at 60% of UK 100 – Artificial Lawyer
The annual PwC survey of UK 100 law firms has revealed a picture of increased tech spending for 60% of firms across the 2021 Financial Year (FY) relative to revenue, with a notable minority reducing tech spending slightly in proportion to income.
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Project Perspektief
Met trots en enthousiasme kondig ik als projectleider Project Perspectief aan. Project Perspectief is een initiatief van de Raad van Rechtsbijstand en … 18 comments on LinkedIn
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How to Reduce Outside Counsel Spend — in Just Two Steps
Cut the cost of outside counsel by assigning legal matters based on risk and value rather than defaulting to preferred law firms.
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Law Firms' Tech Dilemma: Too Many Users and Not Enough IT Professionals | Legaltech News
A recent LTN tech survey shows that law firm IT staffing levels and salaries have been impacted by budget cuts. But once that talent is gone it won’t be cheap to lure back thanks to the market’s high demand for tech skills.
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More than 50% of legal departments plan to buy legal software in next 12 months: ACC report | Canadian Lawyer
Today’s corporate law departments expect legal technology to fill increasingly central role, survey finds
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Top 10 Legaltech Startups Globally - VCBay News Top 10 Series
According to Statista, the global legal tech market generated revenues of USD 17.32 billion in 2019, with incumbents generating USD 16.75 billion of the total. The legaltech startup market generated USD 570 million in 2019 and is forecasted to reach USD 2.49 billion by 2025, growing at a CAGR of 27.82 per cent from 2020 to 2025.
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Positively Legal: Leading with a Growth Mindset | ACC Docket
Cultivating a growth mindset can improve the well-being of you and your team.
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Morgan Stanley’s Robot Libor Lawyers Saved 50,000 Hours of Work
Untangling trillions of dollars worth of loans and other financial contracts from Libor is a complex, expensive and time-consuming job.
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Why Your Old-Fashioned Contract Process Is Destroying Your Business - Legal Innovation & Tech Fest
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A community reunited | Feature | Law Gazette
The return of Legal Geek as an in-person event gave the industry a chance to see how far lawtech has evolved during the pandemic and what it promises for the future.
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Law Firms Are Dropping The Ball On Contract Management - Above The Law's Legal Tech Non-Event
Why this software is a must-have for law firms and law departments.
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The One Thing Legal And Compliance Hate About Innovation Teams
What is the one thing that legal and compliance teams hate about innovation teams? Being treated like a box to tick at the end of the innovation process.
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Claim Analytics | Sibyl | England
Sibyl is a start-up using artificial intelligence and claim analytics to streamline claims, allowing insurers and law firms to get to the right outcome faster.
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