The legal industry has continuously evolved, and technological advancements and change of corporate behaviors have affected it profoundly. Some of the key trends in the sector include automation, the resurrection of in-house departments, and the adoption of legal chatbots and robot lawyers.
The practice of law is very far from complete automation because rational analysis, improvisation, and experience are among the essential elements that are hard to automate. Some aspects are already automated to allow efficient handling of cases. New systems have also cropped up.
Technology in the Legal Industry
Here are some of the technologies in the legal industry.
Legal Chatbots and Robot Lawyers
Some years ago, law firms would develop a beautiful website and then wait for their clients to increase. Today, it is different. Customers are now tech-savvy, and they need more. They expect their lawyers to answer their questions at any time of the day or night, and most importantly, they need immediate services. If a law firm fails to do that, clients are likely to move to the firms that can meet their needs.
Fortunately, existing technologies have helped lawyers remain ahead of demanding clients. Chatbots and robot lawyers have bridged the gaps between online clients and law firms. For example, the DoNoPay chatbot, developed by Joshua Browder, is helping people fight parking tickets without the help of a real lawyer. The number of robot lawyers and chatbots is increasing day after day.
Legal Technology in Courts
Judges, including the senior ones, are relying on legal AI technologies to get the data they need to support their decisions.
Courts are adopting videos to avoid the enormous costs associated with physical hearings and the traveling of witnesses and the involved parties. Technology is also helping lawyers predict case rulings. However, experts have also raised concerns about the problems that come with technology, such as biasness that entrenches in the minds of both judges and juries compared to the live testimonies.
Legal Artificial Intelligence
Artificial intelligence is helping lawyers in their practice, and this will continue if lawyers will manage to stand as the masters.
Otherwise, they are likely to find themselves replaced. Some forms of artificial intelligence, such as predictive coding and machine learning, have already taken root. Particularly when it comes to digesting large amounts of data. Like a review of contracts for disclosure in electronic form. Many large law firms are using legal artificial intelligence. So, their clients can access real-time information about the progress of their transaction.
Blockchain in the Legal Industry
Blockchain technology is one of the technological advancements that are eating into the traditional income sources for lawyers. Large law firms are exploring standards for blockchain-based contracts that will self-activate when the involved parties reach the verifiable milestones. Blockchain and other types of distributed ledger technologies maintain identical ledger copies in many computer systems, and they are therefore secure and versatile.
That is among the reasons they are likely to replace the middlemen when it comes to the drafting of contracts. Futurologists have speculated that blockchain technology might help law firms start operating as distributed entities. Furthermore, blockchain technology has helped firms protect digital trial bundles in addition to preventing their alteration.
Legal Technology in Law Firms
Software developers are now focused on designing programs that can facilitate the smooth running of the busy law firms. They are currently producing improved case management tools, marketing tools, and other tools that firms need to operate smoothly and improve their services. With good legal software systems, firms can collect and process the right data, mine legal matters, and comply with the data protection laws. With practice management systems, law firms can serve their clients in a better way and remain ahead of the competition.
Most sole practitioners are used to taking care of all the aspects of their law firms. However, if you are one of them, you should pay attention to the impacts technological advancements have on operations. You can start using social media and implementing technology if you want to remain competitive in the industry. Automation is likely to increase hyper-niche practices in the industry.