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There’s no denying that technology has flooded all industries and Legal Industry now faces the task of implementing legaltech into its practices, both in large law firms and startups, in order to stay ahead of the curve and offer faster, value-added experience.

What is LegalTech?

LegalTech is an industry that uses technology and software to provide legal services. Legal Tech companies are generally startups founded with the purpose of disrupting the traditionally conservative legal market. Basically, such companies use technology and software for billing, electronic discovery, accounting, practice management, document storage, etc.

LegalTech usage

Legal practice management software

Operate many vital back-office tasks, for example, document storage and sharing, CRM capabilities, appointment scheduling and more. It often integrates with other back-office tools like accounting and billing software.

eDiscovery software

Automates much of the document review process for lawyers. These solutions identify case-specific documents at higher accuracy rates

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