Big Legal Tech Issue
One of the main reasons law firms can go down is the high cost of services which comes with total lack of desire to dive deeply into client's business and use technology to streamline activities.
At the era of self-helping lawyer apps and online consultations, law firms fail to compete for more tech-savvy clients. They have to learn to adjust to the current state of things if they want to continue being relevant to the public. Even the American Bar Association has made changes to their Model Rules of Professional Conduct so lawyers would have to be on the same page with modern technology.
So the question is what is the dilemma with technology and law? Do law firms really need to get techier? If yes, how can they become buddies with tech?
The biggest change of tech development for the legal industry is the absence of understanding. There are little to none coders that understand the peculiarities of legislation, and no lawyers that are at least a bit interested in how technology could help them deal with clients more efficiently, but that's what the market expects now.
Of course, the development of the proper legal tech would require companies to step out of their comfort zones and work together with IT departments to create something truly satisfying. However, some small and mid-sized firms have begun taking steps into the direction of modern technology solutions.
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your own legal tech
Check out the article about business management software to discover how these systems work.
Sometimes the end-user doesn't know what they want and what they actually need from a software product. The main task of the experienced vendor to help direct you in the right way to implement the just right functionality.