Legal technology, commonly known as LegalTech, refers to software that enable lawyers to do their jobs more efficiently and cost-effectively. Though very much an emerging sector, LegalTech already comprises a $16 billion market in the U.S and is growing. Undoubtedly the biggest change in this burgeoning market --taking lawyers by storm--is the rapid rise of artificial intelligence technologies. Here we look at how AI is transforming the everyday practice of law, changing the profession and skills required by lawyers. More than 40 companies are offering solutions--from removing arduous contract reviews, to eDiscovery, or even providing intelligence on where best to try a case.
May-20-2017, 18:10:22 GMT