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Cracking NFTs and Intellectual Property

I.            Introduction Out of 18.400 cases filed in the federal court of the United States each year, around 12.000 are intellectual property cases[1]. Intellectual property infringements are more common than one would expect. Artists’ eagerness to prosper and fulfill their artistic career is eclipsed by these transgressions. Nevertheless, technology has advanced up to a certain point […]

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Could ChatGPT be a Good Alternative for Legal Counsels?

I.            Introduction Very recently we have seen a flood of articles and online discussions accompanied by waves of enthusiastic opinions, about the use of the trending software solution ChatGPT. ChatGPT is a tool which use Artificial Intelligence to chat, answer questions, create content, write code and debug, take tests, manipulate data, explain and tutor. What is more ChatGPT can […]

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International Rules on New Technologies

I.            Introduction International regulation of new technologies is not demanded by lawyers only, since it affects economy, politics, ethics, culture, international relations and other fields of social life. Thus, the suitable way of rules and standards for new technologies seems beneficial to representatives of different professions. From a pure legal point of view, the division to […]

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The Rise of Newer Cognitive Technologies: A Blessing and a Curse to the Future of the Legal Profession and Justice System?

I.            Introduction As newer cognitive technologies in the field of artificial intelligence (AI) such as natural language processing (NLP), machine learning, and quantum computing continue to develop, it is clear that they will significantly impact the future of the legal profession and justice system. On the other hand, the legal professional and justice systems are constantly evolving […]

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The Digital Transformation of Law: What is Relevance for Developing Countries?

I.            Introduction The legal industry as a whole is rapidly continuing to automate, digitize and innovate. Digitization is gaining in more importance, between countries that have successfully adapted to the increased use of digital technologies and those that have not and therefore risk being left behind. Accelerated by the Covid-19 pandemic, the digitalised legal service is […]

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A Change Towards How Law Firms and Legal Departments Work (Legal Operations)

I.            What is legal operations? Legal operations or shortly legal ops is not a new concept. It is obtaining more and more worldwide recognition in the legal sector as law firms and legal departments constantly seek ways to create operational efficiencies in their legal teams. Legal operations refer to the improvement of the operations of law […]

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Contracts Standardization

I.            Introduction During their daily work many practicing lawyers spent significant amount of time reviewing and preparing contracts as well as other legal documents. Most of these contracts include, more or less, the same legal concepts expressed through different words. Reviewing and drafting contracts can sometimes be costly, time-consuming and might slow down the businesses. In […]

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Basics of Cloud-Based Legal Software

Cloud. It’s something that we all have been using for quite some time. Google Drive, Dropbox, One Drive are just some of the widely known examples of cloud-based software or better say cloud storage solutions in this case. Many internet users and also lawyers use Google Mail on a daily basis. This are just a […]

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Virtual Law Firms and Their Impact on the Legal Industry

I.            Introduction For a long time technology has been a catalyst for change through empowering organizations to increase their productivity and offer opportunity to adopt more competitive business models rather than those traditional ones. As part of this change, we recently started to witness the increased number of “virtual law firms” that are redefining the shape […]

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The Positive Impact of LegalTech for Mental Health of Legal Professionals

I.            Introduction In recent years, we are becoming increasingly aware of the importance of physical and mental health. The latter has been a topic of discussion among people and experts for many years, especially after the two-year-long pandemic. Poor mental health is a silent but complex issue which still has a lot of stigma, especially in […]

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Legal Research

Legal Research of LegalTech is creative activity and the process of identifying and retrieving information necessary to support legal decision-making.

Legal Assistance

Legal assistance means provision of legal advice, counseling and representation by a competent lawyer with sufficient expertise in certain field of expertise.

Legal Innovation

Legal Innovation is a set of steps where the goal is to made legal practice more efficient. As a consequence clients get valuable legal solution.

Legal Design and Gamification

Legal design is the application of human-centered design to the world of law, to make legal systems and services more human-centered, usable, and satisfying. Gamification is a step further, where adding game elements encourage user to achieve certain goal.

Legal Automation and Process Improvement

Legal automation and process improvement is execution of legal tasks, processes, and workflows, in part or entirely performed by machines previously trained by experts.

Legal Marketplace

In the legal market legal services are provided either by the automated platform or a lawyer. Legal marketplace concentrate legal services and facilitate its delivery to the users.

What you will like about LexRatio

LexRatio mission is to encourage LegalTech enthusiasts and the ones interested in LegalTech to take the initiative and use the technology while making the law more accessible and effective. LexRatio aim is to aggregate fragmented and sometimes confusing information on LegalTech and present it in simple and structured manner.