I. Introduction In the modern world, the wheels of technology and innovation are spinning faster with each day that passes, and the wind of discovery is reaching almost all paths of sectors of life, and the legal sector is here no exception. One of ways the legal sector is changing lies within the introduction of technology […]
I. Introduction Nowadays, phrases such as ‘the justice system can not be trusted’ have become common language. The extremely long and dense processes often lead to unresolved conflicts and miscarriage of justice. The traditional system has many times been proven as inefficient, not only for handling domestic cases, but also a large number of cases across […]
I. Introduction Although the trend in recent years is changing, the “time is money” aphorism is still present among lawyers since most of them charge for their services on an hourly basis. However, not every task of running a legal practice is billable, in fact, most of them are not. 2020 Legal Trends Report found that law firms […]
When discussing about Legal Technology, or shortly just LegalTech, we may quickly get uncomfortable, since one might have in mind the law to which certain technology applies to (e.g. fintech, regtech, e-discovery, competition law etc.), while on the other hand, some define Legal Technology from the other perspective, in particular how particular technology is applied to the […]
I. Introduction Smart contracts are becoming more and more important and represent an integral component of many digital platforms and applications through the usage of Blockchain. In this article, we shall pinpoint what you need to know as to what are smart contracts, their advantages, and spotlight some functions of smart contracts through to their actual […]
During the pandemic we have seen many incentives and new legal tech solutions in legal market, especially as the legal industry scrambled to accommodate remote workflows during the pandemic. What is more, in 2021, the LegalTech market generated revenues of 18.43 billion U.S. dollars worldwide, with the market forecast to grow at a compound annual growth rate (CAGR) of […]
The legal industry has not fully embrace the potential of legal data. Legal data represents various data included in different sources of law, from legal theory data to data generated through legal practice. Legal documents, legal knowledge base, spreadsheets, billing systems, policies, emails and external data sources such as case law and legislation are stored […]
For an average person, decoding the law can be very challenging. What is more and legal experts will (surely) agree, is that law can be sometimes hard to understand even among lawyers. In this hyper-regulated world with uncountable number of legal rules, explaining the law has sometimes became mission impossible. If we add unstructured legal […]
Today’s users are becoming more and more demanding when talking about delivery of wide range of services. The Internet and Mobile technologies result in radical transformation of connecting demand and supply with the support of the technology and data analytics. Sharing economy model’s ultimate goal is to connect customers to service providers in innovative ways. […]
In general, automation represents different more or less advanced technological solutions to reduce human assistance for particular task or process (e.g. turning off the lights automatically when leaving an apartment). Similarly, legal automation is the usage of LegalTech software solutions to automate and execute tasks that are frequently performed manually by lawyers. On a more advanced level is the […]
Our legal research services, enhanced by innovative LegalTech solutions, offer a creative and meticulous approach to identifying and retrieving essential information. This process supports informed legal decision-making, ensuring that your case or project is backed by accurate and timely data
Under legal assistance provide comprehensive legal advice, counseling, and representation by highly skilled lawyers with deep expertise in specialized fields. We ensure that you receive competent and reliable support for your unique legal challenges.
Our legal innovation services are designed to streamline legal practices, enhancing efficiency and delivering high-value solutions for our clients. By leveraging modern approaches, we ensure that your legal needs are met with greater effectiveness and precision.
We apply human-centered legal design to transform legal systems and services, making them more intuitive, user-friendly, and satisfying. By integrating gamification, we take it a step further, incorporating game-like elements that motivate users to achieve their legal objectives in an engaging and efficient manner.
Our legal automation and process improvement services utilize advanced technology to execute legal tasks, processes, and workflows, either partially or fully automated by systems trained by legal experts. This approach ensures greater efficiency, accuracy, and consistency in delivering legal solutions.
Our Legal Prompt Engineering services leverage AI to deliver precise and efficient legal solutions. By crafting tailored prompts, we optimize AI systems for tasks like legal research, document drafting, and data analysis, streamlining complex processes for faster, high-quality results. Combining legal expertise with cutting-edge technology, we help professionals achieve more with less effort.
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.
