Tag Archives: LegalTech

Legal Knowledge Graphs (LKG)

I.            Introduction In the world of law, knowledge is power. Legal professionals, whether they are lawyers, judges, or legal researchers, they all rely on vast volumes of information to make informed decisions, build persuasive arguments, and navigate the intricate web of laws, regulations, and case precedents. In the era of technology-driven innovation, legal knowledge graphs are emerging as […]

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LegalTech and Return on Investment (ROI)

I.            Introduction When purchasing new technology in legal industry it is very important to try to understand the value of your investment, in the terms of benefits and returns that investment brings to you or your business. Investing in legal technology is a business decision and its crucial to consider, if the benefits outweigh the costs. The term […]

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Legal Data Science as a Tool to Increase Legal Efficiency

I.            Introduction The vast majority of the population embraced the fact that life without technology is no longer possible. The amount of information that reaches us increases every day, be it true or false. Data is the centre of all informed decision-making and the legal industry is here no exception. Lawyers deal with large amount of […]

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Are Alternative Legal Service Providers an Ally or a Threat to Law Firms?

I.            Introduction This article challenges the belief that only traditional law firms can provide legal services and legal advice. Those who think that “traditional” means the impossibility to change should ask themselves how and when the law firm emerged in the first place. Hence, it’s time to accept that a new era in the provision of legal services has […]

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The use of Artificial Intelligence in Judicial Work

I.            Introduction The concept of digitalisation and Artificial Intelligence (AI) are often confused in the everyday language. When we talk about digitalisation, we usually mean the replacement of traditional case management systems supported by paper-based processes and isolated Information Technology (IT) systems with various electronic means, sub-processes and systems that are connected in real time. Online forms instead […]

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E-Discovery and Legal Technology in EU

E-discovery, or electronic discovery, is the process of collecting, processing, and producing electronically stored information (ESI) for use as evidence in legal proceedings. E-discovery is commonly used in common law legal systems. It is used in the initial phases of court proceedings when involved parties are required to provide relevant records and evidence related to a case. […]

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Artificial Intelligence (AI) and its Impact on the Legal Profession

I.            Definition Artificial Intelligence (AI) is an intelligence demonstrated by computers and machines which includes perceiving and synthesizing information with purpose to make decisions. It is an umbrella term for a range of algorithm-based technologies that solve complex tasks. Goal of AI is to mimic capabilities of the human mind. The ideal purpose of AI would […]

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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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