The bridge between tradition and technology
The legal industry is one of the oldest industries, where a conservative approach is widespread. Among legal professionals, there is a strong cultural thread of respecting traditions and practices. In light of technological development and globalization, the current question arises: Is LegalTech expected to revolutionize the legal sector? Back in 2018, Danish lawyer Martin Brandt told Advokatwatch that conservative lawyers in Denmark contribute to slowing down technological development in the industry[1]. Has there been any change with the modern technology that has since been introduced? Reluctance to explore and use LegalTech may limit the development potential. However, its momentum is undeniable in line with globalization.
Globalization creates a new reality for lawyers
In recent years, LegalTech has become a reality for most lawyers and attorneys, where the use of technological tools is no longer unusual. In line with other industries, the legal sector faces a future where the use of technological tools continues to become more widespread. It can be assumed that the rapid development of modern technology, including the launch of several artificial intelligence services, is responsible for the growing interest in technological solutions. Lawyers and advocates are also following this development, where the need for LegalTech is increasing and constantly growing. Globalization, among other things, contributes to increasing the complexity of legal tasks, which is an expectation that most Scandinavian lawyers have[2]. Its impact on the legal sector includes an expansion of legal activity on an international level. This means that legal professionals are faced with the challenge of dealing with a wider spectrum of laws, ranging from national to international legislation. The number of cases involving multiple countries and jurisdictions is increasing, and these cases are typically more complex for lawyers and advocates, as they have to deal with more parameters. The increasing growth in international legal cases is a natural consequence of globalization, as it has become easier for both individuals and companies to operate across borders and establish international businesses. As a result, globalization is creating a growing demand for LegalTech, which can provide legal professionals with practical technological tools to be more efficient, reduce time spent and create flexible solutions for their clients. This will result in a reduction in the cost of seeking legal assistance, which will increase the availability of legal advice from professionals. As a result, more people will be able to access their rights, which helps to expand justice and promote equality.
The unexpected benefit of the pandemic
In recent years, we have witnessed significant technological developments in the legal industry. The COVID-19 crisis was one of the latest events that pushed the legal sector to adopt new innovative ways of working[3]. As in many other industries, lawyers and advocates were forced to find alternative methods to work effectively. These challenging times pushed the boundaries of traditional legal methods and revealed exciting new opportunities. The need for remote work and virtual meetings via computer made technology a necessary facility for work to continue during the crisis. Many law firms quickly began to develop and implement technological solutions and models as a replacement for traditional methods[4]. This included, among other things, the introduction of electronic signatures[5]. There was also a greater need to automate legal work processes to make them more efficient for the lawyer and the attorney. This resulted in a growing collective interest in LegalTech, as there was a desire to reduce the workload by minimizing manual tasks in favor of automated solutions. The COVID-19 pandemic was therefore a crucial catalyst for increasing attention to innovative solutions in the legal industry[6]. Even though the pandemic is over, the industry is still in constant evolution, emphasizing the importance of embracing new technological approaches.
Harvest of Innovation: LegalUp’s Journey with LegalTech
LegalUp is an excellent example of a law firm that has incorporated LegalTech as an essential part of its daily operations to streamline its practice. The company operates 100% digitally, which enables a reduction in case processing time and costs for the client. This modern technology enables the company to give its lawyers increased flexibility and control over their legal work. By using innovative solutions, efficiency is maximized and easy access to advice is provided. AI is used, among other things, for task solving, which
