12 June 2021
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The benefits of technology in Law Firms

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Implementing technology in law firms is the opportunity that they should take advantage of to offer the best service compared to their rivals

The legal sector is facing new challenges. The world is going through a process of digitization, which has been accelerated by the COVID-19 pandemic. The progress of technology has changed the way people work. We live in a world that seeks the immediate and this requires faster processes. All this means that firms have one choice: either renew themselves or disappear

Benefits of technology

Some of the challenges that new lawyers have to face are Legaltech, Blockchain, Big Data and Artificial Intelligence. It is essential that lawyers are trained in these new tools and way of working because it is an opportunity to improve the quality of their service and differentiate themselves from other firms.

Implementing technology also improves the daily management of the firm. For example, automating the most repetitive processes to save time and costs. Also improving communication with clients through digital platforms.

The introduction of technology allows law firms to create new business models. More and more lawyers are incorporating digital tools to their law firms. For example, knowledge management. This allows documents to be saved online and can be accessed more quickly. It makes the lawyers' work easier and they can provide the clients a faster and more efficient service. 

Another of the big benefits of technology is the work-life balance. Many of the tasks that used to be done by lawyers can now be done by machines in a shorter period of time. This allows lawyers to optimize their working time and also spend time with their families.

However, lawyers must make a cultural change to adapt to this new reality. They must train and learn the necessary skills to be prepared to face all these upcoming challenges. 

Copyright © The Impact Lawyers. All rights reserved. This information or any part of it may not be copied or disseminated in any way or by any means or downloaded or stored in an electronic database or retrieval system without the express written consent of The Impact Lawyers. The opinions expressed in this article are those of the authors and do not necessarily reflect the positions or policies of The Impact Lawyers.
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