Source: Tech EU
By Leanne Aldrich
Technology’s continued role in the legal sector has seemed a formality. Back in 2021, most firms had adopted some form of technology due to the pandemic. And as recently as August 2022, the UK government announced another £4m investment into its LawtechUK programme to modernise the sector. On the face of it, digitisation in the legal sector seemed to be progressing full steam ahead.
But nowadays nothing can be taken for granted. The ever-present and changing economic and societal challenges that dominate news headlines are altering priorities. While some legal IT leaders comment that there has been no change to their budget, plans and progress, others note that economic volatility means projects, upgrades, and migration ambitions are being pegged back.
As costs mount, there is often an instinctive reaction to trim software budgets and staff to focus on lawyer activity. But can firms really risk not adopting legaltech in the current climate?…
Read full article: https://tech.eu/2023/04/07/shifting-roles-shifting-priorities-will-legaltech-continue-its-surge-in-2023/
