Five Ways Legal Tech is Changing the Future of Law
Technology is redefining the legal field. It is the new normal in an industry that has long been viewed as traditional, conservative, and relatively slow-to-adapt. Technology brings disruption. You need to be prepared. At Lupl, we are proud to offer a next-generation matter management system. Our innovative legal tech offers a better way for law firms and lawyers to coordinate, share documents, use knowledge, and manage important matters in a single (secure) place. The reality is that legal tech is changing the future of law. You do not want your law firm or legal department to fall behind. In this article, we highlight five key ways that legal tech is changing the future of law.
1. Streamlined Communication
One of the main advantages of new technology is that it makes communication a lot easier. Indeed, improving communication has consistently been one of the ways that technology affects the legal industry. More than a century ago, the advent of the telephone made communication between clients and counterparties a lot easier for legal professionals. In more recent years, many lawyers, paralegals, and other professionals have spent a lot of time on Zoom and other teleconferencing apps. The American Bar Association (ABA) reports that the majority of U.S. law firms surveyed view at least part-time telework as an important part of their future.
There is no question that technology makes communication easier. At the same time, it can also create challenges. A recent survey of American professionals found that many people are starting to become overwhelmed by the amount of communication options available in the workplace (phone calls, text messages, emails, Zoom, Slack, etc). Innovative legal tech can help solve that problem. As an example, Lupl’s open industry collaborative platform allows you to do all the communication for a specific project in one place—keeping things well-organized every step of the way.
2. Automation of Certain Tasks
Automation is another growing technology trend in the legal industry. Certain legal tasks are well-suited for automation. As a simple example, you may be in a position to automate certain administrative tasks. Do you have to send emails/messages regarding updates to some legal projects. That task could potentially be automated with the right technology. Other administrative work, including things like scheduling, may also be a good candidate for automation.
Beyond the administrative work, automation-related technologies are also being used to complete some legal work. For example, new automated tools are being developed and rolled out for e-discovery. Electronic discovery (e-discovery) is the process of conducting a digital investigation/review to check for relevant evidence. With so much digital data being produced, automated e-discovery tools have the potential to save an enormous amount of time and resources.
3. More Effective Case Management
Also sometimes referred to by the acronym LCM, legal case management is a speciality area of project management that attorneys, law firms, and legal organizations use to get a matter from beginning to end. Some lawyers describe case management as the bane of their existence. It can be a time-consuming and monotonous process that takes away time and attention from the actual legal work at hand. At the same time, case management is incredibly important. When complex legal cases are not well managed, work can get skipped, duplicated, and key deadlines may be missed.
The latest in legal tech is making case management easier for lawyers and law firms. At Lupl, our innovative open industry platform was designed, in part, to address the case management problem. Created by tech professionals with direct input from people with actual legal experience, we built a comprehensive system that makes it a lot easier to manage a case from start to finish. With Lupl, you get a real-time, 360-degree view of an entire legal case. It is easy to see what has been done and what still needs to be done to get the best outcome for your client.
4. Advanced Data and Reliable Analytics
Big data has brought big changes to the word. Oracle defines the term big data as large and diverse data sets that require computer analysis/sorting. Advances in data and analysts are impacting many industries, including the law. Data-related legal technology can help law firms and legal organizations in a number of different ways. Some of the new tools that are being developed offer great promise for the industry.
As an example, improved data and more reliable analytics are already bringing major changes to legal research. National Language Processing (NLP) is expected to be one of the biggest developments in legal tech. In effect, NLP refers to a process whereby computer algorithms “learn” human language so that they can better predict what attorneys and paralegals are actually looking for when they run searches. These tools could make it easier for lawyers to find the case, statutes, and other information that they need to support their argument.
5. Efficiency and Optimization
Ultimately, all forms of legal technology are tools. Similar to any other tools, legal tech is a device used to carry out a specific function. The central goal of practicing law has not fundamentally changed that much over the last century. Legal tech simply changes the way that work gets done. When used the right way, legal tech can optimize workflore—making the entire process more efficient and more effective, thereby saving time and money for everyone involved in the project.
Efficiency and optimization are undoubtedly a good thing. At the same time, legal tech bringing improved efficiency and increased optimization to the industry also presents some challenges to lawyers and law firms. If you and your organization are not properly utilizing the latest technology, you could quickly fall behind the competition. As things are changing at an ever-more rapid pace, it is crucial that attorneys, law firms, and legal organizations are ready to adapt.
Lupl is the Game-Changer in Legal Matter Management
Lupl is a true game-changer in legal technology. A first-of-its-kind open industry platform, Lupl offers a solution for collaborative work. Even better, the platform was designed specifically for law firms and lawyers. With our innovative software, it is easier to communicate and securely share documents, manage projects, and track progress—all in one place. Among other things, Lupl offers:
- A open industry platform that is intuitive and easy for people to learn and use;
- A single spot where you can have a bird’s eye view of an entire project;
- The ability to view detailed dashboards and feeds to track progress;
- Well-designed compatibility with legal tech tools and legal tech gadgets; and
- The best cybersecurity practices to keep sensitive data safe.
Keep things organized and moving forward with our state-of-the-art collaborative legal project software. It is easy to set up, add collaborators to your projects, manage ongoing matters, and get things done efficiently and effectively. Ready to see what Lupl can do for you and your organization? Get started today for free or request your free demonstration.
The Future of Law: Contact Our Team to Learn More About Lupl
At Lupl, our legal tech is changing the way that lawyers, law firms, and legal organizations get work done. With our open industry platform and collaborative legal technology, you can bring together everything that matters into one easy-to-access place. If you have any questions about our platform or our services more generally, we would be more than happy to help. To learn more about how Lupl works, please give us a call or connect with us directly online. It is free to get started.