What is legal technology, and what is the value it brings to our team?
This special report conducted by Wolters Kluwer in association with The Lawyer explores how legal technology can improve efficiency within the modern in-house legal department. It dives deeper into the type of technology that is in use today, and what technologies departments are planning on implementing in the near future.
Key findings include:
- More than two-thirds of respondents indicated they are planning to improve 'structuring processes' to increase efficiency
- 40 per cent of respondents indicated that they do not have a clear digital strategy and budgets for implementing it are tight
- Even though legal departments face challenges when introducing legal technology, all respondents believe that they will use legal technology in some form everyday within five years