Our perspectives of the LegalTech landscape
Current breakthroughs in the field of Natural Language Processing (NLP) has fuelled the possibilities for a number of industries to work more intelligently with text data. LegalTech solutions promise great value for a lawyer to work more efficiently. We believe that these technologies will be assistive in their nature - meaning that NLP solutions will come with recommendations and insights to the end-user. The adoption of LegalTech among Law firms is still limited and is at an exploratory phase. The firms that successful adopt the technology and empower their people, will have a leading position as we enter a new era.