Rely on the most comprehensive, up-to-date legal content designed and curated by lawyers for lawyers
Work faster and smarter to improve your drafting productivity without increasing risk
Accelerate the creation and use of high quality and trusted legal documents and forms
Streamline how you manage your legal business with proven tools and processes
Manage risk and compliance in your organisation to reduce your risk profile
Stay up to date and informed with insights from our trusted experts, news and information sources
Access the best content in the industry, effortlessly — confident that your news is trustworthy and up to date.
Find up-to-date guidance on points of law and then easily pull up sources to support your advice with Lexis PSL
Check out our straightforward definitions of common legal terms.
Our trusted tax intelligence solutions, highly-regarded exam training and education materials help guide and tutor Tax professionals
Access our unrivalled global news content, business information and analytics solutions
Insurance, risk and compliance intelligence using big data, proprietary linking and advanced analytics.
A leading provider of software platforms for professional services firms
In-depth analysis, commentary and practical information to help you protect your business
LexisNexis Blogs shed light on topics affecting the legal profession and the issues you're facing
Legal professionals trust us to help navigate change. Find out how we help ensure they exceed expectations
Lex Chat is a LexisNexis current affairs podcast sharing insights on topics for the legal profession
Discuss the latest legal developments, ask questions, and share best practice with other LexisPSL subscribers
The legal sector is supposedly a late adopter of technology. In fact, today, lawyers are embracing technology more and more. Currently in the legal industry, you can’t escape the word ‘legal tech’, or ‘lawtech’, or whatever the current buzzword is, and the inevitable hype that ensues.
Lawyers are reaping the rewards of investing in automation tools that reduce administrative tasks and increase efficiency. Cloud solutions enable agile working, and AI-enabled research tools give you competitive advantage to compete in court, against your competitors – in your many guises as a legal professional.
So, what’s the latest need to know information on the legal tech front? In this article, we have debunked some of the myths surrounding the topic and looked pragmatically at recent interesting developments.
In 2019, over £62m was been invested in UK legal tech start-ups, compared to £22.2m in 2017 and £25.1m in 2016.
Academics at the University of Oxford have been awarded £213,000 by the government to study the lawtech 'ecosystem', as part of a project led by the Faculty of Law aiming to enhance innovation in lawtech start-ups.
The Solicitor’s Regulation Authority (SRA) has also announced that its strategy until 2023 will involve regulation to help the development of legal tech. Anna Bradley, SRA chair, said:
Access this article and thousands of others like it free by subscribing to our blog.
Read full article
Already a subscriber? Login
Amy leads the thought leadership and content marketing strategy for LexisNexis UK, creating insights for corporates and legal professionals. She is an established writer and researcher, having contributed in publications, such as The Law Society, LPM, City A.M. and Financial IT.
0330 161 1234