Legal industry Technology big data
A legal tsunami is changing the legal sector to a point of no-return. Those who fail to acknowledge this will unfortunately see their fates disappear, as did the dinosaurs thousands of years ago. As in the Fin Tech sector, this is not only a race to disrupt the industry, but also a contest where the disruptor may be disrupted in a never-ending revolution that has only just started.
Lawyers need not be afraid of using technology or of the availability of tools that utilize big data. This will undoubtedly make their jobs more straight forward and assist the discovery and research processes. The legal community must recognize the urgency of adopting these tools for their survival. There is no choice left to the matter, as more and more clients are pushing for transparency, speed, and lower costs.
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