10 Legal technology trends to watch in 2023
From AI and automation to blockchain — Quiss provides a roundup of the top movements in legal tech this year.
Tech can radically alter the legal landscape and allow firms to overcome some of the common challenges they face. Here are 10 legal tech trends to look out for this year.
1. Artificial intelligence (AI) and machine learning. These technologies are being used increasingly in legal practice, including for tasks such as document review and legal research.
2. Cloud computing. The use of cloud-based services is becoming more widespread in the legal industry, enabling firms to access resources and tools on a pay-as-you-go basis.
3. Cybersecurity. As law firms handle sensitive and confidential information, cybersecurity is a top concern and legal tech companies are developing new tools and services to help firms protect their data.
4. Mobile technology. The use of mobile devices, such as smartphones and tablets, is becoming increasingly common in the legal industry, and legal tech companies are developing tools and resources to help firms optimize their use of mobile technology.
5. Legal project management. Legal project management tools and software are being developed to help law firms manage complex cases and projects more efficiently.
6. Legal process automation. Legal process automation technologies are being developed to help firms automate routine tasks and improve their efficiency.
7. Blockchain. The use of blockchain technology is being explored in a variety of legal applications, including for document management and contract execution.
8. Virtual reality. Virtual reality technologies are being developed for use in legal training and education, as well as for use in courtroom simulations and other legal settings.
9. Legal analytics. Legal analytics tools are being developed to help firms analyse legal data and make data-driven decisions.
10. Legal design thinking. Legal design thinking, which involves using design principles to solve legal problems, is a growing trend in the legal tech industry.