The latest concern of Regulation Technology News www.lawofficetechnologysolutions.com/law-offices-should-have-the-most-up-to-date-technology-and-law-office-automation-support-services focuses on an exciting new initiative by the American Clubhouse Association (ABA). The task is designed to provide consumers use of affordable legal services, while as well giving legal professionals the tools to build small-firm practices. The issue explores the function technology plays in this changing dynamic. ALM’s editor-in-chief, Monica Bay, provides some perception on the project and other related topics. For more information about LTN, look at the entire article.
The ABA’s Law Technology News, a prestigious industry publication, just lately named John Alber the initially recipient of their inaugural Lifetime Achievement Prize. While business legal departments are spending millions of dollars on technology, they’re not using it as much as they’d hoped. This kind of fact seems to have skepticism about the transformative nature for these tools. Alber received the pay tribute to from Legislation Technology Reports editor in chief Monica Bay. In spite of her success, she is not discouraged by the challenges forward.
While AJE continues to convert the legal industry, most companies continue to concentrate on the benefits of motorisation and man-made intelligence. For example , merely this month, AI-powered contract program Common Paper documents secured $4. 5 , 000, 000 in seedling funding. Regarding to Crunchbase News, the legal technology sector received $1 billion in venture capital funding in 2018.