August 20186 The legal industry which was once considered last to participate in the technological upheaval is now enabling people to hire chatbots to fight for their parking tickets and designing algorithm to predict the court's judgment. Having entered into a new era of transformation, the legal industry is all set to embrace the digital business trends to save time and cut down cost. Technological advancements in the form of artificial intelligence (AI), machine learning, virtualization, and cloud computing are making swift inroads in the legal industry. Observing the significant strides being made in securing the technologies, law professionals are opening up to adopt the best-of-breed applications in their everyday work. Although AI's impact on the legal market is in its nascent stage, many corporate legal departments and law firms have started to implement this inventive technology to review and standardize documents. Its impact is evident in the form of cost efficiency and risk mitigation. Concurrently, machine learning is redefining the way lawyers conduct routine research and document review by harnessing the power of AI and analytics. These are just a few areas where AI is revolutionizing the legal industry, but the list of potential tasks that can be redefined by AI is continuously increasing. Law firms are leveraging the most effective analytical engines and performance tracking software to analyze data and track the performance of the lawyers to assign the jobs and roles where they are most likely to excel for their clients. As technological disruption, change, and innovations are being adopted by the legal practitioners and firms, APAC CIO Outlook presents you a special edition on legal technology solution providers that are helping the law community harness the power of advanced technologies to re-imagine legal services and better meet market demands.Let us know your thoughts. Annie JohnsonManaging Editoreditor@apacciooutlook.comAnnie Johnson To subscribe to APACCIOOutlookVisit www.apacciooutlook.comArt & GraphicsAmelia StewartFlynn SmythToby LangtonGokul K GSenior WritersManaging EditorAnnie JohnsonCopyright © 2018 ValleyMedia Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.AUGUST - 15 - 2018, Volume 04 SE 24 Published by ValleyMedia Inc.EditorialTechnology Revolution and LawLane Adams Clara MathewRoyce D'SouzaEditorialAlfred MardinLouis BeckerRachael ClarkRoy ChowTrishna Das *Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffEmailsales@apacciooutlook.comeditor@apacciooutlook.commarketing@apacciooutlook.comContact usPhone: 1 510.996.5168Fax: 510-894-8405
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