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    Editor's Pick (1 - 4 of 8)
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    How New Technology has Impacted the Practice of Law

    Apac CIO Outlook | Monday, December 28, 2020
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    Chat bots are also changing the way people access legal details. With smart phone technology on the rise, people have access to a vast amount of legal information at their fingertips.

    Fremont, CA: Although several businesses have concentrated on creating greener goods, few have made full use of big data by applying research to their supply chain sustainability. If a product has been released, big data will suggest marketing strategies, guide business decisions and predict supply and demand. These metrics provide predictability of supply chain requirements, allowing sustainable supply and transport to be proactive.However, much of this research is now conducted online with legal research databases such as Westlaw and Lexis Nexis. Several innovations have recently arisen that radically change the legal profession.

    top legal tech solution companies

     
     

    Artificial intelligence is on the rise and may change the way legal analysis is conducted. The business called ROSS Intelligence has recently started to use Watson's IBM computer to carry out legal analysis. Specifically, they are trying to get Watson to understand and interpret the legal language used by lawyers to look at the case law and the laws.Other firms are developing similar technologies that will allow lawyers to delegate the task of reviewing contracts to a computer. Some firms are also trying to create smart contracts that can be updated on the basis of a variable collection of details.

    See Also: Top Chatbot Solution Companies

    Chatbots are also changing the way people access legal details. With smart phone technology on the rise, people have access to a vast amount of legal information at their fingertips. Now there are a range of apps that you can download that will allow you to ask legal questions. Often these questions are not directly answered by a lawyer, but by a machine.Consumers have switched to these apps for mundane legal questions that they do not want to have to pay a lawyer to answer. There is also an application named Docubot that allows users to create legal documents.

    Digital offices make it easier for lawyers to practice law while saving on high operating costs. Lawyers use the need for brick-and-mortar offices to conduct their business. Now a lawyer could be able to hear the whole case remotely without you ever having to meet. Attorneys do this by renting office space when they need to do stuff like deposition or mediation.

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