Legal Tech Is Booming, So Where Is My Robot?
Legal tech is booming.
The good news is, that means more work for tech savvy lawyers. The bad news is, maybe you're not one of them.
So either you get tech smart, or you get a techie to work for you. Then again, maybe you should get a robot before a robot gets your job.
Booming Business
If you were thinking about starting a legal tech business, you are late to the investor party. Investors have largely bailed in the past two years.
However, legal tech companies continue to start and to grow. Kevin O'Keefe, writing for Above the Law, says the last several years have bought "a slew of legal tech companies and software solutions."
According to Law Sites, the legal startups number is up to 668. Legal tech is booming so much lawyers have an ethical obligation to keep up with technology.
Robots for Sale
There is a robot for everything, even a robot for your other robots. Echo's virtual assistant, Alexa, can practically run your office.
Of course, you generally get what you pay for. Alexa is no match for Watson, who won Jeopardy just to show off what he could do.
There's no need to fear the robot practitioners taking your job, so long as you stay familiar with the technology. At least, you should know their names.
Related Resources:
- Should In-House Lawyers Be Afraid of Robot Paralegals? (FindLaw's In House)
- Startup Offers AI Robots for Patent Lawyers (FindLaw's Technologist)
- 3 Things Lawyers Should Know to Be Tech Competent (FindLaw's Technologist)
- Tide Rises on Lawyers' Duty of Tech Competence (FindLaw's Technologist)