Learn about the benefits of legal technology and tips for convincing C-suite to invest in this blog post.
Legal technology refers to software and systems used by law firms and legal teams to increase efficiency and effectiveness. Adoption of legal tech tools, including document automation and case management, can lead to time savings, faster deal closures and improved budget control. However, convincing C-suite decision makers to invest in legal technology can be a challenge. To create a compelling business case, it is important to carefully consider the potential impact of legal tech on the organisation. Read on to discover our top tips for making the business case for your legal technology investment.
Legal technology, or 'legal tech' for short, refers to software and systems used by law firms and legal teams to make their work more efficient and effective. Legal tech tools include software for document automation, contract management, billing and time tracking, research, case management, and more.
The best legal teams in the world are all embracing legal technology. That’s because technology - if used correctly, and at the right time - can help improve processes, share data transparently, and make teams significantly more efficient, including:
But how do you demonstrate all of that potential value? Here are the main ways that adopting legal technology will help you demonstrate a strong return on investment:
While legal technology requires an initial investment, it pays for itself many times over through enhanced efficiency and increased profits. For more information on how you can improve your legal team's productivity with Robin AI's legal solutions, speak to our team today.