It is undeniably true that technology has changed people’s lives dramatically. The advent of computers and smartphones has changed the usual routine associated with both daily chores and work. People who are involved in working with the laws are also introducing the latest technologies in this field.

In this article, we will look at how the legaltech is used exactly and how it has changed the usual work mode in recent years.

Modern Technologies Used by Law Firms

First, in order to understand how much the development of technology has affected the automation of processes in the legal sector, it is necessary to familiarize yourself with some of the modern functions that have become possible thanks to legaltech.

1. Automated data entry

Any lawyers face not only working with documents but also a huge number of letters and calls. Filling in the personal information of clients, maintaining a database, and filling out documents can take a lot of time and interfere with productivity. Fortunately, modern technology allows you to perform these tasks automatically and saves time for more important tasks.

2. Forecasts

Law firms often want to anticipate the consequences of the entry into force of legal documents or determine the results of legal activities. Artificial intelligence allows you to make long-term forecasts that are based on a previous data. As a result, it becomes easier for lawyers to develop a work plan.

3. Shared Data

Lawyers are constantly faced with numerous tasks and deadlines. In order for the work in the company to go smoothly and quickly, employees need to get access to cloud storage of data that can be changed by any team member. In addition, customers can also monitor free terms and deadlines in real time.

The Impact of Digital Technology on the Legal Sector

Now that we have got acquainted with some processes in the legal sector that are based on the achievements of legaltech, we can talk about the impact of technology on the work of lawyers.

1. Automated processes

As we mentioned above, the simplest tasks such as filling in the client’s personal data can now be automated, which allows employees of legal companies to spend time more productively.

2. A new way of communication

Whereas lawyers could communicate with their clients only by mail previously, now, there are many communication channels available such as a live chat on the website and video communication.

3. An easy document processing

Court proceedings involve the exchange of documents between the parties, so the ability to send and receive electronic documents greatly simplifies the work. The text recognition function makes it possible to copy data and process it.