The latest concern of Rules Technology Media www.lawofficetechnologysolutions.com/law-office-technology-news-links/ focuses on an exciting new initiative by the American Rod Association (ABA). The task is designed to give consumers access to affordable legal expertise, while also giving lawyers the tools to develop small-firm practices. The issue explores the part technology plays in this changing dynamic. ALM’s editor-in-chief, Monica Bay, supplies some insight on the project and other related topics. For more information about LTN, see the entire content.
The ABA’s Law Technology News, a prestigious market publication, just lately named John Alber the primary recipient of the inaugural Lifetime Achievement Prize. While corporate legal departments are spending millions of dollars on technology, they’re not using it as much as that they had hoped. This fact features skepticism about the transformative nature these tools. Alber received the reverance from Rules Technology Information editor in chief Monica Bay. Inspite of her accomplishment, she is not really discouraged by challenges forward.
While AJE continues to transform the legal industry, most companies continue to give attention to the benefits of motorisation and man-made intelligence. For example , just simply this month, AI-powered contract platform Common Standard paper secured $4. 5 million in seedling funding. Relating to Crunchbase News, the legal technology sector received $1 billion in venture capital funding in 2018.