Covid-19 pandemic has accelerated the adoption of technology. This is true for the legal industry too. Here are five technology-enabled solutions that the legal industry has embraced during the pandemic and will continue to leverage in 2021.
- Technology supporting remote depositions is on the rise. In the US, remote depositions are being widely encouraged to move cases forward safely. With Covid-19, remote depositions have become the norm and in-person depositions are becoming difficult to schedule.
- Automating due diligence to reduce manual tasks.
- Document Automation. Technology solutions are assisting in creating documents like non-disclosure agreements more efficiently and quickly.
- Legal transcription technology. Video conferencing is becoming a norm to facilitate proceedings. Legal transcription technology is helping law firms generate transcripts from these recordings quickly and accurately.
- Adoption of electronic billing. Technology-enabled solutions are more accurate than manual invoicing and can provide accurate tracking and reporting. Electronic billing is also environmentally friendly with less or no paper used.
https://www.jdsupra.com/legalnews/will-in-person-depositions-vanish-60128/
https://verbit.ai/technology-trends-in-legal-industry/
Learn about smart document evaluation https://www.lawimage.com/wp-content/uploads/2020/12/LI-Smart-Doc-final.pdf
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