Legal Technology is successful when IT integrates with practicality. LegalTech developers are smart to always aim for Keep It Simple Stupid.
Legal technology helps human brains at law firms dig into the ancient and overlapping digital trails of data scattered across the universe.
90% of lawsuits eventually settle. I'd say 2/3's settle after mediation. Mediators are well positioned in this economic meltdown.
Why are law firms so far behind? Because legal technology firms are so far behind. The game is over for both of you guys. Enter LAW 2.0
Lawyers that are comfortable and confident using technology are obtaining favorable jury verdicts. They're also settling more cases.
If you're a tech smart lawyer and you've recently been laid off, consider entering the legal tech business.
Document reprographics has gone entirely digital. Law firms don't need and won't pay for boxes of copies anymore. Everythings going inhouse.
