Diving into the Sea of Change and Riding the Legal Tech Wave
In a recent 2024 article[1], it was reported that the impact of legal technology on the global economy in 2021 was around $127.7 billion. It is predicted this will increase to more than $225 billion by 2027. The article notes that the top two priorities of business support departments in law firms are increased utilization of technology and process standardization. Following this trend, we expect a rise in investments in legal technology, along with an increase in employee training for the effective use of these tools, within law firms.
Caitriona Robinson
