Technology


Three-quarters of law firms “unprepared” for EU data regulation with six months to go

14 November 2017

Three quarters of law firms are still unprepared for the EU general data protection regulation which comes into force next May, potentially opening them up to large penalties, according to new research. It also found that one in five law firms admitted to experiencing an attempted cyber attack in the last month.


Keoghs launches AI product that will cut insurer clients’ legal costs

7 November 2017

Leading defendant law firm Keoghs has launched an artificial intelligence (AI) driven service that cuts legal costs for insurer clients by enabling them to handle work that is currently done by its lawyers. Its “AI lawyer”, called Lauri, is initially for what are called “avoidable litigation” cases – generally standard, low-value claims.


Legal chatbot pioneer receives $1m investment to pursue goal of making access to law free

6 November 2017

DoNotPay – the chatbot that aims to make access to the law free – has received $1.1m (£840,000) in backing from leading Silicon Valley investors, and even some lawyers. DoNotPay is the brainchild of English-born student Josh Browder, who started the site as a teenager to fight his own parking tickets.


Small businesses flock to low-cost legal hub for employment and debt advice

2 November 2017

Thousands of small businesses are flocking to a purpose-built legal hub, operated by alternative business structure LHS Solicitors, to access online documents. Some 35,000 documents have been downloaded from the Federation of Small Businesses Legal Hub – provided by LHS on a white-label basis – since its launch last month.


AI crunches lawyers in case prediction challenge

31 October 2017

A ground-breaking battle between lawyers and artificial intelligence has ended in a comfortable victory for AI. Lawyers had a week to predict whether real PPI complaints were upheld or rejected by the Financial Ombudsman, using their own resources and unlimited time, before AI got to work.


Direct access website in High Court dispute with recruiters over number of barristers signed up

25 October 2017

Efforts to recruit an initial 2,500 barristers to direct access website MyBarrister failed miserably, it has emerged in a court ruling that details an ongoing dispute with the recruiters charged with signing them up. “These were, as things turned out, demanding targets,” the judge observed.


Report: Firms talk of the future but continue to embrace the past

23 October 2017

Law firms are facing a “pivotal moment” where they need to turn talk of improving efficiency into action, with those that are seeing the competitive advantage, new research has claimed. It said firms “appear to be in a holding pattern, pledging forward-looking action, while cleaving to traditional thinking”, such as hourly billing.


Singapore targets UK law firms and tech start-ups as bridgehead to Asia

20 October 2017

Singapore has begun marketing itself to UK law firms wanting to access Asia’s lawtech start-up community, as well as UK start-ups wanting to expand beyond these shores, with what it says in south-east Asia’s first lawtech accelerator.


Ex-FBI cyber chief warns lawyers over corporate espionage

19 October 2017

Basic digital housekeeping like keeping software up-to-date and backing up data separately from your network will solve most cyber-security issues – with corporate espionage one issue law firms have to face – according to a former assistant director of the US Federal Bureau of Investigation.


Law Society unveils tech crowdfunding deal as Legal Geek hears about conservative clients

18 October 2017

The Law Society has agreed a deal with a crowdfunding platform to connect solicitors with lawtech start-ups looking for investment. Meanwhile, a lawyer at a magic circle law firm told yesterday’s Legal Geek conference that while clients welcomed the idea of innovation, when it comes to the crunch they often chose old-style methods.

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The importance of benchmarking reports – and lessons on profitability

Regional firms reported the largest revenue growth this year (12%), outpacing their City counterparts. Yet many are not converting that growth into profitability.


Fixed recoverable costs: Sacrificing justice for predictability?

The extended fixed recoverable costs regime is failing to achieve its stated objectives. Instead of promoting fairness and efficiency, the rules are creating anomalies that undermine justice.


Expectations keep rising, so prioritise client experience

Law firms are facing growing pressure to place greater focus on client experience or risk falling behind in an increasingly competitive legal market.


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