Top 20 Legal Technology Companies - 2017
Legal technology innovation is now a reality! In the recent past, law firms and professionals have been extensively utilizing the industry technologies, like cloud, mobility, and virtual assistants, and machine learning to specifically drive e-discovery, legal process outsourcing, billing, court presentation, and case management. Moreover, the AI-driven revolution in the legal services industry is predicting a radical disruption in the era of ‘robo-lawyers’.
The legal industry operates with extreme precision and high level of professionalism as it involves working under time-managed workflows. A horde of experts are working at the crossroads of technology and law to facilitate the move towards automation and legal efficiency by transforming the legal workflow into smartly organized digital information. Since there is an ongoing fundamental shift in the client’s expectation, law firms focus on technology-enabled CRM strategies to organize and manage all facets of law practice to bring in more profit, while streamlining operations.
In an effort to help law firms with the transition to a more dynamic and technologically-evolved ecosystem, a panel of prominent CEOs, CIOs, VCs, analysts, along with the CIO Review’s editorial board reviewed scores of Legal Technology Solution Providers and chose the top 20 companies.
In our selection process, we looked at the vendors’ capability in designing solutions that can effectively manage legal data, bringing in an efficient and productive process chain, and at the same time deliver consistent insights to enhance business value.
We present to you the 20 Most Promising Legal Technology Solution Providers 2017.