Technological adaptations were one of the most
anticipated trends in the legal industry.
With remote working taking over in 2020, the legal industry
rapidly adapted digital solutions as a necessity. This
much-awaited
digital transformation has led to solutions such as
cloud-based software, automation, and establishing technology
committees in legal departments. Gartner predicts that by 2025, the
average legal technology budget is forecasted to grow three times
the amount compared to 2020. With this rapid growth in mind, here
are some legal tech trends to look out for in 2022:
Artificial Intelligence
Artificial intelligence, or AI, is currently being used to the
extent of automating basic tasks. However, it is possible to
utilize AI in more situations for legal teams. Any legal department
has a lot of documentation to review and analyze. In the next year
or so, it is possible to see the preliminary use of AI for
automation of document analysis through the input