The law firm of the future

The law firm of the future What role will technology play? What role will the lawyer play? Zegal have recently released their ‘Thought Leadership Review 2021’ which assembled a panel of experts including lawyers, investors and founders from Hong Kong, Singapore, Australia, and the United Kingdom. The study aims to provide insight, expertise and foresight into the evolving Legal-tech landscape. The report explores what adaptations need to happen on the legal playing field and what is currently changing within it. Additionally, contributors were asked to consider what a modern law firm of 2030 will look like. Here are some of the findings:  Document automation drove significant change in the Hong Kong and Singaporean legal market Automation has been around for a long time. However, lawyers tend to shy away from it because their value proposition is to charge by the hour. Some believe that at least 30 to 40% of legal work can be automated. The 24/7 nature of work means that clients have high demands and expect holistic solutions to problems. There are arguments that lawyers should not be limited to just their knowledge and expertise in the law. Having knowledge and using technology to save time, means that you can

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