As technology has aggressively revolutionized crucial industry verticals like finance and healthcare, practice of law is one area of expertise that has remained conspicuously resistant to this disruption. However, the scenario is gradually changing. From virtual legal research assistant that automates mundane tasks of the lawyers to online platforms that give the world access to professional legal advices and solutions, hundreds of promising legal tech start-ups are popping up all over the globe. Vanquishing the barriers to innovation transforming the courtroom, reports and surveys point-out ample indications highlighting that the legal industry in fact is ripe for disruption. Standing at this point, innovators and change-makers in this space are striving to make the adoption of technology as painless as possible. Although robots are not likely to replace lawyers altogether anytime soon, but the future of legal tech awaits weaving disparate systems together or create bundled offerings to simplify technology in law.
With legal tech companies raising merely $739M in aggregate funding since 2011, there is still a lot of opportunity to improve functionalities within a legal industry still attached to manual and paper-based processes. And enterprises are exploiting that opportunity to simplify and enrich the legal tech market map that spans emerging categories like online legal services, e-discovery, and practice management software. Having thoroughly examined and reviewed the bests of solution providers in the market, this issue of APAC CIO Outlook, aided by its distinguished panel of editors, brings to you Top 25 Legal Technology Solution Providers - 2017. The list reflects unique and innovative players in the Legal Tech arena and is subjected to assist law firms and attorneys in gaining a comprehensive idea about solutions presently existing and in what ways they might add to their organizational productivity.
