Legal and compliance leaders are taking advantage of the myriad technology innovations such as automation, analytics, AI, and others to manage their risk and facilitate the digital transformation of business. To improve efficiency and lower response time, legal managers are automating their operational workflows. The use of virtual legal advisors (VLAs) and AI-powered chatbots are reducing the need for human interaction by providing competent answers to preliminary questions and routing resources to meet customers’ demands. Besides, to support the rapid shift of automating core in-house work processes, several organizations are hiring legal technology experts to fill the digital gap and optimize their infrastructure. Furthermore, keeping in mind the risks involved in transforming business digitally, companies are pulling together ownership structure for third-party risk management (TPRM) and taking charge of the same by consolidating TRPM technology and service provider marketplace. This enables organizations to have a unified view of risks and helps them lower the chances of cyber attacks.
Keeping in mind such drastic transitions, we have compiled this issue of APAC CIO Outlook in order to assist organizations in the task of finding accomplished solution providers to help them navigate the legal tech realm. In this edition, we have listed the top 10 legal tech solution providers-2020 to highlight the enterprises that can escalate the chances of your growth. Equipped with innovative technological capabilities, these enlisted solution providers are transforming the legal paradigm at the cloverleaf of various disruptive technologies. Besides, the magazine comprises insights from subject-matter experts, CIOs, and CXOs in the legal tech sector on the latest industry trends, best practices, recent innovations, and highlights their expertise. We hope this issue of APAC CIO Outlook helps you build the partnership you and your organization need to foster an environment driven by robust and efficient technology.
We present to you APAC CIOOutlook’s “Top 10 Legal Tech Solution Providers - 2020”