Legal Tech’s Predictions for the Business of Law in 2023 | Legaltech …

As we enter 2023, it’s become abundantly clear that law is a business—success no longer relies on mastering the law, but mastering budgets, revenues, staffing, outsourcing, technology and more. Whether it’s the incorporation of individual tools for analytics or CLM, or a complete overall digital transformation, technology has forever changed the way lawyers have to practice law if they want to succeed.

In addition, law firms are seeing more competition than ever when it comes to the delivery of legal services. The rise of legal ops has had a significant impact on the relationship between legal departments and their outside counsel. Alternative legal service providers (ALSPs) are equally changing the game in most areas of legal practice, from staffing to cybersecurity. Some firms are even creating their own internal tech consultancies or captive ALSPs to try to keep up.

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POND LEHOCKY STERN GIORDANO


01/04/2023


TLI Web

In Memory Of Kevin E. Harchar 1981 – 2022: With heavy hearts, the attorneys and staff of Pond Lehocky Giordano announce the sudden and tragic passing of our beloved partner, colleague, and friend, Kevin E. Harchar,on December 23, 2022.

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Stephanie Wilkins