Many date the history of legal technology back 41 years to 1973, when Lexis invented a system to allow attorneys to search case law via computers and their system instead of through books.
Within five years, many wealthy law firms began to purchase computer terminals that allowed their attorneys to search through these legal databases and save time in their practice. This allowed lawyers to work faster, take more cases, and be more productive, as the legal profession has long wanted lawyers to be.
From this research starting point, what has been seen as innovative legal technology has been focused around one central thing: legal documents and how to manage them. The past 40 years of legaltech have yet to solve some serious pain points in document management. There is definitely continuing work to be done here.
But the legal profession is changing more dramatically in 2014 than it has in ages, not because of document-related issues, but because of process dissatisfaction. How can technology better facilitate the transactional relationship between the legal practitioner and consumer?
MaRS senior advisor Aron Solomon and lawyer Jason Moyse have been dissecting the emerging legaltech scene for Techvibes for months now. Below, check out a full compilation of their work so far, with more great content from them still to come.