LawTech Bridge Webinar recording
"The Road Less Travelled - From Tech to Law to LawTech" - Tara Waters, CEO Ashurst Digital Ventures
If you missed CodeBase and Barclay’s LawTech Bridge’s latest webinar on 24th March, you can catch up with the recording here >
It’s well worth a watch.
Read more about LawTech Bridge in their latest newsletter, which features Trace.
Some highlights and key takeaways; Tara talked about:
The importance of User-Centred Design when designing and building great digital solutions
Digital Tech’s role in helping law firms’ client to self-serve, to digitise aspects of the client-lawyer experience, and the role in the ‘background tasks’ such as contract automation
In terms of innovation horizons, it’s useful to consider “what are the problems that clients don’t realise they need help with” (the ‘unknown unknowns’)
Digitising the practice as a gateway to real disruption (focus here is AI, much hype still about blockchain)
The metaphor of open banking and Legal sector learnings from Financial Services is relevant - LegalTech’s should enable good data choices and let (the law firm) as the client choose. It’s important to enable interoperability between systems, collaborate and recognise and focus on what each Tech business is best at
‘Lawyers are wedded to Word’ so LegalTech businesses need to work with MS Word (e.g. enable import and export
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