January Insider Tip: Top 4 Tech Trends of 2016 for Law Firms
In this month's newsletter, we share an article that we think you will find interesting by Zach Abramowitz of "Above the Law" regarding top trends that law firms should be watching in 2016.
4 Legal Tech Trends to Watch For in 2016
As 2015 comes to a close, it’s only natural to peek ahead to see what’s in store for 2016. As a whole, legal technology is still just a baby of an industry which pales in comparison to the technology revolution going on in the financial industry. It remains an open question whether legal-tech startups will be attractive targets for early stage venture capital companies. But 2015 began to show some serious promise with some of the biggest Silicon Valley Venture Capitalists placing bets on legal tech.
If you want to stay ahead of the curve in your law firm, or if you’re thinking about joining a new law firm, it’s important to start identifying trends. Here are four trends that I think are going to be hot in 2016.
1. Artificial intelligence will be much improved
2. Analytics tools for law firms more prevalent
3. Legal marketplaces will emerge for clients online
4. Non-lawyers starting legal startups and lawyers starting non-legal startups
Those are trends to watch for the 2016 year and beyond, but we are certain there are others. Read full article here.
Zach Abramowitz is a former Biglaw associate and currently CEO and co-founderof ReplyAll. You can reach him by email at email@example.com.
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