Technology is a huge benefit, not your enemy! Innovation cannot be avoided!
The legal industry is entering a new era, the technology era. Law firms around the world discover that software programs, such as RPA (robotic process automation), can change dramatically their daily work. Major US law firms have already recognized the need to integrate technology into the life of the law firm and have appointed a Chief Technology Officer (CTO) and a Chief Information Officer (CIO) in the company. Technology is changing and evolving at a dizzying pace, and lawyers cannot afford to lose this train! Their clients have long gone into it and have similar expectations from their partners.
Incorporating technology in delivering lawyer’s work is indispensable to cutting down repetitive, time -consuming, non-productive work and freeing-up time so that they can use it to develop professional creativity and use of mind thus adding value to their work
Stress will be diminished by eliminating repetitive and unproductive tasks, and business lawyers will become passionate about their work, and also reach the work-life balance they strive for.
In this digital journey of lawyers, IBLA is their trusted partner!
This project is built to provide continuous education for lawyers as technology evolves, as with the passage of time technology will become a real challenge that lawyers have to deal with.
Technology continues to evolve, even if we like it or not! And business law is closely linked to the evolution of the business environment.
The rapidity of information changes the system of “billable hours”, and Digital Transaction Management is changing the traditional way of working with paper.
Technology transforms every segment of the legal ecosystem, including: workforce, division of labor, structure, budget, suppliers, abilities, education and training, and CLIENT’S EXPECTATIONS.
And law firms around the world are largely composed of the Millennials workforce, those born in the era of innovation.
If traditional law firms want to remain competitive on the market, advice is to embrace innovation, not to fight it.