Digital disruption in the legal sector report
09 November 2018
With technology set to grow significantly over the next 5-10 years in the legal sector, the need for action by Australian law firms is becoming crucial.
As the LawTech market rapidly evolves and with investment in legal start-ups on the rise, law firms are recognising the transformative potential that new technologies have to offer.
With law firms around the globe experiencing similar challenges, BDO’s survey of almost 40 senior decision makers in the UK legal sector showed unanimous agreement (95%) that their firms’ investment in technology would likely increase over the next five to ten years.
In our short report, we explore the barriers to investment and look at the difficult questions the legal sector in any country need to answer in order to find a way forward.