Legal tech predictions for 2023

The Legal Ops Podcast - A podcast by Alex Rosenrauch and Elliot Leibu

Categories:

It's the start of the year and time for a new round of legal tech predictions! In this episode we discuss a bunch of predictions from Gartner, including what we do and don't agree with, and why. Here's a sneak peak of the issues covered: * Big growth in the proportion of funding spent on legal tech * Replacing lawyers with non-lawyers * Ever increasing automation * Capturing the benefits of CLM, or not * Spending on non-specialist technology providers Then Alex and Elliot make some predictions of their own, including: * The rise of platforms * More "no code" tools * Technology rationalisation * The continued importance of rich APIs * The impact of ChatGPT * Consolidation in the CLM market * Microsoft's legal tech acquisition LINKS Gartner legal tech trends: https://www.gartner.com/smarterwithgartner/5-legal-technology-trends-changing-in-house-legal-departments