01/08/2021: Six Barriers to Legal Tech Adoption the Industry Still Needs to Overcome

The legal tech revolution is still a long way behind comparable sectors such as banking and insurance. But COVID-19 is undoubtedly having an impact on tech adoption across the industry. 

In 2018, for example, the UK’s top 10 law firms all agreed that technology was the key challenge when it came to growth. In 2019, however, there was a remarkable increase in interest in the legal tech sector from investors, with a record total investment value of $1.2 billion by the end of the third quarter.

With momentum already flowing, 2020 has accelerated the need for even the most tech-averse attorneys to rethink how they use technology in order to continue going about their lives. And now, 76% of lawyers surveyed by legal tech company My Case agree that COVID-19 will have a lasting impact on the way their firm uses technology.

Click here to read the full article from Hackernoon.