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About Chambers Lawtech
This is our first report on the rapidly-moving legal technology sector, and is a snapshot of the leading technology developers and vendors, as well as the foremost Incubators & Accelerators and LawTech Consultants.
Explore the guide and our legal rankings using the menus above, or through the PDF version of the guide which is available on this page, to find out more about each of our nine research categories and the leading providers identified and ranked in them.
Chambers LawTech Launch Webinar
Coverage
Our in-depth research runs from January to April
LawTech 2021
65
rankings
3
• LawTech Vendors
• LawTech Consultants
• Incubators & Accelerators
Vendors: Transaction Management
(Contract Analysis)
• Assist in due diligence and risk reporting and in repapering exercises
• Allows for a more data-driven approach to contracts held across a whole business
Vendors: Transaction Management
(Document Automation)
• Some providers position their platforms as being suited to involvement from the inception of a transaction
• Modern interfaces allow for ‘no-code’ automation
Vendors: Transaction Management
(Process Management)
• Often providers’ client bases span multiple sectors, not just legal
• Additional benefits from interoperability and access to more detailed telemetry about efficiencies gained from technology application
Vendors: Practice Management
• Many tools integrate with other platforms, allowing practice leads to choose which products to use for which use legal cases and matters
• Cloud storage allows for more effective remote and real-time collaboration
Vendors: Compliance & Regtech
• Some tools allow for real-time email and message monitoring to automatically flag up potential fraud
• Allows law firms and companies to mitigate increased data privacy burdens imposed by GDPR and other regulatory regimes
Vendors: Consumer Services
• Some focus on small business owners without easy access to specialist expertise
Vendors: Litigation & Dispute Resolution
• Many of the platforms featured have played a central role in keeping courts operational during the pandemic
• Includes big data analytics services that help in giving prospects of case success given certain variables
Incubators & Accelerators
• Increased opportunities for technology adoption, whether through affiliated firm or further afield
•Some focused on start-up and concept stages of development, others more active at the scale-up stage
LawTech Consultants
• Technical consultants assist in implementation and integration of chosen technologies
•Strategic consultants help firms understand what their desired future-state is, and work with them to decide which technological paths are best suited to achieving it
Chambers LawTech Research
The Chambers LawTech researchers conducted in-depth interviews with senior market figures – both practitioners and purchasers of LawTech services - worldwide.
LawTech is part of the Professional Advisers series
To find out more about LawTech, or the wider Professional Advisers series, contact the series editor, Ben Nickson.
To enquire about commercial opportunities associated with the Professional Advisers series, contact Jeremy Stephenson.
Legal Topics for Chambers LawTech
Diversity and Inclusion Statement
We are delighted to share our Diversity and Inclusion Statement for the inaugural Chambers LawTech guide.
Meet the Research and Editorial Team
