Digital Technologies, Legal Design and the Future of the Legal Profession

Marcelo Corrales Compagnucci; Mark Fenwick; Helena Haapio

Digital Technologies, Legal Design and the Future of the Legal Profession

Marcelo Corrales Compagnucci^*, Mark Fenwick, Helena Haapio

^*Corresponding author af dette arbejde

Det Juridiske fakultet

Abstract

Legal Technology—or “Legal Tech”—is disrupting the traditional operations and self-understanding of the legal profession. This chapter introduces the central claim of this book, namely that these developments are having and will continue to have a disruptive effect on the work of lawyers and that adapting to this new operating environment is crucial for legal professionals remaining relevant in an increasingly technology-driven world. The chapter outlines some of the main features of this ongoing transformation process, describes some of the pressures it is creating for lawyers, and provides short summaries of the chapters that comprise this collection.

Originalsprog	Engelsk
Titel	Legal Tech, Smart Contracts and Blockchain
Redaktører	Marcelo Corrales Compagnucci, Mark Fenwick, Helena Haapio
Antal sider	15
Udgivelsessted	Singapore
Forlag	Springer Nature Singapore
Publikationsdato	30 jan. 2019
Sider	1-15
Kapitel	1
ISBN (Trykt)	978-981-13-6085
ISBN (Elektronisk)	978-981-13-6086-2
Status	Udgivet - 30 jan. 2019

Navn	Perspectives in Law, Business and Innovation
ISSN	2520-1875

Emneord

Det Juridiske Fakultet

Andre filer og links

There is a broad consensus amongst law firms and in-house legal departments that next generation “Legal Tech” – particularly in the form of Blockchain-based technologies and Smart Contracts – will have a profound impact on the future operations of all legal service providers. Legal Tech startups are already revolutionizing the legal industry by increasing the speed and efficiency of traditional legal services or replacing them altogether with new technologies. This on-going process of disruption within the legal profession offers significant opportunities for all business. However, it also poses a number of challenges for practitioners, trade associations, technology vendors, and regulators who often struggle to keep up with the technologies, resulting in a widening regulatory “gap.” Many uncertainties remain regarding the scope, direction, and effects of these new technologies and their integration with existing practices and legacy systems. Adding to the challenges is the growing need for easy-to-use contracting solutions, on the one hand, and for protecting the users of such solutions, on the other. To respond to the challenges and to provide better legal communications, systems, and services Legal Tech scholars and practitioners have found allies in the emerging field of Legal Design. This collection brings together leading scholars and practitioners working on these issues from diverse jurisdictions. The aim is to introduce Blockchain and Smart Contract technologies, and to examine their on-going impact on the legal profession, business and regulators.

Citationsformater

Digital Technologies, Legal Design and the Future of the Legal Profession. / Corrales Compagnucci, Marcelo; Fenwick, Mark; Haapio, Helena.
Legal Tech, Smart Contracts and Blockchain. red. / Marcelo Corrales Compagnucci; Mark Fenwick; Helena Haapio. Singapore: Springer Nature Singapore, 2019. s. 1-15 (Perspectives in Law, Business and Innovation).

Publikation: Bidrag til bog/antologi/rapport › Bidrag til bog/antologi › Forskning › peer review

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