Legal tech predictions for 2023

Written By Elliot Leibu

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

Elliot Leibu
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