It may sound surprising to know that one of the most competitive industries in the world is lagging in terms of adopting the latest technologies. A case in point is the legal arena where decision-makers are reluctant to unlock their firms from the shackles of the conventional tools. Law firms require unique document management systems, e-Discovery that meets regulatory standards, robust cybersecurity, and more. Due to the enormity of the problem and developing technology requires a legal pedigree, the rate of solution development has been low. However, legal solution companies are here to address this situation.
Cloud-based services were a crucial leap forward in an industry that cannot afford the capital expenditure of continually buying new software when the old software becomes obsolete. Law firms are also implementing internet of things (IoT) to resolve cases related to innovation issues and correspondence. With the help of legal solution companies, the sector can leverage Artificial Intelligence (AI) to automate legal research and report generation. Additionally, the legal solution companies are simplifying eDiscovery, which can be a new armor in accelerating the delivery and protection of sensitive information.
The effort to find and determine the right legal solution companies may seem like a daunting task for the law firms. Equipping oneself with the full range of legal services and solutions required to address a company's issues to ensure a more favorable outcome is never a concern that should be taken lightly. With so many legal solution providers offering similar services at the same price, CIO Applications' revered panel of editors, researchers, and industry experts have diligently curated a list of the most prominent solution providers that address the primary challenges in the legal sector.
We present to you CIO Applications' "Top 25 Enterprise Legal Solution Providers- 2018".