Legal Tech Startups

 Recall our continuing look at 'smart contract'  efforts and implications.

6 LegalTech Startups Disrupting the Legal Industry  in PRNewswire

“Lawyers are the only persons in whom ignorance of the law is not punished.” Those were the words of Jeremy Bentham, an English philosopher from the 1700s who thought that knowledge was rapidly advancing towards perfection. Were he alive today, Mr. Bentham might be truly amazed at how technology is being used to make the legal system more efficient than ever. As for the perfection part, he may be a bit underwhelmed.

In our recent piece on global financial technology companies, we noted that a subset of fintech is legal tech (most commonly spelled legaltech), a domain where technology is used to manage and make sense of the vast amount of legal information out there so that it can be transformed into exorbitant invoices. In past articles, we looked at how artificial intelligence is being used in law along with other technologies such as legal chatbots. Since then, investments in legaltech startups have soared, clearing one billion dollars in 2018 and even more in 2019. Today, we want to look at some of the startups emerging as leaders in using technology to transform today’s legal sector. ... '