Exciting insights from the 2023 ABA TechReport shared by Colin Levy! As legal tech continues to revolutionize the industry, it's crucial for professionals to embrace innovation. How do you envision legal education institutions adapting to meet the growing demand for tech education and training? Share your thoughts! #LegalTech #Innovation #TechEducation
Director of Legal @ Malbek - CLM for Enterprise | Legal Tech Author and Speaker | Legal Tech Startup Advisor and Investor | Fastcase 50 2022 Honoree
The 2023 ABA TechReport revealed that while technology budgets vary among firms, there is a growing recognition of its importance across the board. Nearly all respondents from large firms (100+ lawyers) reported having a dedicated technology budget, while smaller firms are focusing their investments on areas such as hardware upgrades, marketing technology, and mobile solutions. As clients demand more efficient, secure, and accessible legal services, the pressure is on for legal professionals to embrace cutting-edge tools and platforms. Artificial intelligence, blockchain, and smart contracts are just a few of the emerging technologies poised to disrupt traditional legal practice. However, adopting these innovations requires more than just financial investment; it also demands a cultural shift and a commitment to ongoing education and training. My question is how will legal educators and legal education institutions meet this growing demand for tech education and training? I'm Colin, Director of Legal and Evangelist at Malbek - CLM for Enterprise. I am your guide to the world of legal tech. Please follow me, buy my book, and subscribe to my LinkedIn Newsletter. #legaltech #innovation #law #business #learning
