The ‘Internet of Everything’ is rapidly evolving the world scene- – with Artificial Intelligence (AI) increasingly interfacing with humans, dealing with customer queries, feedback and even anticipating purchases before they have been made.

On the other hand – it would not be an understatement to assert that the legal industry has hitherto remained resistant to tech change… However, since the onslaught of Covid 19, one can now sincerely say that the Legal World is steadily adapting to/and exploiting the growing pace of technology that is being developed; and the umbrella term ‘Lawtech’ is now increasingly being used and floated about when describing technologies that aim to support, supplement or replace some traditional methods for providing legal services. One of the most prominent forms of technology that the legal profession is adopting is the automation of legal documents (such as contracts) as well as the performance of other legal administrative tasks.

Once legal documents are drafted, lawyers and/or lay persons can automate the templates making it seamless and easily accessible for their clients and customers to use. The ‘end- user’ (which is just another tech term for customer!) can then answer a series of questions from a well devised questionnaire on their chosen legal topic or issue, and the software instantly generates the final draft contract or agreement by extracting key bits of information from the questionnaire answers. The software then inserts the most relevant contract clauses based on the questionnaire answers given by the end-user; and also deals with the formatting, numbering and document style which saves even more time- Hey Presto!?

Well… technically speaking… there will always be the need for human expertise and input on documents that require a bespoke approach; however, the above system certainly goes a long way to reducing unnecessarily incurred legal costs. Welcome competitive legal pricing some would say…