Is legal technology a tool to improve lawyers’ efficiency, or a savage beast that will ravage the entire legal industry? The answer depends first and foremost on your definition of legal technology. Many law firms surveyed say they have invested in technology software that saves manpower, improves work efficiency, and optimizes law firm management.
However, Wu Xiaoliang, managing partner of CM Law Firm based in Shanghai, says the mere application of software and systems is not enough to qualify legal technology, which can more accurately be termed legal tools. “The core value of a law firm lies in the knowledge map that constitutes knowledge in the minds of all lawyers,” says Wu, who has worked with many internet companies.
“Legal technology, which is being heatedly discussed by everyone, hopes to link these maps through technology and enable them to be coded. This belongs to the category of industrial internet, which is a capacity possessed by internet companies, not by law firms.”
Wu points out that the law firm has unique advantages in the application of legal science and technology, and she is trying to use legal tools to create knowledge maps that make contributions to the professional development of the market.