Sunday, April 14, 2019

"2019 Future Ready Lawyer Survey" from Wolters Kluwer finds most lawyers are lagging in key technology skills

A recent survey conducted by Wolter Kluwer of 700 lawyers working in law firms, legal departments and business services firms across the U.S. and Europe found that most lack key technology understanding and skills leading to lack of preparedness on the part of their organizations in the ability to deal with changes affecting the legal services marketplace. Not surprisingly, the survey found that demographics plays a big role in attorney comfort and facility with new technologies with 30% of millennials surveyed saying they have a "very good understanding of the technologies" that impact their practice areas with Gen X'ers and baby boomers hovering around 19%. Among the other key findings of the Wolter Kluwer survey:

  • Overall, only about one-third of lawyers (34%) believe their organization is very prepared to keep pace with changes in the legal market
  • Legal professionals report that the Lack of Technology Knowledge, Understanding or Skills comprise the top category of reasons for resisting new technology (36%).
  • More than 7 in 10 lawyers across Europe and the U.S. say that both “Coping with increased volume and complexity of information” and an “Emphasis on improved productivity and efficiency” are top trends with impact. Yet, only 31% feel very prepared to address it.
  • The top challenges for corporate legal departments today include reducing and controlling outside legal costs; improving case and contract management; and automating routine tasks and leveraging technology in work processes.

There's also an article in LegalTechNews providing some additional commentary about the WK survey here.


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