Sam Moore – a practising solicitor at Burness Paull LLP, and the Scottish law firm’s first “dedicated innovation manager” – has become the first lawyer to be named an “Accredited Legal Technologist,” a new professional designation introduced in 2019 by the Law Society of Scotland (LSS).
The Artificial Lawyer
Tech “Incubator” for Smaller Law Firms Launched in Austria
The Artificial Lawyer reports that a group of smaller firms in Austria – most with fewer than 100 lawyers – are applying a “business incubator” approach to the technological growth of their legal practices.
Smaller law firms often do not have the time and money necessary to accelerate their firms’ technological expertise. But The…
Technology an Asset to Law Firm Competitiveness
A study conducted by Wolters Kluwer indicates that a strong and growing record of investment and use of legal technology by law firms is associated with higher profitability.
Wolters Kluwer is a global information company that offers software, research and learning technology to the legal, business, accounting, and healthcare industries (among others) in more than…
First U.K. Blockchain Residential Property Deal Ever Is Now History
The Artificial Lawyer reports on the completion of the first-ever U.K. residential property deal using blockchain technology rather than traditional property-transfer methods.
The deal was managed by the law firm Mishcon de Reva, which describes its work as “cross-border, multi-jurisdictional and complex,” and this specific…
Crowdsourcing Dispute Resolution on the Blockchain
An article in The Artificial Lawyer reports that Reuters Thomson has invited Kleros, a blockchain-based legal arbitration platform, to participate in its incubator program. The Kleros platform, described by its developers as “The dispute resolution layer for virtually everything,” facilitates the resolution of disputes arising from smart contracts anywhere in the world. In a white…
Bringing Blockchain Transactions into the Legal Domain
The Artificial Lawyer reports on a new system that is intended to ensure the legality of contracts based on tokens that are used on the Ethereum blockchain platform, rather than on established legal tender.
Ethereum is “an open-source, public, blockchain-based distributed computing platform featuring smart contract (scripting) functionality” (Wikipedia). Its tokens, called “ether,” may be…