LexisNexis & Future-Law invited you to Legal Tech Update to the Looshaus!

Vienna (OTS) – On 04.03.2019 LexisNexis was together with a Future-Law a multifaceted Overview of global Trends in the currently much-debated area of Legal Tech. The need for information is large, over 100 guests from law firms and legal departments had come into the Looshaus on michaelerplatz, in order to learn from the Best Practices of the industry.

Andreas Geyrecker, Director of Product Management and Product Development at LexisNexis started with an Overview of the latest developments from the US and UK. The number of Legal Tech providers is growing in the United States in the past 20 years. But also the domestic market is growing rapidly. The entire presentation can be found on the [LexisNexis Blog]
(https://www.ots.at/redirect/lexisblogpraesentation).

The development of new Tools not only happens in Start-ups. Also, media houses, such as LexisNexis bundling your legal expert Know-how in new technologies and invest in the digitization. To Alberto Sanz de Lama, managing Director of LexisNexis: „we have managed to integrate the Expertise of our editorial Teams in the development of new Tools. We are very proud of the result and will continue to work in the future of digital solutions that facilitate the everyday work in the industry and make it more efficient“.

To include the duration of burners in Legal Tech in the areas of Research, and contract drafting. Both topics are firmly anchored in the everyday life of lawyers, and therefore, you are just asked here innovations.

What are the technical developments help the Lord of the law-flood to be Markus Scheffler, Product Manager at LexisNexis presented. Are asked here for faster information access and intelligent search technologies. The publishing Lexis smart scan has developed a legal Text for analysis, which analyzes documents and content from the Lexis 360® brings legal database directly in the Word documents to the lawyers. The whole presentation can be found on the [LexisNexis Blog]
(https://www.ots.at/redirect/lexisblog).

Ondrej Materna of Legito presented a Tool that in a short time contracts, for Patterns can be created. Time and money can be saved. The Legito founder also posed the question of whether lawyers must now fear for their Jobs. In the end, the conclusion was that „the automation of tasks is not a substitute for Jobs“. As with all such Tools, be it a legal text analysis, or automated contract creation, it needs the experience of people who are in your field experts.

To conclude, Martin Hackl, Chief Digital Officer of the Federal Ministry for constitutional reforms, deregulation and justice, the digital citizen services in judicial procedures. Mobile justice-platform for the digital Services of the judiciary, together with the management platform of Austria.gv.at bundled. For the citizen this means that in the future electronic file inspection is possible, and dates can be agreed, or the current state of the Proceedings can be queried.

The Trends in digitization in the legal industry promise of so many exciting innovations. The lively discussion went on in a social gathering. The hosts would like to thank all participants for this unique evening and look forward to another Update to the exciting Legal Tech topics.

More information about Legal Tech and the Video of the evening please see: [https://www.lexisnexis.at/blog/] (https://www.lexisnexis.at/blog/)

About LexisNexis

LexisNexis is Austria’s leading provider of intelligent legal information. As a technology leader, LexisNexis combines high-quality Information, law & the economy with future-oriented digital solutions to help its customers with faster and more relevant responses, better decisions and thus to lead in your professional life.

LexisNexis

Because projection chooses!