find the latest legal job
Corporate and Commercial Partner
Category: Corporate and Commercial Law | Location: Adelaide SA 5000
· Adelaide CBD · Join a leading Adelaide commercial law firm
View details
Freelance Project Finance Lawyers
Category: Other | Location: All Australia
· Vario are looking for freelance lawyers with experience in project finance ideally within the renewable energy sector
View details
Vario Freelance Lawyers
Category: Construction Law | Location: All Australia
· We are looking for lawyers who appreciate the endless possibilities that a freelance career can offer.
View details
Freelance Construction Lawyers
Category: Construction Law | Location: All Melbourne VIC
· We are looking for construction lawyers who appreciate the endless possibilities that a freelance career can offer.
View details
Banking Associate - 1-6PQE - Allen & Overy
Category: Banking and Finance Law | Location: United Kingdom
· Banking Associate - 1-6 PQE - Allen & Overy
View details
Law tech best developed by lawyers

Law tech best developed by lawyers

Lawyers are best placed to help develop legal technology products, according to the former managing partner of a global firm, who is the new chair of thedocyard.

Project management software thedocyard, which was established last year, has recently appointed Michael Bray as chair of the company.

Mr Bray, who is the former global managing partner and head of finance and capital markets at Clifford Chance, told Lawyers Weekly that lawyers should be contributing to the development of legal tech.

“Understanding the reality of transactional practice is critical to the development of the products and platforms that the market now desperately needs,” Mr Bray said.

Mr Bray said that a world of instantaneous communication has brought with it enormous pressure to get things done quickly and efficiently, while at the same time transactions have increased exponentially in terms of sophistication and complexity.

“Pressure to take out the inefficiencies and to reduce process and execution costs has been building up for some time, but models for achieving this can only be developed by people who are intimately familiar and involved with the transactional complexities that define cross-border deals – and that means transactional lawyers,” he said.

“In a sense this is self-evident, for if it were not so the pure tech companies would have found solutions for these problems years ago.”

After leaving Clifford Chance in April last year, Mr Bray joined Italian law firm Grimaldi Studio Legale as a partner, and is continuing his role there alongside being the chair of thedocyard.

“My role at thedocyard is to be non-executive chair and my continuing involvement in private practice will help me in that role as thedocyard continues on its exciting journey to become a global tech provider to the legal transactional market,” he said.

“I see the two roles as very much complementary.”

Mr Bray has been closely involved with the Australian legal market throughout his career and sees it as a frontrunner in the technology space.

“I have always been impressed with the willingness of Australian firms to embrace new technologies, for example in providing in-house training to their lawyers and in developing interactive high-value websites,” he said.

“In these areas I think that Australian firms led the way in many respects, and it is therefore no surprise at all to me to see an Australian venture being the first to bring together top-level practical legal input and the tech input to produce a suite of products that plays very directly to the very pressing needs of the markets across the globe.”

Like this story? Read more:

Book commemorates diamond milestone for WA law society

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

Law tech best developed by lawyers
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Jan 23 2018
Disrupting traditional archiving and storage methods
Promoted by Fileman TRENDS COME and go but technology and its disruption to the legal landscape h...
Scales of Justice
Jan 23 2018
WA to close ‘legal loophole’ on gender reassignment laws
Laws in Western Australia will soon change to permit married people to undergo gender reassignment s...
Lawyers take to Twitter to share career stories
Jan 22 2018
Lawyers take to Twitter to share career stories
The #mypathtolaw hashtag has been embraced by legal eagles to swap stories with the Twitter communit...
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...