find the latest legal job
Senior Associate - Litigation & Dispute Resolution
Category: Litigation and Dispute Resolution | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Come work for a firm ranked in Lawyers Weekly Top 25 Attraction Firms
View details
Associate - Workplace Relations & Safety
Category: Industrial Relations and Employment Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Employer of choice · Strong team culture
View details
Freelance Lawyers
Category: Banking and Finance Law | Location: All Perth WA
· Freelance opportunities through Vario from Pinsent Masons
View details
Freelance Lawyers
Category: Other | Location: All Adelaide SA
· • Qualified lawyer with a strong academic background
View details
Freelance Lawyers
Category: Other | Location: All Melbourne VIC
· • Qualified lawyer with a strong academic background
View details
Law firm competition driving innovation

Law firm competition driving innovation

Lawyers may carry a reputation as being slow to adapt to technology, but competition within the legal services market is leading to innovation around collaboration technologies. According to…

Lawyers may carry a reputation as being slow to adapt to technology, but competition within the legal services market is leading to innovation around collaboration technologies.

According to Matthew Moore, the Asia Pacific regional director at software provider Workshare, his business continues to centre its tools and focus around the legal sector due to the strong and changing demands of the market.

"Typically, we do best in the legal market because of the need for absolute authenticity and accuracy of documents," says Moore. "The legal industry is all about creating IP, therefore they value that the highest, and therefore our tools play best into that market."

While tools such as Workshare's document comparison device DeltaView still have credibility in other markets, Moore says it's the legal sector that continues to drive business and innovation for the vendor.

In fact, Workshare claims it already boasts 90 per cent of the world's top 500 law firms as clients, and the technology company is keen to come up with bigger and better ways to service them.

"The way we see the market going is in increasingly providing clients with access to information that the firms create, whether that's through deal rooms, client extranets, client portals etc," says Moore.

There are also some emerging legal trends, according to Moore, that will continue to drive innovation in the collaboration space.

"Some of the trends we're seeing are around fixed price billing, and when you're working in a fixed-billing environment, you become a de-facto extension to a client's legal team. Therefore, the effort and the input around ensuring that collaboration is simple and accurate is the key," says Moore.

Moore also notes an increased level of law firms sharing "rich information" - such as videoconferencing and PowerPoint - with their clients.

"Historically, we'd see that typically information was exchanged via email or word documents, and that was pretty much the extent of sharing information," he says.

"We're now seeing people increasingly using powerpoint and excel to share information back and forth, and those can contain quite often more critical and key information, that has historically not had the same amount of rigor around control of the content and its creation."

Such increased sharing of rich information is also being encouraged by lawyers getting out of their offices - be it to work directly with the client or to work from home or simply while travelling.

"The ability for lawyers to be mobile is essential, so [technology is providing] the ability for them to access information anywhere, at anytime, and to reduce the need to have a heavy number of applications loaded on their desktop when they may want to instead access information from an iPhone, iPad or BlackBerry."

Like this story? Read more:

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

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

Law firm competition driving innovation
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Scales of Justice, ALA, right-to-die law
06:04
‘Right-to-die’ laws would be a relief for terminally ill: ALA
The passage of an assisted dying bill through the lower house of Victorian Parliament has been haile...
Diversity
06:00
Diversity top of agenda for future WA Law Society president
The advancement of diversity in the Western Australian legal profession will be one of the key items...
Jetski
Oct 23 2017
How to fail well
The legal profession is due for an attitude adjustment when it comes to perceived failures, accordin...
APPOINTMENTS
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'...
opinion
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...
Help
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 & ...