The KPMG Spain report on technological innovation and digitalisation in the legal sector highlights some revealing findings:
– Only 12% of participants have evaluated digital maturity in their legal departments, making strategic planning for transformation difficult.
– More than 82% of the corporate lawyers consulted have a superficial knowledge of the LegalTech tools available and their functions.
– Approximately 17% of the organisations surveyed have implemented LegalTech solutions, with e-signature the most common; however, there is growing interest in contract management and workflow automation solutions.
– Widespread adoption of AI solutions, such as GenAI, seems distant for legal departments due to concerns about operability, costs and legal risk analysis associated with regional regulation.
– Unlike the picture in international surveys, the diversification of profiles in Latin American legal departments is still at an early stage: 97% of their members are exclusively lawyers.
What META Channel Corp. offers you:
The report sheds light on the current challenges in the legal field in Spain. In view of these findings, META Channel Corp. offers you:
1. Digital maturity assessment: Personalised assessment services to determine the level of digital maturity of legal departments, helping to map out precise transformation strategies.
2. LegalTech training and knowledge: Comprehensive training programmes for corporate lawyers, deepening their knowledge of the available LegalTech tools and their practical applications.
3. Implementation of LegalTech solutions: Specific contract management and workflow automation solutions, tailored to the needs identified in the survey, making it easier to adopt these tools effectively.
4. AI and legal compliance: Advice on implementing AI-based solutions, addressing concerns about costs, operability and regulatory compliance, and ensuring alignment with European regulation.
5. Diversification of profiles: Advice on bringing profiles that complement lawyers into legal departments, highlighting the benefits and offering strategies for successfully incorporating these diverse profiles.
6. Write to: Despacho_Digital@metachannelcorp.com
