Innovation and Tech Ecosystems

How does digitization affect the legal sector?

In the KPMG Spain Report, on Technological Innovation and Digitalization in the legal sector, revealing data stands out:

– 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 organizations surveyed have implemented LegalTech solutions, with digital signature being 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 international surveys, in Latin America, the diversification of profiles in legal departments is still in an incipient stage, since 97% of the members are exclusively lawyers.

META Channel Corp. It offers you:

The report provides an clarifying vision of the current challenges in the legal field in Spain. Considering this data, META Channel Corp offers you:

1. **Digital maturity assessment: Provide personalized assessment services to determine the level of digital maturity of legal departments, thus helping to outline precise transformation strategies.

2. **Training and knowledge in LegalTech: Develop exhaustive training programs for corporate lawyers, deepening the knowledge of the LegalTech tools available and their practical applications.

3. **Implementation of LegalTech solutions: Offer specific contractual management and workflow automation solutions, adapted to the needs identified in the survey, facilitating the effective adoption of these tools.

4. **AI and legal compliance: Provide advice on the implementation of AI-based solutions, addressing concerns about costs, operability and regulatory compliance, ensuring alignment with European regulation.

5. **Diversification of profiles: Advise on the integration of profiles complementary to the lawyer in legal departments, highlighting the benefits and offering strategies for the successful incorporation of these diverse profiles.

6. Write to: Despacho_Digital@metachannelcorp.com

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