Looking for either specialised legal or compliance skills to complete a project? Cognatio Law has a deep pool of talented legal and risk management consultants ready to deliver positive business outcomes. Contact us!
The
delivery of legal services is changing, due to advances in technology,
AI (artificial intelligence), and business model innovation. This
includes a slow shift towards more affordable, efficient and
standardised methods of delivery. Future law firms are likely to be
structured and run very differently than they are at present. The impact
of the variously named ALSPs/NewLaw firms/law companies has already
been felt in this regard. Cognatio Law was launched in response to the
growing demand within Hong Kong’s business community for more flexible
and cost effective legal services.
We
are witnessing a period in which legal services are increasingly
becoming “unbundled”; whereby the delivery of legal work is a
collaborative effort combining traditional law firms, ALSPs (NewLaw/law
companies etc.), and increasingly, software providers (legaltech etc.).
Over the last few years, there has been several new types of AI
developed to help solve pain points for lawyers with regard to legal
process delivery. AI has still a long way to go but at the same time it
represents a lot of potential in terms of the delivery of services and
processes by professional services sector firms.
.
In
this era of rapid disruption, smart, forward-thinking law firms must be
committed to providing cost-effective and innovative legal solutions.
Utilising the right technology will lead to improvements in legal
productivity, which provides a strong foundation towards building
success in the legal industry, particularly in a highly competitive
market like Hong Kong. Taking steps now to understand the landscape and
think creatively about legal service delivery is imperative. This is one
reason why Cognatio Law CEO Lesley Hobbs stays committed to attending
such a wide range of seminars and legal industry events. She knows that
learning, exploring and embracing new ideas and continually innovating
is crucial to positive personal and professional growth and a successful
business environment.
Are
you looking for more flexibility and cost savings from your external
legal services providers? NewLaw can save you and your company both time
and money. Visit the Cognatio Law website to learn more about us.
Connect with Cognatio Law
2310 Dominion Centre, 43-59 Queen's Road East Wanchai, Hong Kong
Website: https://www.cognatiolaw.com/
Facebook: https://www.facebook.com/CognatioLaw/
Twitter: https://twitter.com/CognatioLaw
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