Digitalisation and Legal Tech are confronting the legal market with new challenges. Gleiss Lutz recognised these issues and the associated opportunities for the firm very early on:
We observe and monitor market trends, evaluate systems and tools on a regular basis and, given our “niche strategy”, develop our own tools where the market offering ends. One aim is, to replace repetitive tasks with software. This creates a working environment affording our lawyers greater scope for individual and personal advice.
We rely on different approaches to identify the trends at an early stage:
- our “Digital Future” think tank
- exchanges and workshops with our clients as well as in our global network of law firms
- the European Legal Tech Association (ELTA), of which we are a founding member
- regular internal Legal Tech trainings, innovation contests and Design Thinking workshops
Over the past year, for example, we have developed our tools “FactTracker” (a Legal Tech tool for storing, structuring and processing individual pieces of factual information in (major) projects) and “Rocket” (a claim bot for class actions developed in-house) and established them in our case work with great success.
In our capacity as a full service law firm, we accordingly offer a broad range of expertise in the legal tech area as well: This comprises a selection of various market-leading Legal Tech tools supplemented by our specially developed, tailor-made tools. This not only enhances efficiency and productivity but also supports the consistent high quality of our advisory services and furthermore results in the best possible advice for our clients in terms of costs.
Digital Future: Advice on the challenges faced with digitalisation
We launched our digital campaign “#DigitalFuture” back in 2017. The resultant think tank takes a cross-disciplinary approach – beyond the different structures of our law firm – working creatively and with great dedication on the digital issues of tomorrow. The exchange of digitalisation and legal tech issues between lawyers and employees of our firm enables joint use cases to be defined, giving rise to new advisory products and legal tech tools that are successfully applied in our case work (more details on this are provided here).