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Automation of Documents in Legaltech, What Is In for 2023?

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The legal sector is actively responding to the challenge of enhancing its overall performance and meeting customer requirements. However, like most other industries, the legal sector relies heavily on technology to achieve the intended results.

The technologies reforming the sector include artificial intelligence, blockchain, automated workflows, and software solutions, and the list can be very long.

An urgent need is about automating documents. Going by the recent developments, automation of records is likely to be a top trend in 2023.

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Although it is a standard work component, drafting documentation takes time. However, according to a recent study, around 25% of legal professionals’ time can be automated with a well-researched strategy. 

The legal industry now focuses on employing automated software to draft papers and obtain a competitive edge in response to the competition for efficiency in document management.

Data collecting, reporting, daily chores, and billing are just a few tools that automation offers to help you manage more successfully. This technology also has the benefit of adjusting to each company’s requirements, resulting in increased profitability and efficiency.

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The saved time can be rerouted towards other productive works. Customer service is enhanced, and the industry can scale excessively.

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