Why GCs Aren't Buying What Legal Tech Is Selling and Why It Matters for Firms
Legal technology companies have to get out of their own way in vying for law department adoption, and buyers need to know what they want.
August 27, 2019 at 12:45 PM
9 minute read
The original version of this story was published on Legal Tech News
The legal technology industry has some significant hurdles to overcome in its increased push to sell into legal departments, general counsel say. And GCs admit that they are part of the problem.
On the one hand, technology companies aren't doing themselves any favors by flooding the market with, at times, dozens of the same offerings, few of which solve specific problems the in-house community has, GCs say. But at the same time, general counsel admit to being distracted, budget-constrained and often unfamiliar with the capabilities of the products they are being pitched.
"It's overwhelming," says HUB International chief legal officer John Albright. "There are hundreds of these vendors, and most of them you've never heard of."
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