Law firms have so far been slow to move into online legal services, but now Allen & Overy has high hopes for three new applications that make the most of its specialist knowledge of the derivatives market, writes Kieran Flatt
The online legal services area, that vast ‘latent legal market’ that Professor Richard Susskind was urging law firms to ‘unlock’ a few years back, has been a bit flat lately. Apart from a release from Linklaters several months ago – a drafting tool for bankers called Term Sheet Generator – there has been precious little in terms of new development since Eversheds leapt into the burning building of legal dotcommery some two years ago.
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