What are the barriers to legal tech adoption and what are some possible solutions? A panel at the 2016 Stanford CodeX FutureLaw conference provided some answers. Monica Bay, CodeX, moderated the panel which included Elizabeth Lowell, Stanford; Ralph Baxter, CodeX; Brad Newman, Cooley; Joshua Walker, Airbus Silicon Valley; Doug Luftman, Lecorpio; and Nick Abrahams, Norton Rose Fulbright.
Lowell, a JD/MBA student at Stanford, set the context by referring to her recent CodeX blog article, The Current State & Future Prospects for Legal Tech Adoption. Lowell observed that “legal technology adoption faces the conundrum that, because it is particularly difficult to sell to legal players and scale quickly, it is difficult to raise venture capital funding.” Many of Lowell’s themes were in line with the FutureLaw keynote delivered by Jim Sandman, the President of the Legal Services Corporation: The Technology revolution, Lawyers, and Courts: Why So Slow? And How Can We Accelerate Change?
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