February is nearly upon us, which means so is Legaltech New York. Lawyers and others in the legal profession with an interest in a wide array of technology and trends will converge on the New York Hilton Midtown in Manhattan for three days of learning, exchanging ideas and networking.
Legaltech New York is the largest annual conference focused on legal technology, and while it has seen its share of ups and downs over the years, the event remains an important part of the industry. After more than two decades, thousands of legal professionals, technologists and thought leaders still eagerly attend Legaltech each year – despite the inevitable threat of inclement weather. It is, after all, the first week of February in the Northeast.
Each year the conference is filled with interesting educational tracks, and this year is no different. Of course the schedule includes numerous sessions devoted to electronic discovery, which has dominated legal technology conference programming for several years and will likely continue to do so for the foreseeable future. However, this year’s program also includes several tracks devoted to non-discovery-related issues facing corporate legal departments, including information governance, risk and compliance, legal operations, big data and data-related risk and corporate legal IT in general.
This focus on the needs of corporate attorneys and their in-house legal departments underscores the trend we’ve seen in recent years of this market segment taking back a greater role in matters. While organizations will not eliminate their relationships with outside counsel, the realization that law firms are often not equipped to perform certain functions more effectively or more efficiently than the company itself has led to the growth of legal department operations in recent years.
As a provider of the industry’s premier document automation platforms, we have certainly seen this trend firsthand. Law firms seeking to secure their existing client relationships or build new business have recognized the need to offer innovative tools and solutions, as their in-house counterparts are implementing the same to better manage their documents and reduce risk.
Legaltech attendees interested in the latest versions of ContractExpress, ContractExpress for Salesforce or ContractExpress for SharePoint can visit the Thomson Reuters booth in the exhibit hall to request a demonstration. Attendees can also lean about how ContractExpress fits within Thomson Reuters’ suite of drafting solutions as our post-acquisition integration continues.