As much technology as possible, as much legal expertise as necessary: How companies benefit from standardised legal processes through the industrialisation of the legal market.

Digital technologies are shaking up the world of law firms. More and more legal tasks that used to require a law degree can be handed over to software programmes. Experts talk about ‘legal tech’ when tools automate legal processes in order to increase efficiency. This makes industrialisation of the legal market possible for the first time. In other words, workflows are broken down into individual steps and standardised, just like on an assembly line. The standardisable tasks are delegated to software tools, while human expertise is still required for everything else.

This is revolutionary, because until now human expertise has been used for all steps of legal processes. These processes are correspondingly complex. More and more companies are thinking about using legal tech to save time and money. What makes them hesitate: Is the quality right?

It’s a legitimate question. As efficient and cost-effective as legal tech is, it cannot be held liable if something goes wrong. This is too risky for many companies. Fortunately, there is a way out of this supposed misery. Innovative law firms such asWordTech combine both worlds with the ‘Tech-Assisted Service’ by putting together a package of software tools and human service. As much technology as possible, as much legal expertise as necessary. And what about the quality? Is right: ‘We offer legal quality and – unlike software – we are liable.’

80 percent of legal tasks can be standardised

Experience shows that companies don’t care whether a legal problem is solved by a lawyer or by software. In order to be able to offer our clients the optimum ratio of effort and return, we consistently implement the industrialisation of legal workflows. The processes are divided into individual steps in a similar way to industrial processes. Many of these individual steps can be standardised. In our experience, more than 80 per cent of the legal challenges that companies face can be tackled in a standardised way. It is simply too expensive to always employ lawyers for these 80 percent of cases. Companies understand this logic. They are less interested in perfection than in efficient workflows that also reduce costs.

The legal tech tools used byWordTech are primarily used for routine tasks such as drawing up contracts and other documents. This allows the legal departments to focus on their most important tasks.WordTech takes care of the rest.

Legal tech convinces with compliance requirements

One focus of this rest is compliance. Whether CSRD, whistleblower or supply chain law, the scope of tasks and requirements is constantly increasing. Even the best legal department can no longer keep up – at least not without legal tech support. With the help ofWordTech, companies could implement the legally required reporting centre for the Supply Chain Management Act in a technically and legally secure manner, combined with AI-supported risk management. The Whistleblower Act also requires many companies and organisations to set up an internal reporting office.WordTech also realises this with the help of legal tech and thus noticeably relieves the burden on legal departments.

Legal tech also enables SMEs without their own legal department to reduce their legal costs. Instead of calling in a law firm for every task, they will be able to make a clear distinction in future: Which tasks can be approached and completed in an industrialised – i.e. standardised – way? And what tasks remain where human expertise is still required? Whether legal tech or legal expertise: atWordTech you are in good hands.