STRONG GROWTH SINCE FOUNDATION IN 2020
In the last six months alone, membership has grown by 40%. The association now has over 120 member companies and a reach of 5,000 followers on LinkedIn. Members include law firms, legal departments, software companies, legal insurance companies and legal tech startups. “We are proud of the developments of the association. It shows that our work is appreciated by many people in the legal tech industry and beyond,” says Alisha Andert, chairwoman of the Legal Tech Association’s board. Andert was already involved in the founding of the association and remembers the beginnings fondly: “Before the founding, there was a lack of a cross-professional platform to drive the topic of legal tech strategically, content-wise and politically – we have now changed that.”
POLITICAL COMMITMENT AND ACTIVITIES
The association has set itself the goal of driving forward the development and application of legal tech solutions in Germany and promoting exchange between all players on the market. In doing so, it has also managed to make a name for itself at the political level. “We advocate for a legal framework that facilitates the use and implementation of legal tech solutions for all players in the legal market and creates more leeway in remuneration and financing models for all players in the legal market,” says Dr. Philipp Plog, chairman and co-founder of the association. The association regularly issues political statements, maintains a close exchange with members of parliament and provides experts at hearings in the legal committee.
In addition, the association sees itself as a platform for networking and knowledge sharing. To this end, it offers its members various roundtables, expert groups and event formats. Since 2022, the association has hosted an annual industry meeting in Berlin, the “Legal Tech Day”. With studies and a digital event series on current topics, the association ensures the visibility of strategically important topics in the industry.
FORECAST FOR THE FUTURE OF THE LEGAL TECH INDUSTRY
“We assume that the legal tech industry will develop very dynamically and change sustainably in the coming years. In particular, the digitization and automation of processes and the current developments of AI-based language models will gain in importance,” says Alisha Andert. Law firms, legal departments and legal protection insurers will have to strategically reorganize themselves. In Germany and around the world, more and more companies are turning to AI to automate business processes, make decisions and drive innovation. The application areas of AI are diverse and the legal industry, along with administration, is one of the areas with the greatest potential for efficiency gains. AI-based solutions will be used in big data processing, automated document analysis, trial preparation, and many other tasks.
“In order to remain competitive, all players in the legal market should now deal more intensively with the topic of legal tech and AI. This is not about doing away with us lawyers, but about a whole new profile of requirements and new consulting models that are just emerging,” explains Plog. “We will shape these developments and the legal framework in Germany and focus on the perspective of our members,” concludes Plog.
DIGITAL OPEN DAY
About the Legal Tech Association Germany Founded in May 2020, the association already brings together more than 120 market players in Germany who are united by the desire to open up the legal market in a fair and competitive way. Members include players from across the legal market, including law firms, legal protection insurers, in-cash service providers, mediation platforms, contract generator providers, and software and me- dia companies (including Flightright, ARAG, C.H. Beck Verlag, Wolters Kluwer, Gansel, Lawlift, Myright, Right- mart, Advocard, RA-MICRO, STP, Bryter). It is the only association in Germany that brings together players in the legal market, regardless of their profession, to leverage the enormous potential of technology for the advancement of legal services. In just a few years, the members of the Legal Tech Association in particular have used new business models to create access to law in some legal areas where it could not be guaranteed in the decades before. |