This week, Greg Lambert sat down with Caroline Hill, Editor-in-Chief for Legal IT Insider to discuss the new partnership with NetLaw Media.
Hill described the new partnership between Legal IT Insider and NetLaw Media as a mutually beneficial collaboration with significant synergy between the two organizations. She emphasized the complementarity of their focuses, with Legal IT Insider's emphasis on impartial coverage and promotion of various conferences in the legal tech sector, and NetLaw Media's focus on technology and IT security. Hill noted that both organizations share common sponsors and audiences, which enhances the partnership's potential.
She also mentioned the importance of working with Frances Anderson, the chief executive of NetLaw Media. Hill pointed out that NetLaw Media has been running the British Legal Technology Forum for years, indicating a deep involvement in the legal tech community.
Greg and Caroline also discussed the dramatic change in Legal Tech in 2023, and the continued shift in the industry as demands increase on law firms and others to truly implement AI solutions in 2024.
Hill pointed out that many law firms lack the expertise to build AI solutions themselves and therefore rely heavily on their business partners (vendors) for these capabilities. She suggested that the solution might lie in leaning on these business partners, but noted the challenge of justifying the costs to law firm leadership.
She further mentioned the challenge of capacity and waitlists for AI projects, indicating that this has become a source of competition among law firms. The ability to quickly understand and adapt to the requirements of working with AI and establish effective vendor relationships is crucial for law firms to stay competitive and relevant in the rapidly evolving legal tech landscape.
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