VAIOT: Exploring the Markets of LegalTech and LawTech

<p>LegalTech and LawTech, while often used interchangeably, signify distinct facets of technology&rsquo;s impact on the legal domain. LegalTech encompasses a broader scope, involving technologies that aid legal research, document management, and case management, ultimately optimizing workflow for law firms and legal departments. In contrast, LawTech, a subset of LegalTech, concentrates on technologies optimizing processes for end-consumers and small businesses.</p> <p>There is no clear rule on how terms LawTech and LegalTech are being applied to describe certain products and services that constitute the sector of online legal services. Most sources mix these two terms up, however our interpretation is based on a clearer distinction: LawTech are online products &amp; services offered by tech companies and directed towards end beneficiaries (private individuals and businesses, especially sole traders, micros and SMEs), who otherwise could not afford constant legal support from regular law firms.</p> <p><a href="https://vaiotltd.medium.com/vaiot-exploring-the-markets-of-legaltech-and-lawtech-15e0aefd747b"><strong>Read More</strong></a></p>