Signs of Growing Australian Legal Tech Market, as ALTA Holds First International Event
The Australian Legal Technology Association held its first international event at DLA Piper's San Francisco office Friday, showing off new legal tech from the region.
October 29, 2018 at 12:35 AM
2 minute read
Australia's legal tech has come to the United States, with the Australian Legal Technology Association's first international event held Friday at DLA Piper's San Francisco office.
Representatives from Xakia Technologies, Lexico, Persuit, Contract Probe, thedocyard and Neota Logic, all of which are based or operate in Australia, presented their technologies to a room of firm lawyers and in-house counsel at ALTA's “San Francisco Demo Day.”
Jodie Baker, the deputy chair of ALTA and founder and chief legal officer of Australian legal tech company Xakia Technologies, said the group only started nine months ago but has already grown to 45 members.
“That's 45 companies who are starting legal technology in Australia. It's just phenomenal. It's been really amazing,” Baker said. “So all the companies here today have a global presence or are ready to start their global presence.”
The event was described as a way to support and raise the global profile of growing Australian legal tech companies. Each of the six present companies were given 15 minutes to discuss their product and provide a short demonstration.
In the day's final presentation, Stuart Clout, the founder and chief legal officer of deal management platform thedocyard, said that entering the U.S. market is crucial for Australia's legal tech community as it goes global.
“A lot of our little Aussie businesses are finding our place in the world, and that place in the world is heavily centered around the United States market … there's going to be a lot more of this. Aussies bringing their tech over here,” Clout said.
The legal tech market in Australia, like ALTA, is fairly new but is rapidly growing as the demand for legal operations roles in the region increase. This year, the Corporate Legal Operations Consortium held its inaugural Australia institute, attended by members of ALTA and legal ops leaders from the United States.
Though CLOC was started in the United States, the groups leaders told Corporate Counsel in September that interest in legal ops has spread to Australia, with a number of GCs and other in-house leaders attending the institute.
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