Amid Changing State Laws and Shrinking Budgets, DIY Legal Tech Sees Its Moment
Consumer-facing legal platforms say the growing demand for their services isn't a loss for attorneys. In fact, recent state developments may actually make lawyer and tech partnerships more likely.
September 15, 2020 at 10:00 AM
3 minute read
Consumer-facing legal tech is having a "moment." With a global pandemic tightening many budgets, and some states moving to loosen prohibitions on who can provide legal services, the long-term demand for online marketplaces and do-it-yourself legal tech solutions is likely to reach new heights.
"This is the moment where native digital legal tools are absolutely essential to the legal profession, and more importantly, natively digital legal tools are absolutely essential to justice being served," said Rocket Lawyer CEO and co-founder Charley Moore. Rocket Lawyer was one of the first legal tech companies to be approved for Utah's "regulatory sandbox" program allowing nonlawyers to provide certain traditional legal services and authorizing new legal business models.
"The pandemic has accelerated trends toward digital user interfaces for legal from two or three years into six months of growth," Moore added. He noted that demand for estate planning and other legal documentation has grown exponentially since mid-March, with COVID-19 also accelerating adoption of e-signature.
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