Is Legal Tech's Future One-Stop-Shop Solutions or an Inevitable Unbundling?
One-stop-shop legal tech solutions still hold a lot weight in the legal market. But with glitchy integrations and bloated tech packages, some see a potential "unbundling" of legal technology, akin to the disruption that hit cable TV.
June 23, 2023 at 11:21 AM
4 minute read
Legal TechnologyThe last decade has seen a wave of technologies and services unspool from one-stop-shop models into more customizable offerings—transitioning from expensive cable packages to picking select channels and from whole music albums to streaming single songs.
For legal technology, an industry that is evolving at its own pace into more user-friendly consumer technology, some insiders say that the same trend may be on the horizon.
To be sure, recent years have harped on more one-stop-shop style legal technology, with law firms and legal departments looking to form relationships with vendors who are able to offer as many functions as they can. But whether that has fully materialized, or simply led to expensive offerings with little interoperability remains to be seen.
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